The International Monetary Fund (IMF) highlighted the persistent challenge of high debt servicing costs in Nigeria and other low-income countries. Despite the…
BUSINESS
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BUSINESSFEATURED
Nigeria’s Naira Weakens To N1,400 Vs. Dollar At Parallel Market, Despite CBN Assurances
Nigeria’s naira dived lower on Thursday to its record low of N1,400 against the greenback, despite the Central Bank of Nigeria’s (CBN)…
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After some legal rigmarole, a Federal High Court (FHC), Lagos Division has dismissed a suit filed by human rights lawyer, Mr Femi…
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BUSINESSFEATURED
FG Under Pressure To Recover $496Million Paid To Indian Firm For Failed Itakpe Iron Ore Project
By NewsBits A notable Non-Governmental Organization (NGO) has stepped up advocacy to persuade Nigerian Government to constitute debt recovery structure in the…
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Enugu Gov’t Seals Multi-Million-Dollar Deal For Entertainment, Sports City With Investors
By Tony Adibe The Enugu State Government has concluded a multi-million-dollar agreement with Del-York Group to construct a state-of-the-art entertainment and sports…
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By Tony Adibe The Enugu Electricity Distribution Company (EEDC) has announced plans to go live with the Token Identifier (TID) rollover for…
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BUSINESSFEATURED
Enugu Signs Multi-Million Dollar Joint Venture Agreement With The Del-York Group For “The 042 Arena And Entertainment Park”
By Dr. Peter Mbah I was delighted to sign a multi-million-dollar joint venture agreement with the Del-York Group for “The 042 Arena…
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The Nigerian Ports Authority NPA has taken trade facilitation a notch higher as it successfully berths the largest container carrier ever at…
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By NewsBits An early evening fire has razed Hanscharis Petrol Station situated at Enugu-Abakaliki federal road by Emene Junction in Enugu State…
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Nigeria’s central bank still lacks the foreign exchange to clear the backlog of demand, and the country’s high interest payment to revenue…