Jumia Market Launches New Site Theme Jumia, a community based online marketplace, is launching a new improved version of its shopping platform, overhauling its design, signature...
FMBN Returns to Profitability, Posts N2.7bn Operating Surplus The Federal Mortgage Bank of Nigeria (FMBN) has posted operating surplus of N2.7 billion for the year ended...
Nigerian, Brazilian Firms Float New Airline A Nigerian firm, Omni-Blu Aviation Limited, has partnered Omni Helicopters International S.A. of Brazil to develop a new alliance known...
FG Targets Solar Power for Industrial Centres The Federal Government has commenced moves that will ensure the provision of electricity to industrial areas using energy from...
Arik Air Passengers Stranded at Abuja Airport Hundreds of Arik Air passengers were left stranded at the Nnamdi Azikiwe International Airport, Abuja on Wednesday. It was...
Investment Inflow to Nigeria Drops to 10-year Low The Nigerian economy recorded its worst investment inflow in 10 years with the country attracting a total investment...
Obanikoro Returns N30m, to Pay N417m More A former Minister of State for Defence, Senator Musiliu Obanikoro, has returned a fresh sum of N30m to the...
FG to Raise VAT on Champagne, Other Luxury Items The Federal Executive Council on Wednesday approved the revised National Tax Policy. The policy will see the...
CBN to Penalise Banks With Cash Problems The Central Bank of Nigeria has said it will penalise Deposit Money Banks that have liquidity challenges by way...
Power Generation Hits 3,528 Megawatts The Transmission Company of Nigeria says that the nation’s power generation improved slightly to 3,528.90 megawatts on February 1 from 2,662...