The Central Bank of Nigeria (CBN) has turned down First Bank of Nigeria’s (FBN’s) loan restructuring for Honeywell Flour Mills and subsequently directed the...
The House of Representatives have asked the Central Bank of Nigeria (CBN) to immediately suspend the recapitalisation of Microfinance Banks (MFBs).
This followed the adoption...
The Federal Government’s autogas scheme has received a boost with the rollout of Nigeria’s first locally assembled natural gas-powered buses by an indigenous energy...
The Enugu Electricity Distribution Company (EEDC) says it has started arrears settlement scheme with about 30 per cent discount for its customers.
This is contained...
A professor of Economics, Lanre Olaniyan, says there is nothing untoward about the CBN printing money to augment Federal Government’s revenue.
Olaniyan told the News...
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has called for urgent action to address the underlying causes of the...
The Lagos Chamber of Commerce and Industry (LCCI) has advised the Federal Government to address the challenges constraining the supply side of the economy...
Microblogging and social networking service provider, Twitter, has explained why it chose to locate its Africa office in Ghana and not Nigeria.
Twitter has recently...