Business/Economy

… Sector Creates Over 2.5 million Jobs The World Travel & Tourism Council’s (WTTC) 2024 Economic Impact Research (EIR) has revealed a record-breaking year for Travel & Tourism in Saudi Arabia, with new records in...

Osun State Gov. Disburses N700m To Local Cooperative Societies CHIGOZIE AMADI In his drive to boost the local economy and alleviate hardship among the citizens, Osun State Governor, Ademola Adeleke, disbursed cash-back cheques of millions of...

Nigerians Explore APK As FCCPC Delists 47 Loan Apps From Play Store CHIGOZIE AMADI Several unregistered loan apps have continued operating in the country through Android Package Kit (APK) amid the ongoing clampdown by the...

AI, Digital Revolution Would Transform World’s Agrifood System’ CHIGOZIE AMADI Qu Dongyu, the Director General of the Food and Agricultural Organisation (FAO), has stated that Artificial Intelligence (AI) and the ongoing digital revolution would inevitably...

Decline In Telecom Investment May Hurt Banking, Others – Rewane HIGOZIE AMADI Foremost economist and the Managing Director/ CEO, Financial Derivatives Company Limited (FDC), Bismarck Rewane, has warned that Nigeria’s telecommunications sector is fast losing its...

•CIT declined to N984.61 billion from N1.13 trillion CHIGOZIE AMADI The federal government generated N1.43 trillion from Value Added Tax (VAT) in the first quarter of the year (Q1 2024), representing a 19.21 per cent increase...

Afreximbank supports Fidelity Bank’s acquisition of Union Bank UK with $40m CHIGOZIE AMADI Afreximbank said it has disbursed 40 million dollars Intra-African Investment Facility to Fidelity Bank Nigeria Plc to support Fidelity Bank’s acquisition and recapitalisation...

Agriculture contributes about 21% to Nigeria’s GDP – Group CHIGOZIE AMADI The Nigerian Youth for Agricultural Revolution Initiative (YOFAGRI), an NGO, says the agriculture sector contributes about 21 per cent to the Nigerian Gross Domestic Product (GDP).   The National...

Access Bank Plc  has announced the successful completion of its acquisition of African Banking Corporation  Limited (BancABC Tanzania). The acquisition is in line with its strategic expansion goals. CHIGOZIE AMADI  This milestone follows the Bank’s initial announcement...

LCCI urges labour to be flexible, consider affordability in new minimum wage negotiation CHIGOZIE AMADI Following the ongoing negotiations regarding a new national minimum wage, the Lagos Chamber of Commerce & Industry (LCCI) have urge all...