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Business & Economy

DMO decries Nigeria’s debt servicing to revenue ratio

The Debt Management Office (DMO) on Thursday said the country’s debt service to revenue ratio, is not sustainable, arguing that government needs to come...

NLC calls for mass protest over attempt to move minimum wage from exclusive to concurrent list

The Nigerian Labour Congress has threatened to resist any attempt by the National Assembly to move the national minimum wage from its current exclusive...

Facebook messaging app, WhatsApp, introduces voice, video calls to desktop app

WhatsApp, owned by Facebook, on Thursday, announced the introduction of voice and video calling features to its app’s desktop. WhatsApp, in a statement on Thursday,...

Food blockade against the south will backfire, ACF warns northern traders

The Arewa Consultative Forum (ACF) has warned the leadership of the Amalgamated Union of Foodstuff and Cattle Dealers to stop the blockade of foodstuffs...

Nestle posts N39.25 billion PAT for the financial year 2020

Nestlé Nigeria Plc has reported N39.25 billion Profit after Tax for the 2020 financial year. This is against N45.68 billion in the corresponding period...

NBC jams Radio Biafra signals in Lagos

Broadcast watchdog, the National Broadcasting Commission on Monday says it has deployed an electronic device to jam the signals of a Pirate Radio claiming...

We misfired…we apologise, Swiss newspaper begs Okonjo-Iweala for labelling her ‘grandmother’

Aargauer Zeitung, a Swiss newspaper has apologised for calling Nigerian-born Director-General of the World Trade Organisation (WTO), Dr Ngozi Okonjo-Iweala, a "grandmother" in its...

Dangote group canvases right to import refined fuel be limited to refinery-licence holders

Dangote Group has urged members of the National Assembly's Joint Committee on Petroleum Industry Bill (PIB) to ensure that companies with refinery licence should...

Cryptocurrency: “Thoughtful and knowledge-based regulation is the answer, not prohibition, Osinbajo advises CBN

Nigeria’s Vice President, Yemi Osinbajo on Friday advised the Central Bank of Nigeria to think outside the box and apply knowledge-driven regulations instead of...

University workers suspend nationwide strike

The three-week old strike embarked upon by the Joint Action Committee (JAC) of non-teaching staff of Nigerian universities has been suspended, effective today, February...

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