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BusinessEconomyNewsSpecial ReportUncategorized

Vehicle Insurance Peddling: Fraudsters Risk N5 Million Fine, Imprisonment – New Bill

February 5, 20210411
Vehicle Insurance Peddling: Fraudsters Risk N5 Million Fine, Imprisonment – New Bill

-by our correspondent. Agents and swindlers especially those selling fake third party motor insurance policies are in for a hard time when the Indu

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BusinessCrimeEconomyNewsUncategorized

Oil Theft: Nigeria’s Onshore Terminals Account For $43b Loss

February 5, 20210400
Oil Theft: Nigeria’s Onshore Terminals Account For $43b Loss

by our correspondent. Data from the Nigeria Extractive Industries Transparency Initiative (NEITI) shows that between 2009 and 2018, Nigeria lost ab

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BusinessEconomyNewsUncategorized

Access To Forex: LCCI Calls For Policy Review To Drive Export

February 5, 20210456
Access To Forex: LCCI Calls For Policy Review To Drive Export

-by our correspondent. The Lagos Chamber of Commerce and Industry (LCCI) has called on the Central Bank of Nigeria (CBN) to reevaluate its policy o

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Reviving Nigeria Economy: NESG, World Bank Call For Reforms, Tough Policies

February 3, 20210544
Reviving Nigeria Economy: NESG, World Bank Call For Reforms, Tough Policies

-by our correspondent. The World Bank and, a private sector-led think-tank, the Nigeria Economic Summit Group, NESG, have asked the Federal Governm

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BusinessEconomyNewsUncategorized

New Petrol Policy: All Importers To Enjoy Forex Parity With NNPC

February 3, 20210489
New Petrol Policy: All Importers To Enjoy Forex Parity With NNPC

-by our correspondent. New rules worked out by the Technical Committee on Premium Motor Spirit (PMS) Pricing Framework have recommended among other

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Maritime Transport: New Policy To Enhance Nigeria’s Competitiveness, FDI Inflow – Minister

February 2, 20210521
Maritime Transport: New Policy To Enhance Nigeria’s Competitiveness, FDI Inflow – Minister

-by our correspondent. The National Maritime Transport Policy being developed by Nigeria would lead to improved Foreign Direct Investment (FDI) inf

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Manufacturing Sector: Multifaceted Challenges Impede Growth In 2020- MAN

February 1, 20210575
Manufacturing Sector: Multifaceted Challenges Impede Growth In 2020- MAN

-by our correspondent. The Manufacturers Association of Nigeria (MAN) has decried the decline in the industrial sector owing to a number of factors

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BusinessEconomyNewsSpecial ReportSport

Club Football: Lionel Messi Earns Over US$ 673m At FC Barcelona – Leaked Contract

January 31, 20210493
Club Football: Lionel Messi Earns Over US$ 673m At FC Barcelona – Leaked Contract

-by our correspondent. A leaked contract has revealed that Barcelona star striker, Lionel Messi, is the highest paid athlete in history, beating Pa

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2020 Fiscal Year: Ecobank Group Reports 7% Growth In Revenue

January 31, 20210473
2020 Fiscal Year: Ecobank Group Reports 7% Growth In Revenue

-by our correspondent. The Ecobank Group has recorded a revenue of over N630 billion for the year ended December 31, 2020. This represents a 7% gro

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BusinessEconomyNewsUncategorized

Fitch Ratings: Ecobank Nigeria Gets High Scores On Stable Outlook, Quality Management

January 29, 20210465
Fitch Ratings: Ecobank Nigeria Gets High Scores On Stable Outlook, Quality Management

Global rating firm, Fitch, has given Ecobank Nigeria Limited (ENG) a Long-Term Issuer Default Rating (IDR) of 'B-' with a Stable Outlook, Viability Ra

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