NBS releases list of states and Internally Generated Revenue earned
Latest report by the National Bureau of Statistics shows that Lagos, Delta, Kaduna and Ogun states are leading on the ranking of states with...
Turkey bans payment with cryptocurrencies
Turkey’s central bank on Friday prohibited the use of cryptocurrencies such as bitcoin for purchases, citing transaction risks.
The ban would be effective as of...
States, FCT generate N1.31trn as IGR in 2020 ― NBS
The 36 states and the Federal Capital Territory (FCT) generated N1.31 trillion as Internally Generated Revenue (IGR) in 2020 compared to N1.33 trillion recorded...
Sub-Saharan Africa needs $245bn external funding in 5yrs – IMF
The International Monetary Fund (IMF), says sub-Saharan Africa’s low-income countries face additional external funding needs of about 245 billion dollars over the next five...
Cryptocurrency Market Now Worth $2trn
The cryptocurrency market has grown exponentially in 2021 and is now worth a staggering $2.0 trillion as it increasingly attracts interest from big names...
Dangote Group denies ‘cheating’ Nigerians in the price of cement
Management of Dangote Cement Plc has clarified that the price of a bag of cement from its factories and plants across Nigeria (as at...
Bitcoin Hits Record High Above $62,000
Bitcoin hit a record high above $62,000 Tuesday as the cryptocurrency exchange Coinbase prepares to launch shares on Wall Street.
Bitcoin reached $62,377, a huge...
IMF projects stronger 2021 growth amid pandemic rebound
Accelerated vaccinations and a flood of government spending, especially in the United States, have boosted the outlook for the global economy, but more must...
N2bn worth of illicit drugs intercepted in Lagos – see video
Operatives of the National Drug Law Enforcement Agency, NDLEA, have intercepted illicit drugs worth over N2billion at the Murtala Mohammed International Airport, in Lagos...
LASG begins disbursement of N1bn to Tourism practitioners
…Promises To Strengthen Public-Private Partnership for Development of Tourism Sector
The Lagos State Government, on Thursday, made a symbolic presentation of cheques to some beneficiaries...
NNPC declares N120bn subsidy unsustainable, ask Nigerians to get ready for fuel price hike
The Group General Manager, Nigerian National Petroleum Corporation, Mele Kyari, has disclosed that the Federal Government subsidises Premium Motor Spirit(PMS) with about N120bn ($263.25m)...
New $1.3b fertilizer plant ready in months – President Buhari
President Muhammadu Buhari Thursday in Abuja said a new basic chemicals platform worth $1.3b that will produce ammonia and fertilizers in Nigeria will be...
You can now buy a Tesla with Bitcoin – Elon Musk
Tesla began officially accepting bitcoin as currency to purchase electric autos, Chief Executive Elon Musk said Wednesday, further boosting the digital money.
“You can now...
Lekki Deep Seaport Begins Operation In 2023, Investor Assures Lagos Govt
Commercial operations at the Lekki Deep Seaport in Lagos Free Zone (LFZ) will begin in the first quarter of 2023, Governor Babajide Sanwo-Olu, on...
Marketers must sell petrol at approved price – DPR
The Department of Petroleum Resources (DPR), Katsina State Field Office, says it will ensure petrol is sold at the government-approved price in the state.The...
