Police kill four kidnappers in OgunAdelabu leads delegation to Japan to strengthen bilateral energy partnershipMy only concern was my safety; I wasn’t afraid of Abacha- Ibrahim BabangidaUPDATE : Security operatives take over OSIEC headquartersFCT Man Fetes Friend At Home, Kills Him Afterwards
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Category: business news
Naira Gains N70 Against US Dollars, Blackmarket Speculation fails
Blackmarket Speculators Loss As Naira Gains N70 Against US Dollars A few days after security personnel stormed several Bureau De Change (BDC) hubs in Abuja, Lagos and Kano, the naira…
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Bank borrowing from CBN rises by 27% from N3.6tn to N4.5tn within few weeks
Amid a rising liquidity crunch, banks operating in Nigeria borrowed a whopping sum of N4.5tn from the Central Bank of Nigeria in July, an increase of 27 per cent Month-on-Month…
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CBN to sell Polaris Bank for N40 billion to Auwal Gombe, IBB’s in-law
The Central Bank of Nigeria is proceeding secretly but firmly to sell Polaris Bank Ltd to an obscure businessman for roughly N40 billion, according to multiple sources familiar with the…
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NNPC Ltd Lays off 500 Staff, Give Conditions, Deadline for Them to Leave
500 staff of the Nigerian National Petroleum Company Limited (NNPC) are said to have received email terminating their appointment This is coming days after the NNPC limited was officially unveiled…
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Report on maize value chain will galvanize maize Production says — EU
The European Union, EU, Delegation to Nigeria, Economic Community of West African States, ECOWAS, and the Federal Government, via the Federal Ministry of Agriculture and Rural Development, announced on Friday…
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8 Years Later, and the Naira Continues to Plunge Under the Watchful Eyes Of CBN Governor Emefiele
The official rate of the Naira against the US Dollar has declined from N164 to N419 since the central bank's Governor, Godwin Emefiele, took office in March 2014. (or 61…
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NESG wants FG to reopen borders, decries petrol, electricity price hike
The Nigerian Economic Summit group has today released a statement on the state of the Nigeria Nation to address major issues.The statement was signed by ‘Laoye Jaiyeola – CEO, NESG…
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SERAP condemns fuel, electricity hike. Demands reversal
Socio-Economic Rights and Accountability Project (SERAP) has condemned “the patently unfair and arbitrary hike in electricity tariff and fuel price by the government of President Muhammadu Buhari. This is unjust…
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Atiku queries deregulation against fuel price hike
Former Vice President Abubakar Atiku has again punctured the recent deregulation in petroleum that has led to an increase in fuel price, asking “If we truly deregulated, shouldn’t fuel price…
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FG announces total removal of subsidy, petrol price to be determined by market forces
Nigerians may experience a more severe energy crisis as the Federal Government jas resolved it is no more going to be releasing guiding price bands for the sale of Premium…
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