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FG suffers N1tn revenue shortfall in five months

By Usman Sulyman The Federal Government on Monday released guidelines and instructions that must be followed by all its ministries, departments and agencies for the...

Banks’ total assets rise to N47.82tn

By Usman Sulyman The total assets of the banking sector rose to N47.82tn as of the end of June 2020. A member of the Monetary Policy...

COVID-19: World Bank gifts Nigeria $114.28m response funds

By Usman Sulyman The World Bank board of directors has approved the sum of $114.28m funds to help Nigeria prevent, detect and respond to the...

Nigeria spends N2.27tn on imported petrol for 13 months – NNPC

By Usman Sulyman In 13 months, Nigeria has spent N2.37tn on petrol imported into the country by the Nigerian National Petroleum Corporation (NNPC), a data...

INTERVIEW: In business, profit a must, consistency key – CEO, Dah Golden Empire

With the revolution in Information Communication Technology (ICT), a sharp turnaround has been witnessed in all stratas of life, and the business sector is...

Anxieties as ShopRite contemplates leaving Nigeria

Shoprite is considering selling its Nigerian operations, according to Bloomberg. South African Company, Shoprite Holdings Limited has said it would auction off its outlets in...

Many public assets are not actively managed in Nigeria – Aganga

By Usman Sulayman A former Minister of Finance, Olusegun Aganga, has said there are so many assets held by different ministries, departments and agencies that...

N300bn funds: Reps summon Emefiele, PENCOM boss, others

By Usman Sulyman The House of Representatives has summoned Governor, Central Bank of Nigeria, Mr Godwin Emefiele; Director-General, National Pension Commission, Aisha Dahir-Umar; and Chairman,...

FG identifies plans to generate N18tn

By Usman Sulyman The Federal Government today said it had identified oil and non-oil initiatives that could help the country generate between N13tn to N18tn,...

CBN plans to unify exchange rates after debiting banks N122bn

By Usman Sulyman The Central Bank of Nigeria (CBN) has debited a sum of N122bn ($338m) from banks’ excess cash with the apex bank before...

CBN distributes N49bn COVID-19 intervention fund to 80,000 persons

Nigeria's apex bank, Central Bank of Nigeria (CBN) has so far distributed N49 billion out of its N50 billion Targeted Credit Facility to 80,000...

IMF reveals Nigeria’s economy’ll nosedive by 5.4%, cuts GDP forecast

By Usman Sulyman The International Monetary Fund (IMF) has downgraded Nigeria’s 2020 growth projection, saying the economy will shrink by 5.4 per cent. The IMF had...
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Dear Saliu Mustapha, when they go low, you go high

By Mohammed Apata In the last few days, one Abdulwaheed Adelodun, a Personal Assistant to the PDP candidate for the Kwara Central Senatorial District, Mallam...

KWABAFEST announces Track News, The Ravens NG, SatCom, PLP, others as partners

The organizers of the Kwara State Books and Arts Festival have announced that Track News Nigeria, Premium Legal Partners, and Tawakul Institute of Corporate...

IYD2022: Kwara govt supports 100 youths with N1m grant each

Kwara State Government has supported businesses owned by 100 young people in the state with N1m grant each, with Governor AbdulRahman AbdulRazaq saying youth...

APC HoR candidate Shagaya observes Juma’at prayer at Afon Central Mosque, donates 2 million naira

All Progressives Congress candidate for Ilorin West/Asa Federal House of Representatives seat, Mallam Muktar Tolani Shagaya, alongside his brother, Alhaji Hakeem SHAGAYA observed Juma’at...