Business
Latest Business news
Workers can now use pensions for Mortgage – PenCom
The National Pension Commission, has commenced approval for workers to use 25 per cent of their Retirement Savings Accounts as ...Strike grounds African flights, Nigeria, Europe, US passengers stranded
Staff of the Agency for Aerial Navigation Safety in Africa and Madagascar (ASECNA), which regulates air traffic control across 18 ...AfDB, Islamic Bank, others invest $618m in Nigeria’s digital programmes
Nigeria is set to get a boost after investors agree to pump $618m into the economy of the country. ...Nigerian airports processed 15.8 million passengers in one year – FAAN
The Federal Airports Authority of Nigeria has said airports in Nigeria had 15.8 million passengers passing through them in 2021, ...Nigeria needs help to tackle debt burden – AfDB president
The president of the African Development Bank, Akinwumi Adesina, has said Nigeria needs help in tackling its debt burden. Adesina ...Fraudsters hack bank, transfer N523 million to 225 accounts
Suspected fraudsters, during a three-day cyber-attack, have hacked a customer’s account domiciled in an old generation bank and fraudulently transferred ...Rising energy costs: Manufacturers spend N639 billion on power, self-generate over 14,000MW
As a result of the poor power supply from distribution companies, there is a rising energy cost which is disrupting ...FG considers banning ponmo consumption, says its not nutritional
The Federal Government has said it is proposing legislation to ban the consumption of animal skin, popularly known as ponmo. ...Dangote, Honeywell, others get N16 trillion tax waiver from FG
No fewer than 46 companies had benefitted from various tax incentives and duty waiver schemes while the requests of 186 ...Lagos-Ibadan train: Amount spent on diesel exceeds earnings by 135.3%
The money spent on fueling the trains that operate on the Lagos-Ibadan Train Service daily is 135.3 per cent higher ...