Business

The Central Bank of Nigeria (CBN) has confirmed the evacuation of banknotes from its vaults to commercial banks across the country as part of a coordinated effort to ease the …

The Federal Government says the proposed national carrier, Nigeria Air is to commence full operations before the end of the administration of President Muhammadu Buhari. The Minister of Aviation, Hadi …

The Federation Account Allocation Committee (FAAC) has shared N722.677 billion February 2023 Federation Account Revenue to the Federal Government, States and Local Government Councils. This was contained in a communiqué …

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has apologised to Nigerians for the rise in failed electronic banking transactions. Emefiele, who spoke at the end of …

Central Bank of Nigeria’s Monetary Policy Committee has voted to increase the benchmark interest rate by 50 basis points to 18. percent. This was disclosed by the CBN Governor, Godwin …

The International Air Transport Association (IATA) has said that foreign airlines’ blocked funds in Nigeria have risen to over 743.7 million dollars. IATA disclosed this in a letter written to …

The National Bureau of Statistics (NBS) says the country’s headline inflation rate rose to 21.91 percent in February 2023 compared to 21.82 percent of January 2023, indicating an increase of …

Shockwaves from the collapse of Silicon Valley Bank further pounded global bank stocks on Tuesday as assurances from President Joe Biden and other policymakers did little to calm markets and …

Pfizer Inc (PFE.N) struck a $43 billion deal for Seagen Inc (SGEN.O) to add innovative targeted therapies to its portfolio of cancer treatments as it braces for a steep fall …

In the quest for improved revenue generation in the aviation sector, the Federal Government through the Ministry of Aviation is looking at ways of collecting landing fees from helicopters operating …