Senate probes finances of federal agencies

Senate says service chiefs must resign as insecurity swirls round Nigeria

Lucky Nwanekwu Jul 21, 2020

Publish names of NASS members running contracts for NDDC within 48 hours, Reps order Akpabio

World Bank to decide on Nigeria's $1.5bn budget support August 6

Manufacturers invest billions in local raw materials as FX scarcity hurts

Inside the opportunity cost of Nigeria’s latest N1trn gas pipeline project

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LEAD STORY

Naira falls to N472/$ as market reacts to banks’ dollar spending limits

Lucky Nwanekwu Jul 21, 2020

The naira slumped by the most in at least a year on the black market after banks announced restrictions to international spending...

Cardiovascular Health: A Lifelong Commitment

Nigerians, top business executives face formidable enemies in these four lifestyle diseases

Stephen Onyekwelu Jul 21, 2020

Cardiovascular disorders, hypertension, diabetes and cholesterol-related health conditions springing from lifestyle habits have been on the rise in Nigeria, in...

Presidency links Southern Kaduna crisis to 'revenge killings'

Anthony Ailemen Jul 21, 2020

The Presidency on Tuesday blamed the escalation of insecurity in southern parts of Kaduna, North West, Nigeria on what it...

Why CBN’s new guideline may suffer setback in microfinance bank sub-sector

Hope Moses-Ashike Jul 21, 2020

The implementation new loan recovery guideline called Global Standing Instruction (GSI) issued on Monday last week by the Central Bank...

Ondo 2020: Akeredolu clinches APC governorship ticket with 2,458 votes

Koretimi Akintunde Jul 21, 2020

The Ondo State governor, Oluwarotimi Akeredolu, has emerged the candidate of the All Progressives Congress for the October 10 governorship...

Further relief for Lagos taxpayers as LIRS implements additional incentives

Chuks Oluigbo Jul 21, 2020

Lagos State Internal Revenue Service (LIRS) has commenced the implementation of additional reliefs and measures to further ease the impact...

Ismaila Isa Funtua, President Buhari's associate, is dead

Anthony Nlebem Jul 20, 2020

Ismaila Isa Funtua, a close associate of President Muhammadu Buhari, is dead after a brief illness, according to a family...

CBN mute on FX as MPC meeting underwhelms

Lolade Akinmurele Jul 20, 2020

The Central Bank of Nigeria (CBN) announced its monetary policy decisions on Monday without addressing the acute dollar shortages in its...

Highly awaited Oxford Covid Vaccine Study Shows Dual Immune Action

Lucky Nwanekwu Jul 20, 2020

A coronavirus vaccine the University of Oxford is developing with AstraZeneca Plc showed promising results in early human testing, a...

CBN’S N2.2trn CRR debits mean downward pressure on banks’ liquidity position

UPDATED: CBN considers up to 65% forbearance for bank customers

Hope Moses-Ashike Jul 20, 2020

The Central Bank of Nigeria (CBN) said on Monday that it would encourage banks to grant more forbearance to their...

CBN approves Nneka Onyeali-Ikpe as Fidelity Bank MD/CEO-designate

Iheanyi Nwachukwu Jul 20, 2020

Fidelity Bank plc has notified the Nigerian Stock Exchange (NSE) and the general public of the impending retirement of Nnamdi...

60% of NDDC contracts awarded to National Assembly members – Akpabio

Odinaka Anudu Jul 20, 2020

Minister of Niger Delta Affairs, Godswill Akpabio, on Monday, made stunning revelations while appearing before the House of Representatives Committee...

Not a single foreigner invested in Nigerian bonds in Q2

FG generates N362bn from 3 tranches of sukuk issuance

Onyinye Nwachukwu Jul 20, 2020

The federal government has so far raised some N362.557 billion from three tranches of Sovereign Sukuk, all of which are...

NDDC probe: Commission says Pondei went to Abuja against medical advice, been ill for weeks

Ignatius Chukwu Jul 20, 2020

The acting managing director of the Niger Delta Development Commission (NDDC), Kemebradikumo Daniel Pondei, who collapsed in the heat of...

UPDATED: In search of yields, investors drive three-fold jump in bond funds