Chelsea Football Club have officially announced they have parted ways with their erstwhile Manager Frank Lampard. The club, in a statement on their official website on Monday, said the decision to relieve Lampard of his job was a difficult one but it was decided a change is needed now to give …

Oil prices rose on Monday as traders were confident that the proposed US large stimulus package from president Joe Biden would boost fuel demand. Top aides to President Joe Biden have begun talks with a group of moderate Senate Republicans and Democrats, Associated Press reported. Meanwhile, the COVID-19 cases continue …

Two Container loads of imported, used tyres, stuffed five into one, were seized by officials of the Standards Organisation of Nigeria (SON) while being off-loaded into a warehouse at the Ikoku Motor Spare Parts Market in Port Harcourt.The seizure was sequel to an alert provided by a patriotic Nigerian to …

President Muhammadu Buhari has directed the immediate release of $20 million dollars, earlier pledged by Nigeria, to the pool account of the ECOWAS Action Plan to fight terrorism across the sub-region. The President announced the order during his presentation to the virtual 58th Ordinary Session of the Authority of Heads …

With Billions of Naira spent in Nigeria’s response to the COVID-19 pandemic, including on health facilities, the Nigeria Centre for Disease Control (NCDC) has made private laboratories richer to the tune of over N6.54bn for conducting tests on international travellers. Findings by PRNigeria reveals that the NCDC mandated travellers to …

The low-interest rates on the Nigerian government’s Treasury bills continue to pose risks to the profitability of local banks, rating agency Moody’s found. In an email to Ecofin Agency, Peter Mushangwe, a banking sector analyst with the U.S. rating agency, said extremely low yields on Nigerian Treasury bills and lower …

President Muhammadu Buhari Thursday in Abuja directed the Federal Inland Revenue Services (FIRS) and related government agencies to plug all revenue leakages by ensuring strict compliance of tax payments by foreign companies operating in Nigeria, urging deployment of more digital platforms and seamless connections. Speaking, virtually, at the First National …

In a renewed attempt at further deepening the reforms of the nation’s business environment, the Presidential Enabling Business Environment Council, PEBEC, has resolved that CEOs and Heads of some Federal Government regulatory agencies be presented with the outcome of a recent survey that exposes major pitfalls in the operations of …

The African Development Bank (AfDB) and the European Investment Bank (EIB) Wednesday signed a joint partnership action plan highlighting their strengthened cooperation and mutual development priorities and a strong shared emphasis on boosting public and private sector investment in Africa. The Joint Action Plan enables both institutions to grow a …

Newly sworn-in American president, Joe Biden, on Wednesday, issued an executive order nullifying a travel ban imposed on citizens of some Muslim-majority countries by his predecessor, Donald Trump. Before his exit from White House on Wednesday, Mr Trump-led administration was notorious for its harsh policies against immigrants and asylum seekers, …