Economy

The Federal Government has slammed a new tax on phone calls in the nation to fund free healthcare for the Vulnerable Group in Nigeria. This is despite recent moves by telecommunication companies to increase the price of their…

American fast-food giant McDonald’s has said it would exit the Russian market and sell its business after more than 30 years of operations in the country. Also, French automaker Renault has handed over its Russian assets to…

Peter Obi addressing PDP Delegates in Kano, Kano State... https://www.facebook.com/teobasi/posts/10158988229103425 Okwute Arrives Mallam Aminu Kano International Airport.. https://www.facebook.com/teobasi/posts/10158988218738425…

The International Monetary Fund has said rising oil prices may lead to high inflation and slow growth across the world. It stated that the rising oil prices may echo the 1970s when geopolitical tensions caused fossil fuel…

Telecommunications giant, MTN Nigeria Communications Plc. has amassed a Profit After Tax (PAT) of N96.8 billion, according to its unaudited results released for the quarter ended Thursday, 31 March 2022 on the NGX on Friday, 29 April 2022.…

A United Kingdom (UK) based firm, HP Kapital Limited and the FHT Ventures Plc on Tuesday in Abuja, unveiled a multi-billion-naira development-driven intervention plans. The firms said their target was to empower 70 million…

On April 6, 2022, BudgIT met with the National Budget and Research Office (NABRO) as part of its post-2022 Budget Consultation Memo visits. At the engagement, the parties discussed the agency's mandate and the core issues that BudgIT…

Subsidy on Premium Motor Spirit, popularly called petrol, between January and March 2022 has risen to N675.93bn, the latest data obtained from the Nigerian National Petroleum Company Limited on Wednesday showed. Also, the NNPC…

The Federal Executive Council, on Wednesday in Abuja, approved the engagement of transaction advisors for consultancy services for the concession of Ajaokuta Steel Company Limited. The approval also involved the National Iron…

Court of Appeal sitting in Abuja has ruled that all proceedings including the contempt proceedings initiated by Nigerian businessman, Barrister Jimoh Ibrahim and Co should be stayed pending the hearing, and determination of the…