Travels: Buhari halts abuse of Estacode, downgrades Directors, others to Economy class
In a bid to curb leakages and ensure efficiency in the management of resources of government, President Muhammadu Buhari, has approved additional cost saving measures for immediate implementation. Mr Willie…
Access Bank hits N1bn in daily digital lending
Access Bank Plc. has hit one billion naira daily in loan value through its expanded digital lending portfolio. Mr Victor Etuokwu, the bank’s Executive Director, Retail Banking, stated this in…
New minimum wage spend, N450bn oil subsidy captured in 2020 budget – Minister
Mrs. Zainab Ahmed, the Minister for Finance, Budget and National Planning says under-recovery of Premium Motor Spirit (PMS), popularly referred to as fuel subsidy will gulp N450 billion in 2020….
Oversupply looms as global oil supply recovers after Saudi attacks – IEA
Global oil markets have quickly recovered from attacks on Saudi oil facilities last month and even face oversupply next year as global demand slows, the International Energy Agency said on…
Third Mainland Bridge is busiest road in Nigeria with vehicular traffic of over 117,000 daily
Minister of Works and Housing, Mr Babatunde Fashola, has said that a total of 524 road projects were ongoing in the different geo-political zones in the country, adding that the busiest…
Drug trafficking: Nigerians among 1,281 inmates on death row in Malaysia
Capital punishment in Malaysia disproportionately affects foreign nationals, who account for nearly half of those on death row, as well as women involved in drug trafficking, Amnesty International said on…
Manufacturing: AFREXIM Bank lists strategies to facilitate AfCFTA in Nigeria
The African Export Import Bank (AFREXIM) says it has created trade financing programmes to facilitate the implementation of the African Continental Free Trade Agreement (AfCFTA) in the manufacturing sector in…
Nigeria to borrow from Chinese bank to finance $3.9bn rail contract awarded to China firm
The Federal Government has signed a 3.9 billion dollar agreement with the China Railway Construction Corporation (CRCC) for the construction of the Abuja-Itakpe railway. The Minister of Transportation, Mr Rotimi…
Konga to fix broken devices free of charge with Yu Break It; We Fix It
Foremost e-commerce giant, Konga is giving e-commerce shoppers a lot to smile about with its value-added service – Yu Break It; We Fix It. Specifically, Yu Break It; We Fix…
Nigerians must pay 7.5% VAT, insists Buhari; exempts food items, MSMEs
President Muhammadu Buhari says the 7.5 percent VAT is inevitable, stressing that the Finance Bill 2019 he forwarded to the National Assembly, when passed into law, will permit government to…