Seven banks fall short of CBN stress test

The result of the Central Bank of Nigeria stress test on banks has revealed that the…

Forex: CBN injects $325.56m, CNY14m into retail SMIS

The Central Bank of Nigeria (CBN) on Friday, October 18, 2019, made an intervention of $325.5million…

FG, labour reach agreement on minimum wage

After hours of intense negotiations, the Federal government and the labour unions have reached a deal…

Transcorp wins Afam power station with $343.6m

The National Council on Privatisation (NCP) has approved Transcorp Power Consortium as the preferred bidder for…

Another fuel tanker explodes in Onitsha

Another petrol tanker has exploded along Enugu-Onitsha expressway by Bessoy filling station, Onitsha, Anambra State. The…

Who will fund Aisha’s office? PDP asks Buhari

PDP has reacted to the recent appointment of six aides for the office of the first lady by…

A nation is as poor as her scholars are patriotic

If you want to be a rainmaker in Nigeria today, here is one golden chance. All…

Buhari orders forensic audit of NDDC books

President Muhammadu Buhari has finally directed that a close audit of the Niger Delta Development Commission…

FG mulls excise duty on carbonated drinks

The Minister of Finance, Mrs. Zainab Ahmed, has disclosed that the Federal government is considering introducing…

FG not optimistic about recovering $62bn from oil majors

Oil minister Timipre Sylva said Nigeria knows it cannot recover $62 billion from oil majors despite…