FG Earmarks N33bn Credit Line

CBN, banks agree to defray PHCN N25bn gas-related debt Emefiele wants rich Nigerians to pay more for electricity services

Uquo JV to Boost Power Generation with Akwa Ibom Gas Facility

Frontier Oil Limited and Seven Exploration and Production Limited, the Uquo Joint Venture partners, have finalised arrangements for the official inauguration of the Uquo...

Japanese envoy for LCCI business forum

The Chief Representative of the Japanese International Cooperation Agency, Mr. Tetsuo Seki, is to feature as guest speaker at the Business Forum of the...

Nigeria records N2.43trn trade surplus in Q1

Nigeria recorded a trade surplus of N2.42trn in the first quarter of the year as exports rose 14.2 per cent to N3.96trn compared with...

Lubricant producers petition Okonjo-Iweala over failure to implement new tariff

Lubricants Producers Association of Nigeria (LUPAN) has petitioned the Coordinating Minister for the Economy/Minister of Finance Dr. (Mrs.) Ngozi Okonjo-Iweala and the Comptroller General...

Missing $20billion Oil Money: Again, Bukola Saraki Denies Signing Finance Committee Report

For the second time in four months, Senator Bukola Saraki, the All Progressives Congress Senator representing Kwara Central Senatorial District today denied that he ever signed a report of the committee pertaining to the investigation of the missing $20billion that the Nigeria National Petroleum Corporation is alleged not to have paid into the coffers of the government.

Zenith, Access, Wema, Fidelity raise pay as FirstBank, GTBank cut salaries

Three of the nation’s 23 banks effected cuts in staff pay last year while four others increased the average pay package of its staff,...

Entrepreneur builds private toll road after landslip

Mike Watts is charging motorists £2 per journey to use his bypass made from rolled chippings and avoid the closed section of the A431 between Bath and Bristol


President Goodluck Jonathan granted a duty tax waiver of nearly N1 billion to private car dealer Globe Motors to import 290 cars for the...

CBN Seeks Timely Resolution of Bank Customers’ Complaints

The Central Bank of Nigeria (CBN) has stressed the need to put in place adequate measures to ensure that bank customers’ complaints are timely...

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