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Rhoda Onuzulike

Business

Nigeria’s Second Quarter Nominal GDP Hits N60.93tn

The Federal Government has announced that Nigeria’s nominal Gross Domestic Product reached N60.93tn in the second quarter of 2024, reflecting a significant improvements in...

Rhoda Onuzulike -

Business

Rail Transport Generated N1.69bn in Q2– NBS

The Nigerian rail system generated N1.69bn in revenue from passengers in the second quarter of 2024, reflecting a 53.14 per cent increase compared to...

Rhoda Onuzulike -

Business

CBN Eyes N50bn On Cybercrime Levy in 2024

The Central Bank of Nigeria is projected to generate approximately N50bn by the end of 2024 from the newly introduced 0.005 per cent cybersecurity...

Rhoda Onuzulike -

Business

Investors Lose N130bn As Equity Market Reverses Gains

Equity investors lost N130bn as the Nigerian Exchange reversed the previous day’s gain on Thursday. The All Share Index declined by 0.23 per cent to...

Rhoda Onuzulike -

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Nigerians to Pay for New Multipurpose National ID Card – NIMC

The National Identity Management Commission (NIMC) has revealed that Nigerians will be required to pay for the newly designed multipurpose national identity card due to limited government revenue. The announcement was made during a two-day journalists' roundtable in Lagos, with Dr. Peter Iwegbu, Head of Card Management...

Spain Slams $187m Fine on Five Airlines

Spain’s leftist government said for “abusive practices” such as charging passengers for hand luggage, it has fined five budget airlines including Ryanair and EasyJet 179 million euros ($187 million). The consumer rights ministry said in a statement that carriers, which also included Spanish airlines Volotea and Vueling along...

Enugu to Host 23rd National Sports Festival

The National Sports Commission has announced Enugu State as the host of the 23rd edition of the National Sports Festival in 2026. This statement was disclosed by the NSC Director-General, Bukola Olopade. He said the decision was reached after a top management meeting of the NSC.According to him, the...