Fitch Ratings disputes CBN’s claim on forex backlog clearance

Global rating agency – Fitch Ratings – has argued that the Central Bank of Nigeria (CBN)…

FG okays DisCos to purchase electricity directly from GenCos

The Federal government has given Electricity Distribution Companies (DisCos) the approval to buy electricity directly from…

EFCC chair accuses commission’s investigators of taking bribe

* Vows to punish culprits Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede,…

Dangote Refinery begins registration of product distributors

The management of Dangote Petroleum Refinery has begun registration of distributors for its products, the company…

Abiola’s widow wins N50m lawsuit against police

The Abuja High Court in Gudu has ordered the Inspector-General of Police (IGP) to pay N50million…

Uba Sani wins at Supreme Court, remains Kaduna Gov

The Supreme Court has affirmed the election of the All Progressives Congress (APC) candidate, Uba Sani,…

Police to punish officers who invaded Abia radio station

The Abia Police Command has ordered an orderly room trial of its personnel involved in the invasion of…

Organised labour threatens mass protest over rising insecurity

Worried by the rising insecurity – especially kidnappings across the country – the organised labour has…

GSK gets SEC’s nod to delist N20bn worth of stocks from NGX

The Board of GlaxoSmithKline Consumer Nigeria Plc (GSK) has announced that the company whose market capitalization…

Abbey Mortgage Bank grows assets to N54.3bn

Abbey Mortgage Bank Plc says its total assets now stands at N54.3 billion, with a market…