Nigeria’s latest audit has revealed that the Central Bank of Nigeria (CBN) failed to recover N629.04…
Category: Business/Economy
IBEDC resumes installation of over 55,000 free meters, warns against extortion
The Ibadan Electricity Distribution Company (IBEDC) has announced that it is resuming the installation of free…
Wike revokes Abuja lands belonging to Gen Danjuma, Patience Jonathan, Emir of Ilorin, David Mark, Ndume, Iyabo Obasanjo, others
Minister of the Federal Capital Territory (FCT), Nyesom Wike, has approved the revocation of 1,095 properties…
Cross River govt okays 500 SMEs to access single-digit loans
The Cross River State Government, at the weekend, took a decisive step toward strengthening its small…
Power probe: Reps threaten to order arrest of erring heads of DisCos if…
The House of Representatives, on Friday, threatened to invoke its constitutional powers to compel Chief Executive…
Investors pocket N178bn as equities market ends week bullish
Investors in the Nigerian equities market gained N178 billion at the close of trading on Friday.…
Land Use Charge: Wike revokes 1,095 property titles in FCT
The Federal Capital Territory Administration (FCTA) has commenced enforcement actions on 1,095 property titles recently revoked…
CBN orders banks to stop misleading adverts, warns against public deception
The Central Bank of Nigeria (CBN) has ordered all commercial, merchant, and payment-service banks to immediately…
NNPC reduces petrol price to N900/litre in Lagos, N940 in Abuja
The Nigerian National Petroleum Company (NNPC) Limited has reduced the pump price of petrol across its…
AfDB okays fresh $500m loan for Tinubu’s govt
The Board of Directors of the African Development Bank Group, meeting in Abidjan, has approved a $500…