The landing cost of petrol, otherwise known as Premium Motor Spirit (PMS) being imported into Nigeria increased by more than 60 per cent between December 2020 and mid-June this year….
Continue readingThe African Banker Magazine has named the Group Managing Director and Chief Executive Officer of Access Bank Plc, Mr Herbert Wigwe, as the 2021 African Banker of the Year, for…
Continue readingThe Nigeria Deposit Insurance Corporation (NDIC), has announced plans to commence payment of liquidation dividends to uninsured depositors, creditors, and shareholders of additional 14 banks in-liquidation. This is according to…
Continue readingThe Federal Government of Nigeria has disbursed a total sum of N24.8 billion as stipends to 413,630 beneficiaries out of the 774,000 beneficiaries of its Special Public Works Programme. The…
Continue readingThe Asset Management Corporation of Nigeria has taken over assets belonging to Oyo North lawmaker, Senator Abdulfatai Buhari, over an N600m debt taken by his company, Abadat Ventures Limited. This…
Continue readingNigeria’s debt stock comprising of all debt incurred at the different tiers of government, largely dominated by the Federal and State Government, have risen to N33.11 trillion as of March…
Continue readingSpeaking on the suspension of Twitter and the attempts to introduce tough media regulations, a former Governor of Ogun State and ex-Managing Director of Daily Times Newspaper, Chief Olusegun Osoba…
Continue readingThe communique issued by the Federation Accounts Allocation Committee (FAAC) after a virtual meeting on Wednesday indicated that the sum of N606.958 billion has been shared as federation allocation to…
Continue readingThe Minister of Finance, Budget and National Planning, Zainab Ahmed, and the Director General of the World Trade Organisation, Dr. Ngozi Okonjo-Iweala, on Wednesday, differed on the nation’s debt-to-Gross Domestic…
Continue readingThe Nigeria Content Development and Monitoring Bank (NCDMB) and the Nigeria Export-Import Bank (NEXIM) have signed a $30 million agreement on Capital and Capacity building Fund for the oil and…
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