Market Sheds N44bn as 21 Stocks Depreciate The equities market, on Tuesday, lost N44bn following depreciation in 21 stocks at the close of trading on the...
FG to Recover N450bn From CBN, PTDA, SEC, Others The Federal Ministry of Finance on Tuesday announced the constitution of a committee to recover about N450bn...
Court Dashes FG’s Hope on N2.5tn Stamp Duty Revenue The Court of Appeal sitting in Lagos has dashed the hope of the Federal Government to raise...
The Lagos State Governor, Mr. Akinwunmi Ambode, has said that the state expects to get its first derivation fund next month following the first export from...
Heritage Bank is Not Distressed, Says CBN The Central Bank of Nigeria on Tuesday dismissed reports that Heritage Bank was in distress and unable to discharge...
Massive Spill as Militants Attack Forcados Export Line Again Nigeria’s crude oil export has suffered a major setback as the reopened 48-inch offshore Forcados crude export...
Come up With PPP Projects, FG Tells MDAs The Federal Government on Tuesday challenged its key Ministries, Departments and Agencies involved in infrastructure provision to come...
Demand for Automobiles Drops by 37.5% The current economic crisis facing the country has led to a decline of 37.5 per cent in demand for new...
North to Get N183bn Solar Power Plants A consortium of German renewable energy companies led by Nigus has concluded plans with the Federal Government to build...
FG Owes Oil Firms N2.6tn in Cash Calls The cash call arrears owed oil companies by the Federal Government have swollen to over $8.5bn (N2.6tn), a...