Naira Scarcity Hits Interbank Market as Overnight Lending Rises to 120% There was naira scarcity on the interbank market Tuesday, leading the overnight tenor of the...
Ecobank CEO Advocates Credit Guarantee Schemes for MSMEs The Chief Executive Officer of Ecobank Transnational Incorporated, Ade Ayeyemi, is calling for the Nigerian Government to introduce...
Kwara Assembly Passes Appropriation Bill of N166bn The Kwara House of Assembly on Tuesday passed a revised 2017 Appropriation Bill of N166.1 billion. The News Agency...
NPA Unveils Modern Pollution Equipment to Tackle Oil Spills The Nigerian Ports Authority (NPA) has pledged its continued support in the area of capacity building for...
Telcos Blame Govt for Low Service Quality Telecoms operators have blamed the government for the poor telecoms services in the country. The operators, acting under the...
‘Federal Agencies Fail to Remit N1.695tr’ The Senate ad-hoc committee probing misuse and under remittance of Internally Generated Revenue (IGR) has uncovered over N1.695 trillion unremitted...
FG Raises N6.69bn through Savings Bond In pursuit of the federal government’s objective of financial inclusion by attracting retail investors into the bond market, the government...
CBN Pumps $195m into Forex Market The Central Bank of Nigeria (CBN) on Monday injected the sum of $195 million into the interbank foreign exchange (forex)...
Senate: NNPC Reported Deficit of N3.1tn between 2012 and 2016 Despite generating N15.5 trillion between 2012 and 2016, the Nigerian National Petroleum Corporation (NNPC) recorded a...
Substandard Goods: Envoy Wants Chinese Industries in Nigeria Nigeria’s Ambassador to China, Baba Ahmad Jidda, has said that there is a need for Chinese industrialists to...