The Nigerian National Petroleum Corporation (NNPC) has justified its June remittance of N147 billion to the Federation Accounts and Allocation Committee (FAAC). The Group General Manager,...
The Nigerian National Petroleum Corporation (NNPC) says the federation accounts and allocation committee (FAAC) meeting with governors ended in a deadlock because they wanted extra N40...
The Central Bank of Nigeria, CBN, has again released another tranche of $210million, to meet customers’ requests in various segments of the inter-bank foreign exchange, forex...
The World Bank has approved a loan of $2.1bn for several projects in Nigeria, including power, climate change projects and also to boost fiscal transparency. In...
Rising from Wednesday’s public hearing on MTN Nigeria’s acquisition of Visafone and the controversy around the transfer of its 800MHz spectrum, MTN has commended the Nigerian...
Managing Director of Access Bank Plc, Mr. Herbert Wigwe has opened up on factors fueling the observed rise in lending interest rates amongst Nigerian banks. Speaking...
Bank directors will henceforth be responsible for the protection and security of customers’ data against e-fradusters, the Central Bank of Nigeria (CBN) has directed. The new...
By Richards Adeniyi The Nigerian Ports Authority (NPA) said recently that revenue on car importation into the country dropped by 20 per cent this year, fallout of...
By Richards Adeniyi The Federal Government has been urged to immediately step up its reforms strategy on import and export processes to help reverse the current...
By Richards Adeniyi Justice Mojisola Olatoregun of the Federal High Court in Lagos has ordered Shell Nigeria Exploration and Production Company Limited to pay a fine...