Business & Economy

Minister of State for Agriculture and Rural Development Heineken Lokpobiri has said Nigeria’s $22 billion food import bill is no longer sustainable. He spoke yesterday during an inspection of  the …

Commercial banks are defying Central Bank of Nigeria’s (CBN’s) directive for them to sell $50,000 weekly from Diaspora remittances to bureau de change (BDCs), President, Association of Bureau De Change …

The Organised Private Sector (OPS) yesterday hailed President Muhammadu Buhari’s move to seek emergency powers to push his government’s planned stimulus for the economy. According to the plan, the government …

Meet Kobe Bryant, venture capitalist. The retired NBA star today unveiled his venture-capital fund, a $100 million vehicle for investing in technology, media and data companies. Mr. Bryant, who turns …

Turkish Airlines has said it posted a loss of 1.9 billion Turkish Liras ($644.4 million) in the first half of 2016, while also revising its year-end passenger and revenue target, …

 Godwin Emefiele The Assembly of Governors of the Association of African Central Bank Governors (AACB) has elected the Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele as its President …

Iraq has resumed pumping oil from fields operated by state-run North Oil Company (NOC) via a Kurdistan Regional Government (KRG) pipeline to Turkey, a spokesman for the oil ministry in …

President Barack Obama and his family will be moving out of the White House in a few months. But as far as we know, they aren’t looking to sell. Of …

Minister of Finance, Kemi Adeosun The Federal Government says it has released N400 billion from the 2016 budget to implement capital projects and an additional N60 billion will be released …

The U.S. Air Force has awarded a contract valued at $2.8 billion to Boeing to produce the first 19 new KC-46A tankers. The contract comes about a month after the …