The National Electricity Regulatory Commission (NERC) has revealed that the Ibadan Electricity Distribution Company (DISCO) diverted N6bn from the N11.3bn it received from the Central Bank of Nigeria to...
Four people were killed on Saturday morning after a cargo plane crashed into the sea off Ivory Coast. The incident happened shortly after the plane took off from...
A Review of Effective Tax Regime in Nigeria, a book written by former AIG Tunde Ogunsakin, was launched October 14 at the Nigeria Institute of International...
By Odunewu Segun Nigeria’s overnight lending rate has dropped to 20 percent amidst expectation that a cash squeeze will ease after money market rates more than...
By Odunewu Segun Indigenous oil and gas operator Seven Energy International Limited may be for a rough time following its inability to fulfill payments on two...
President Muhammadu Buhari has informed participants at the 23rd Nigerian Economic Summit, NES, held in Abuja, of his intention to open up the power sector for...
The International Monetary Fund (IMF) has expressed serious concerns over the poor liquidity ratios of some banks in Nigeria, saying the scourge remains a threat...
Barely few weeks after NERFUND, a government agency, revealed it may shut down operations due to unpaid loans, the Bank of Agriculture, has indicated that it could...
Chairman of United Bank for Africa (UBA) Plc and Transnational Corporation Plc, Mr. Tony Elumelu, has observed poor services delivery and asked the Federal Government...
The International Monetary Fund (IMF) has asked the global central banks to keep watch over the improving financial system across the world, as there are...