Foreign investments in Nigerian startups fall by 65%
Foreign investments in Nigerian startups fell by 65.83 per cent year-on-year to $410m in 2023 from $1.2bn in 2022.
The fall in investments caused the country to lose its top spot in terms of total...
Airfares surge by 11%, says NBS report
The costs of air travel rose by 11.01 per cent in November when compared to the same period in the prior year, according to the National Bureau of Statistics.
The NBS Transport Fare Watch report,...
‘Alaska Airlines ignored warnings before Boeing plane suffered blowout’
Alaska Airlines allowed a Boeing plane to continue flying despite warnings from its cabin pressurisation system, US investigators have said.
The National Transportation Safety Board, the primary accident investigator in the United States, revealed on...
Court awards Emefiele N100m in damages
Justice Olukayode Adeniyi of an FCT High Court on Monday awarded N100 million in damages to suspended former governor of the central bank of Nigeria (CBN) against the federal government and Economic and financial...
NAFDAC alerts Nigerians on substandard, contaminated syrup
The National Agency for Food and Drug Administration and Control (NAFDAC)
has notified the public about five contaminated syrups allegedly going round in World Health Organisation (WHO) regions.
The notification is contained in a public alert...
NAFDAC alerts Nigerians on substandard, contaminated syrup
The National Agency for Food and Drug Administration and Control (NAFDAC)
has notified the public about five contaminated syrups allegedly going round in World Health Organisation (WHO) regions.
The notification is contained in a public alert...
Reforms already in place for easy payment of taxes in Lagos, says Sanwo-Olu
Lagos State Governor, Mr. Babajide Olusola Sanwo-Olu, on Sunday said various reforms have been put in place aimed at making it easier for Lagosians to pay their taxes, saying a more enabling place for...
2024: FG restates commitment to tackle food inflation
The Minister of Agriculture and Food Security, Sen. Abubakar Kyari, says plans are underway to reduce food inflation in the country.
Kyari stated this when Gov. Umar Namadi of Jigawa paid him a courtesy on...
AGF denies making payments on behalf of MDAs
The Accountant General of the Federation (AGF), Dr Oluwatoyin Madein has clarified that her office does not make payments on behalf of government agencies.
Made in made the clarification in a statement by Bawa Mokwa,
Director,...
CBN settles additional FX forwards with banks
In fulfillment of its commitment to eliminate the backlog of pending matured foreign exchange in Deposit Money Banks (DMBs), the Central Bank of Nigeria (CBN) recently disbursed approximately $61.64m to foreign airlines through various...
