businesspick

Payments company Mastercard (MA.N) on Wednesday launched a global project to recycle credit and debit cards as part of a plan to save the billions of cards in circulation across …

Britain’s public sector net debt surpassed 100 per cent of gross domestic product in May as borrowing came in higher than expected, the Office for National Statistics said on Wednesday. …

Six new businesses have been given permission to import petroleum products into Nigeria, the Federal Government announced on Monday. The Managing Director of Nigeria Mainstream and Downstream Petroleum Regulatory Authority …

The Central Bank of Nigeria (CBN) has declared the removal of cash deposit limitations on domiciliary accounts, saying account holders can withdraw up to $10,000 per day. The apex bank, …

The naira should be freely floating against the dollar and other major world currencies, according to reports from the Central Bank of Nigeria (CBN). This is as the naira trades …

The Interim Managing Director of Nigeria Air, Capt Dapo Olumide, on Tuesday, said the aircraft used to unveil the country’s national career was a legitimate chartered flight from Ethiopian Airlines. …

Nigeria is withholding $812m unrepatriated airline funds, the International Air Transport Association (IATA) has said. This is as Africa’s most populous nation is topping the list of five countries that …

Airlines will return to profit and fly a near-record 4.35 billion passengers this year, but the sector’s post-pandemic recovery remains fragile, an industry group said on Monday. The industry is …

The Katsina State Internal Revenue Service (KTIRS) has embarked on a warning exercise to recover over N1 billion in debt and liabilities from erring commercial banks and other taxpayers operating …

Chinese President Xi Jinping has assured President Bola Tinubu of increased economic cooperation with Nigeria, saying the country is important to Africa and the world. According to a statement by …