African entrepreneurs trained and supported by the Tony Elumelu Foundation have generated a sum total of $2.3bn revenue since 2015s. This was revealed in a brochure put together to commemorate the 60th birthday of TEF Founder, Mr. Tony Elumelu, on Wednesday. According to a report in the brochure, about 1.5 million entrepreneurs have so far be ... Read more

The Nigerian Safety Investigation Bureau (NSIB) has commented that it would release its report on the train and the Lagos State staff bus accident that occurred at Ikeja area of the state earlier this month. This is as the bureau has agreed to deepen its relationships with the Lagos State Emergency Management Agency (LASEMA) and the Nigerian Rai ... Read more

Buying interests in Guaranty Trust Holding Company (GTCO) and eight stocks assisted the Nigerian Exchange Limited (NGX) to sustain positive sentiments yesterday, as market capitalisation rose further by N17 billion. At the close of trading yesterday, the All Share Index (ASI) rose by 31.43 absolute points, representing a gain of 0.06 per cent to ... Read more

It's a common tradition of regular interactions with major players in the aviation industry since the inception of the Buhari administration, the Minister of Aviation, Hadi Sirika set to host aviation stakeholders on Thursday in Abuja. A statement by the Special Assistant to the minister on Public Affairs, James Odaudu, noted that the idea o ... Read more

The Federal Government has officially declared the removal of its proposed five per cent excise duty on telecommunication services. The government further announced that this was in line with the recommendations of a committee, the Presidential Review Committee on Excise Duty in the Digital Economy Sector, which was constituted to review the imp ... Read more

Economists have argued the Monetary Policy Committee of the Central Bank of Nigeria over its decision to increase the benchmark interest rate by 50 basis points to 18 per cent from 17.5 per cent. The experts spoke in reaction to the lending rate announced by the Governor of the Central Bank of Nigeria, Godwin Emefiele, on Tuesday. Emefiele sa ... Read more