Economy

Brent crude price slides to $68.86/barrel

Oil prices fell about three per cent yesterday, extending last week’s steep losses on the back of a rising United…

5 years ago

Highlights of 2021 supplementary budget: N4bn for WhatsApp tracking, N60bn for COVID-19 vaccine, Others…

Last month, President Muhammadu Buhari signed the 2021 supplementary appropriation bill of N983 billion into law. Of the amount, recurrent…

5 years ago

CBN’s proposed digital currency vs Bitcoin: What you need to know about eNaira

The Central Bank of Nigeria (CBN) has announced that it will launch the pilot scheme of its digital currency (eNaira)…

5 years ago

FEC approves $11.17bn rail project to link all coastal cities

The Federal Executive Council (FEC) has approved $11.17 billion to link all Nigeria’s coastal cities by rail in six years.…

5 years ago

We are cleaning the massive mess left behind by PDP – APC counsels Jega

The All Progressives Congress (APC) has responded to the claim by Professor Attahiru Jega, former Chairman of the Independent National…

5 years ago

Bitcoin Rises Above $40,000 In Mid-June

The world’s largest cryptocurrency, Bitcoin by market capitalisation surged above $40,000 for the first time since mid-June. According to data…

5 years ago

Naira Falls To N522/$1 At Parallel Market Over CBN Controversial Policy

Following the discontinuation of sale of foreign exchange (FX) to Bureaux De Change (BDCs) operators in the country by the…

5 years ago

Jeff Bezos’ Amazon Denies Plan to Accept Bitcoin From Clients

Bad news for bitcoin investors as Amazon denied the claim that it is planning to incorporate cryptocurrency as a payment…

5 years ago

Buhari Signs N983bn Supplementary Budget Into Law

The 2021 supplementary appropriation bill of N983 billion has been signed into law on Monday by President Muhammadu Buhari. This…

5 years ago

Restaurants, Hospitality Businesses Closed Amid Crackdown on Tax Evades in Lagos

Some hospitality businesses have been shutdown in Lagos state as Babajide Sanwo-olu-led administration crackdown on tax defaulters. The clampdown affected…

5 years ago