Finally, NNPC Pays N450bn Federation Account Debt The Nigerian National Petroleum Corporation has finally offset its indebtedness of N450bn to the Federation Account. The Permanent Secretary,...
Etisalat, Lenders Disagree Over $1.2bn Loan Repayment The controversies surrounding Etisalat Nigeria’s indebtedness to a consortium of 13 banks deepened on Thursday with the telecoms firm...
FG, States, LGs Share N462bn for May as Allocation Improves A total of N462.359 billion was shared by the three tiers of government for the month...
Falling Oil, Foreign Reserves and Nigerian Economy Since the OPEC and non-OPEC reached an agreement to extend production cut by another 9 months in May. The...
Lagos Secures $100m from French Agency for Urban Projects The Lagos State Government has secured a whopping sum of $100 million from a French financial institution,...
Nigeria to Benefit from Free Trade Agreement with China The Minister of Foreign Affairs, Geoffrey Onyeama, has stated that Nigeria will benefit tremendously from the Africa...
‘Nigeria Needs $1.4bn to Purchase STBs for Digital Switch Over’ Having missed the June 17, 2017 deadline for the entire Digital Switch Over (DSO) process, which...
NAMFB Decries Closure of MfBs in Kwara The National Association of Microfinance Banks, Kwara State chapter, on Wednesday decried the recent closure of three microfinance banks...
Ex-Barclays Boss Targets 44.5% Stake in Union Bank A former Managing Director of Barclays Bank PLc, Mr. Bob Diamond, has agreed to sell more than a...
WAPCo Eyes Gas Supply From Lagos Oil Field The West Africa Pipeline Company Limited has said it is looking to capture new gas supply from Nigeria,...