Refineries Performed Below 15% in 2016 The consolidated operational performance of Nigeria’s three refineries based on their capacity utilisation was below 15 per cent in 2016,...
Banks Lose N75bn Revenue to TSA in 16 Months Since the commencement of the Treasury Single Account in September 2016, a total of N75.2bn has been...
Payroll Fraud in Bayelsa Massive The Governor of Bayelsa State, Seriake Dickson, has inaugurated a 14-member Advisory Committee on Public Service Reforms, with a charge on...
FG Releases Seized Ekiti Budget Fund Ekiti State Governor, Ayodele Fayose, on Saturday, said the Federal Government had released the withheld January Budget Support Fund to...
A cross section of Nigerians living in South Africa narrowly escaped death on Saturday during attacks on their lives and property in South Africa. Several of...
CBN Allocates $20m to Banks for School Fees, Others As part of the efforts to ease economic challenges in the country, the Central Bank of Nigeria...
Experts Insist CBN Must Float Naira to Remove Country From Recession Economic experts yesterday in Lagos insisted that the Central Bank of Nigeria (CBN) must float...
Overnight Lending Doubles on CBN Cash Withdrawal The banking system’s overnight lending rate more than doubled to 25 per cent on Friday from 10.17 per cent...
Poorer Telecoms Services Loom Over Non-access to Forex Difficulties in accessing foreign exchange to import the equipment needed to expand infrastructure may worsen data and voice...
Kwara Injects N2.5bn in SMEs, Budgets Fresh N500m The Kwara State Governor, Alhaji Abdulfatah Ahmed, said his administration had invested N2.5bn in supporting business owners in...