The All-Share Index (ASI) dropped by 0.49 percent at the close of trading on Thursday. This…
Category: Business/Economy
IATA fingers Nigeria as world’s biggest debtor to foreign airlines
Nigeria has again been confirmed as the biggest indebted country to foreign airlines globally. The Regional…
Falae urges FG to repair, sell refineries to competent investors
A former Minister of Finance, Budget, and National Planning, Chief Olu Falae, has advised the Federal…
Dangote Refinery to begin production as first crude shipment lands in facility
Dangote oil refinery is to commence fuel production with the arrival of the first crude shipment…
Again, Lagos govt seals hotels, churches, mosques over noise pollution
The Lagos State government has sealed several establishments, including hotels, nightclubs, mosque, and churches over noise…
Sanusi seeks proper auditing of NNPC, faults Tinubu for holding petroleum portfolio
A former Governor of the Central Bank of Nigeria (CBN), Sanusi Lamido Sanusi, has called for…
Banks to disconnect non-deposit financial institutions from transfer list
The Nigeria Inter-Bank Settlement System (NIBSS) has directed banks to disconnect all non-deposit financial institutions from…
Naira still unstable, plunges to new low of N951.22/$1 at official market
The Naira continued its yoyo on Wednesday, slumping to a new low of N951.22/$1 at the…
FG faults IMF’s past 4 years projection on Nigerian economy
Director-General of the Budget Office of the Federation, Mr. Ben Akabueze, has faulted the International Monetary…
8 Nigerian banks fail CBN’s stress test on foreign operations
* Under pressure to raise capital base Eight commercial banks in Nigeria have fallen short of…