Naira weakens further as dollar rises to 478
By Usman Sulyman
The naira extended its decline on Wednesday at the parallel market as the United States dollar was sold for N478.
The local currency, which...
New economic plans to be implemented January 2021 – Minister
By Usman Sulyman
The successor National Development Plan 2020–2025 of the Federal Government has sufficient capacity to accelerate the attainment of various regional and global...
Against the current price, petrol is supposed to be sold 155 per litre – Marketers
By Muhammed Saheed
The Chairman of the Major Oil Marketers Association of Nigeria, Mr. Adetunji Oyebanji, has said that the pump price of petrol should...
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,...
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Ayu worked for Tinubu, Umahi claims
Ebonyi State governor, David Umahi has claimed that Iyorchia Ayu, the embattled National Chairman of the Peoples Democratic Party, PDP, worked for the emergence...
Shagaya visits Chief of Staff, presents Certificate of Return
Yesterday, Friday March 24th 2023, Member-elect, Asa/Ilorin West Constituency, Mallam Muktar Tolani Shagaya, met with President Muhammadu Buhari’s Chief of Staff, Professor Ibrahim Gambari...
I’ll handover to Tinubu on 29th of May, Buhari clears air
President Muhammad Buhari has debunked claims that he's not ready to handover to the President-elect, Asiwaju Bola Ahmed Tinubu.
The President revealed that the report...
Shagaya mourns music maestro, Jaigbade Alao
Hon. Muktar Shagaya, representative elect of Ilorin West/Asa Federal constituency has mourned the passing of music legend, Alhaji Jaigbade Alao.
According to a statement circulated...