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Business

NBS: Nigeria’s food inflation hits 19.56 percent

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Nigeria’s inflation rate rose to 15.75 percent in December 2020, a 0.86 percent increase from 14.89 percent in November, the National Bureau of Statistics (NBS)...
African News

Rights group urges lifting Ugandan social media ban

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Amnesty International is calling for Ugandan officials to lift bans on social media imposed ahead of Thursday’s election. Ugandan President Yoweri Museveni announced on Tuesday...
Business

Coronavirus: NANTA gets 4.9 percent share of N5 billion funds, warns against further lockdown

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The National Association of Nigeria Travel Agencies (NANTA) has received about N196 million out of N5bn given to the aviation industry as Covid-19 Palliative to...
Business

NSE suspends Thomas Wyatt Nigeria

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The Nigerian Stock Exchange (NSE) has debarred Thomas Wyatt Nigeria from trading their shares. A statement signed by Lilian Dako, head of NSE listing regulation...
Business

Port Harcourt Disco denies sacking of workers in four states

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File Photo The Port Harcourt Electricity Distribution Company (PHED) has denied the rumour that it sacked some workers from its offices in Akwa Ibom, Bayelsa,...
Business

NPA: How we facilitated process for Caverton to import, assemble large helicopter

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The Nigerian Ports Authority (NPA) demonstrated its prowess last weekend with the successful assemblage of a large Caverton helicopter imported from Sikosky Company, USA. The...
African News

Sudan, Egypt, Ethiopia agree to hold more talks over Nile dam dispute

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Sudan, Egypt and Ethiopia agreed on Sunday to hold further talks this month to resolve their long-running dispute over the Addis Ababa’s huge dam on...
Business

OPEC+ meeting to decide oil production levels after a dismal 2020

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Members of the OPEC group of oil producers and their partners will meet via videoconference on Monday to decide on production levels for February, hoping...
Business Finance

Nigeria’s debt increases to N32.2 trillion

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Nigeria’s debt stock has risen to N32.223 trillion as at September 2020. The Debt Management Office on Thursday released the third quarter country debt data...
News Tech

Apple loses early challenge in virtualization copyright claim

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Apple has lost an early challenge in its lawsuit against Corellium, a security firm that offers a virtualized version of iOS for security testing. Ruling...