CBN Sells $195m Ahead of MPC Decisions Ahead of the decisions of the Monetary Policy Committee on Tuesday, the Central Bank of Nigeria on Monday boosted...
FG Serves Forfeiture Order on Banks The Federal Government has served seven banks with the order of the Federal High Court in Lagos directing a temporary...
Stock Market Hits Two-year High, Soars by N218bn The nation’s bourse recorded its highest return in over two years on Monday, as the Nigerian Stock Exchange...
CBN Returns N51.9bn Illegal Deductions to Bank Customers The Central Bank of Nigeria has said that it has recovered over N51.9bn illegally deducted by commercial banks...
Zero Oil Revenue Days Fast Approaching Acting President Yemi Osinbajo on Monday declared that the days in which no single revenue would be generated from crude...
Militants Destroy Trans-Niger Pipeline, Nigeria Loses 150,000bpd Suspected militants on Monday vandalised the Trans-Niger pipeline in Ogoniland in the Niger Delta region, reducing the Nigerian National...
Nigeria May Hold Rates Even as Inflation Slows, Economy Shrinks A weak naira and stubborn inflation may prevent Nigeria’s central bank from following South Africa and...
Power Generation Falls Below 3,000MW, Seven Plants Idle The nation’s power generation has fallen below the 3,000 megawatts mark as the number of idle power plants...
Fresh Hurdles for 9mobile The last few months, if you will, have been very eventful for Emerging Markets Telecommunication Services Limited (EMTS) which previously traded as...
Cross River Commences Cotton Cultivation, to Make First Harvest November As part of the backward integration policy of Prof. Ben Ayade’s administration, Cross River State Government...