Business & Economy

Minister announces the commencement of passport application automation starting January 8

The Minister of Interior, Olubunmi Tunji-Ojo, confirmed on Monday that starting January 8, 2024, the automated passport application process will officially commence operations. In December,...

UK restricts Nigerian students and others from bringing their dependents while pursuing Japa

The United Kingdom's Home Office announced the initiation of its policy to prohibit Nigerian and other international students from bringing dependents through the study...

Financial institutions tasked with gathering stamp duty on international transactions

Banks are poised to implement a stamp duty charge on historical foreign transactions made between January 2021 and December 2023 by January 31, 2024,...

In 2023, the companies under Tony Elumelu’s leadership achieved capital gains totaling N1.6 trillion

The companies linked to Tony Elumelu concluded 2023 as standout performers, showcasing an exceptional year for the billionaire investor. Collectively, these companies saw a staggering...

LCCI forecasts a decrease in the inflation rate for 2024

Gabriel Idahosa, President of the Lagos Chamber of Commerce and Industry, anticipates a slowdown in Nigeria's inflation rate for 2024. He highlighted the removal...

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