Business

President Muhammadu Buhari will on Tuesday, present the Governor of Cross River State, Professor Ben Ayade, a giant stride award in recognition of his excellent performance in rice production in Nigeria. In a statement made available to newsmen by the media aide, Ayade said his administration has excelled with the establishment of Africa’s first vitaminized […]

Nigeria’s inflation rate in the month of December 2021 rose to 15.63% from 15.4% recorded in November 2021, after 8 months of consecutive decline. This is according to the consumer price index report, released by the National Bureau of Statistics (NBS). Nigeria’s inflation rate had been on a steady decline in the past 8 months […]

The United States has announced grant funding for a feasibility study to support the safe distribution of food and medicine across Ghana. The assistance will facilitate the deployment of temperature-controlled logistics infrastructure for FreezeLink, a Ghanaian company specialized in cold chain logistics. According to a statement by the U.S. Trade and Development Agency (USTDA) director, […]

The South Korean government has expressed its willingness to invest in Cross River State. South Korean Ambassador, Kim Young-Chae gave the indication in Abuja during a meeting with Governor Ben Ayade. Ambassador Young-Chae who explained that big corporations in South Korea were set to do business in Cross River if encouraged, solicited close ties with […]

The net worth of former US President, Donald Trump has dropped by about 700million dollars to 2.3billion dollars during his time as president. The presidency cost Trump an estimated $700m in lost wealth, according to a new analysis of his fortune, with the coronavirus pandemic and Capitol siege slashing income and damaging his brand. Bloomberg […]

Nigeria’s foremost payment merchant Flutterwave, has announced a new partnership with international payment processor, PayPal. The company announced on Tuesday that the new partnership will enable PayPal users globally make payments for business transactions and pay service providers on the Africa continent through Flutterwave’s platform, connecting them to more than 377 million PayPal account holders […]

The Ministry of Mines and Steel Development is considering disbursing N200 million to 100 artisanal miners to boost mining activities in Nigeria. Minister of Mines and Steel Development, Olamilekan Adegbite, made the disclosure  in Abuja. He said  the fund would be drawn from the ministry’s N3.2 billion mining intervention fund, domiciled with the Bank of […]

 The Financial Reporting Council of Nigeria (FRC) says the Legislation on the 2020 Audit Regulation and Companies and Allied Matters Act (CAMA) are intended to promote trade and investments in Nigeria. CAMA 2020, was recently amended  by the National Assembly, an amendment that has caused widespread controversies, especially among Non Governmental Organizations and religious bodies, […]

The Association of License Customs Agent but(ALCA) says it’s  has retrieved over 23 seized licenses from the Nigerian Customs Service for its members. The association said more effort is being put to retrieve another 30  customs licenses. While speaking with Maritime reporters in Lagos, Secretary General of ANLCA, Alhaji Abdulazeez Babatunde Mukaila said that despite […]

The authorities in Ghana have announced that international passenger flights will resume  in the country from September 1. President Nana Akuffo – Addo announced this on Sunday, citing a drop in active corona virus cases. The President however sounded it clear that any traveler arriving in the country must present proof of a negative Covid […]


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