Banks’ non-performing loans now N1.17tn – NBS

Non-performing loans in the Nigerian banking sector fell by N42.4bn in three months, latest figures from the National Bureau of Statistics have shown. According to figures obtained from the NBS’…

Airlines face new threat as COVID-19 second wave spreads

With the rising cases of COVID-19 in Nigeria and other countries, Nigerian airlines are likely to be hard hit again by the impact of the looming second wave on air…

I’m happy doing what I love– Adekoya

Funmilayo Adekoya is the Creative Director of Nifestouch, a make-up artistry brand. She tells TOLUWALOPE KAREEM about her business How did you find yourself in the business of make-up? My interest…

14 AFRICAN COUNTRIES TO SIGN TRADE AGREEMENTS WITH UK

The United Kingdom Department for International Trade says new trade agreements will come into force in January for the UK with 14 African partners with the prospect of more countries…

Queens of sex: Nigeria’s multimillionaire aphrodisiac sellers

Gone are the days when local aphrodisiac sellers were mostly illiterates who wore make-up with loud colours and were often restricted to hawking their wares on the streets or at…

Investors lose N232bn as stock market fall deepens

Transactions in the Nigerian equity market on Thursday closed on a negative note as losing streak extends to the fourth consecutive trading day, following sell-off on some high valued stocks.…

Poor Nigerians will reach 100 million by 2022 – World Bank

The World Bank on Thursday projected that the number of poor Nigerians will increase from the current 90 million to about 100 million by 2022 due to the impact of…

Govt halts retrenchment of 300 Arik Air staff

The Federal Government on Thursday said the over 100 per cent hike in domestic airfares was inevitable, describing it as one of the consequences of the COVID-19 pandemic. It also…

Naira exchanges for N474/$

The naira exchanged to the dollar in the parallel market at N474/$ on Thursday. The naira which recorded slight improvement in recent days closed at the Importer & Exporter forex…

FAAN implements cashless policy to reduce leakages

The Federal Airports Authority of Nigeria has promoted a cashless policy to optimise its revenue collection and reduce leakages. The Managing Director of FAAN, Captain Rabiu Yadudu, said this during…