NNPC fails to remit N1.7tr into Federation Account
The Federation Account Allocation Committee (FAAC) meeting was called off last Thursday over the non-remittance of about N1.78 trillion into the government’s coffers by the...
Digital currency trading is gambling, says NDIC
• How inadequate financial institutions affects North East From the nation’s deposit insurer- the Nigerian Deposit Insurance Corporation (NDIC) came another strong warning at the...
Dangote, Glo, Others Advance to Final Stage in 9mobile Bid
The scramble to acquire 9mobile, Nigeria’s fourth largest network operator, has advanced to the next stage, with 10 out of the 16 firms that submitted...
Ghana proposes $13.9 billion budget in 2018
The Ghanaian government plans to spend $13.9 billion (62 billion Ghana cedis, about N4.2 trillion) in the 2018 fiscal year, the country’s finance minister said...
NNPC, Chevron seal $1.7b deal to raise oil, gas production
Nigerian National Petroleum Corporation (NNPC) and Chevron Nigeria Limited (CNL) have signed the second and final phase of an Alternative Financing Agreement that will increase...
Businessman, Osula’s police security beat man to a pulp in Lagos
Up until the evening of Wednesday, November 15, 2017, perhaps all that Mr. Olugbenga Adekoya had seen about the brutality and cruelty of some Nigerian...
Judge reverses controversial BVN ruling, unblocks bank accounts
A federal judge who earlier granted an order for bank accounts not linked to bank verification numbers to be frozen has reversed himself. Nnamdi Dimgba,...
Indomie buys Dangote plants in Ikorodu, Calabar for N3.75bn
Dangote Noodles Limited, a unit of Nigerian company, Dangote Flour Mills, has sold two production lines in Ikorodu, Lagos State and Calabar, Cross River State...
SUKUK Funds: Why disbursement to contractors is delayed – Nigerian govt
The Nigerian government has dismissed as “unfounded” speculations that the N100 billion SUKUK Bond it raised last September had been diverted. The Director General, Debt...
Port Harcourt, Lagos Airports rated amongst worst 20 in the world
Two Nigerian airports, the Port Harcourt International Airport, Omagwa and the Murtala Muhammed International Airport (MMIA), Lagos, have been rated among the worst 20 airports...