The Director General of Debt Management Office (DMO), Ms. Patience Oniha, has confirmed Nigeria’s debt stock…
Category: Business/Economy
Cash scarcity hits banks amid preparations for Christmas
There are troubling signs from several parts of the country that the cash crunch, which cripped…
Obi expresses concern, explains why investors are leaving Nigeria
The Labour Party (LP) presidential candidate in the 2023 elections, Peter Obi, has given reasons why…
NECA bemoans loss of over 20,000 jobs amid divestment by multinationals
* Warns of consequences The Nigeria Employers’ Consultative Association (NECA), on Friday, raised the alarm over…
Two injured as truck pulls down section of Alapere pedestrian bridge in Lagos
A section of the pedestrian bridge at the Alapere Estate, Ketu area of Lagos, collapsed following…
Aliko Dangote excited as refinery prepares to start production
The President of Dangote Group, Alhaji Aliko Dangote, has revealed the next step for his multi-billion…
Come for your money, NDIC tells depositors of failed banks
The Nigeria Deposit Insurance Corporation (NDIC) has asked depositors in the 20 failed banks to come…
Cardoso okays new service charter for CBN
Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has approved the reviewed Service…
Nigeria to lose N310bn in FDI as more multinational firms leave country
The unfavourable business environment in Nigeria continues to take its toll on the system as more…
Naira rebounds from record low, appreciates to N843.07/$1 at official market
After falling to a record low of N951.22/$1 on Wednesday, the Naira regained some ground to…