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International airfares out of Nigeria have recorded a further rise following an increase in exchange rate for ticket prices by the International Air Transport Association, OYETUNJI ABIOYE and MAUREEN IHUA-MADUENYI report The international airfares from Lagos to various destinations across the globe have recorded a further increase following the announcement ...

Maureen Ihua-Maduenyi A new scheme targeted at providing improved access to housing finance to aspiring homeowners has been unveiled by stakeholders in the industry. The scheme, known as My Own Home and domiciled with the Central Bank of Nigeria, is also expected to among other things provide awareness, education and ...

Two million Muslims from across the globe are converging on Mecca in Saudi Arabia for the hajj pilgrimage, a religious duty and for some pilgrims the journey of a lifetime. This year sees the return of pilgrims from Shiite Iran, regional rival to Sunni powerhouse Saudi Arabia, and comes with ...

[Guardian] For Nigeria to pull huge investment into the country, the need for government to make the incentives policies and regulatory framework more attractive and less stringent has been stressed.

The chief negotiators from the 11 remaining Trans-Pacific Partnership countries began three-day talks in Sydney on Monday to move forward implementation of the regional free ...

Flood damage in Texas from Hurricane Harvey may equal that from 2005’s Hurricane Katrina, the costliest natural disaster in U.S. history, an insurance research group ...

Foreign investors’ confidence in the economy is rising. The feat is attributed to the $14.1 billion combined foreign exchange (forex) deals from the Investors’ & Exporters’ FX Window – I&E FX Window- and the Central Bank of Nigeria’s (CBN’s) weekly dollar interventions, The Nation has learnt. The I&E FX Window has since ...

For the economy to move forward there is a need for policy consistency and the need to see governance as a continuum. Such policies need to be tailored to support industries to achieve economic growth, curb youth restiveness through massive employment generation, and promote social welfare for the overall well-being ...

Kenya is leading the push for more countries in the region to join the World Trade Organisation (WTO).

The Lagos Chamber of Commerce and Industry (LCCI) has identified inappropriate and unimplemented policies, as well as unfriendly business environment, as part of the reasons the refineries and other sectors of the economy have failed to attract the required investments. LCCI Director-General, Muda Yusuf,  said the policies and the environment ...