We Didn’t Print N5,000 Notes, Coins – CBN Gov.

The Central Bank of Nigeria, CBN weekend, refuted the rumour that it had printed the controversial new N5,000 notes and coins that the law...

Why some Nigerian businesses fail – FIRS

The Federal Inland Revenue Services (FIRS) on Thursday December 5th 2013, attributed the failure of some businesses in the country to multiple taxation. The Head of Micro...

N25.7 Billion Fraud – Ex-Bank PHB Boss, Atuche, Wants Court to Dismiss Charges

A former Managing Director of Bank PHB, Francis Atuche, on Tuesday asked an Ikeja High Court to dismiss the N25.7 billion theft charge preferred...

Power Minister Woos South African Investors

The Minister of Power, Prof. Chinedu Nebo on Tuesday in Abuja called on South African investors to invest in Nigeria’s fledging power sector Nebo, who...

Enterprise Bank Sacks 150 Staff

Lagos - Enterprise Bank Ltd., one of the nationalised banks, has retrenched about 150 workers. The affected workers were part of the 250 staff nationwide...

Business: Nigeria secures N16 billion loan from Indian Bank

The Nigerian Federal Executive Council (FEC) has approved the signing of a loan agreement between Nigeria and the Indian Import Export worth $100 million. While...

Government’s transformation agenda: privatization of national refineries

It is with delight that I read about government’s plan to privatize our national refineries/petrochemical plants. Industry experts have been clamoring for some time...

Meet Africa’s Newest Billionaire, Abdulsamad Rabiu

On a chilly autumn night in London, a chauffeured Bentley glides into the courtyard of an affluent home. Seconds later, atop the entrance steps,...

Cashless Policy: Covering the gap between implementation and objectives

When the Central Bank of Nigeria, CBN announced the cashless policy in April 2011, it was greeted with mixed reaction. In some quarters, it...

IMF warns FG against oil price shock, Capital flow reversal

The International Monetary Fund, IMF, yesterday, called on the Federal Government to implement timely policy actions to avert risk of oil price shock and...

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