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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...

Frauds on the rise, banks caution customers

By Usman Sulyman Bank fraudulent acts are increasing as more customers are adopting electronic means of payment since the lockdown started in the country to...

Ports in Nigeria are not configured for export – Shippers Council boss

By Usman Sulyman The Nigerian Shippers Council's Chief Executive, Mr Hassan Bello, has said ports in the country are not configured for exportation. He said this...

N440m debt: AMCON seizes Doggi Group’s assets

By Usman Sulyman Following the order of Honourable Justice A.I.Chikere of the Federal High Court, Abuja division, the Asset Management Corporation of Nigeria (AMCON) has...

May: FG, States, LGs share N547.3bn

By Usman Sulyman The Federation Account Allocation Committee (FAAC) on Wednesday, 18, June 2020 has shared a total amount of N547.309 billion among the three...

Expect COVID-19 loans 48 hours after approval – CBN

By Usman Sulyman The Central Bank of Nigeria (CBN) has said all applicants that have submitted their account details for the COVID-19 targeted credit facility...

Rise in poverty, risk to democracy, security – says LCCI

By Usman Sulyman The Lagos Chamber of Commerce and Industry says the rise in poverty in Nigeria posed a great risk to Nigeria’s democratic process...

Pension reform: FG yet to implement raise in workers’ contributions from 15 to 18%

• Former unionist charges labour to mount pressure By Usman Sulyman The Pension Reform Act 2014 has mandated employers under the Contributory Pension Scheme to raise...
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Shehu Sani speaks on Kaduna’s $350m World Bank loan

Shehu Sani, a former senator representing Kaduna Central, has put to fore his opinion on the issue of the $350 million World Bank loan. He...

There can never be peace in APC, party chieftain, Nabena fumes

Yekini Nabena, the former Deputy National Secretary of the All Progressives Congress, APC, has given notice that the party will never know peace with...

NIPR Award: Shagaya congratulates his SA Media

  Hon Muktar Tolani Shagaya, the member representing Asa and Ilorin West Federal Constituency at Federal House of Representatives, has congratulated his Special Adviser Media...

Hon. Muktar Shagaya, NEMA share palliatives to flood victims in Ilorin West/Asa local governments

Member representing Ilorin West/Asa Federal House Assembly, Honourable Muktar Tolani Shagaya, on Tuesday distributed over 1000 units of food items to victims of flood...