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Nigerians spent at least $220.86 million on foreign education between December 2021 and February 2022 a study by the Central Bank of Nigeria has shown. The CBN data on the amount spent on educational service under the sectoral…

Ukraine is top of the agenda at the four-day meeting of global business leaders at the World Economic Forum, which kicked off in earnest on Monday with a video address by Ukrainian President Volodymyr Zelenskiy.…

Nigeria lost a whopping N2.1 trillion as a result of crude oil production deferment in one year, a report by the Nigeria Extractive Industries Transparency Initiative (NEITI) has shown. The 2021 report said the huge loss was recorded in…

Nigeria's Minister of Communication and Digital Economy, Professor Isa Pantami, has re-echoed the need for key players in the sector to create value within the digital economy using data to enhance the process. Professor Pantami said…

Nigeria's Federal Ministry of Aviation in conjunction with the Nigerian Civil Aviation Authority (NCAA) and the International Civil Aviation Organisation (ICAO) have concluded the seventh edition of the African-Indian Ocean(AFI) meeting in…

The Executive Director/CEO of the Nigerian Export Promotion Council (NEPC), Dr. Ezra Yakusak has been re-elected as the President of ECOWAS Trade Promotion Organisations (TPOs) Network in Accra, Ghana. A statement signed by the Head,…

Crude Oil prices rose on Thursday, recovering from early losses, on hopes that planned easing of restrictions in Shanghai could improve fuel demand while lingering concerns over tight global supplies outweighed fears of slower economic…

The Nigeria Customs Service says it will kick off the suspended electronic valuation policy for imported vehicles on Friday. This is contained in a letter dated May 17, 2022, signed by the Deputy Controller, Administration, Nigeria…

Domestic airlines have said that rising operational costs occasioned by aviation fuel price hikes, foreign exchange shortage, among others may push the base economy flight ticket to N100,000. The Airline Operators of Nigeria spokesperson…

European equity markets look set for another rough day as the pan-region Euro Stoxx 50 futures fell 0.52%, German DAX futures were down 0.63% while FTSE futures were 0.51% lower. Asian stocks also slid on Thursday, tracking a steep Wall…