Business & Economy
Emefiele: Witness confirms $6.2m payment for foreign election observers
A Deputy Director in charge of Branch Operations in the Central Bank of Nigeria, Onyeka Ogbu, on Monday, told a Federal Capital Territory ...
Business & Economy
256 MDAs violated regulations, spent over N284bn without approval – OAuGF
The Office of the Auditor General of the Federation has indicted about 256 Ministries, Departments and Agencies of the Federal Government for violating ...
Business & Economy
Nigeria needs new money to survive current economic downturn — Rewane
Renowned economist Bismarck Rewane said Nigeria needs new money to survive the current economic downturn. Rewani stated this in an interview on Channels ...
Business & Economy
We’re worried by rising living costs, Niger, Kano protests – FG
The Federal Government has expressed worry over the rising prices of food and commodities in the country, which led to protests in Niger ...
Business & Economy
Naira’s fall: CBN moves against banks for hoarding $5billion
Apex bank deploys monitors in DMBs to enforce compliance with extant rules The Central Bank of Nigeria (CBN) hit the nail on the ...
Business & Economy
Budget: Lagos to invest N550.6bn on infrastructure in 2024
Lagos State Government yesterday disclosed that in 2024 fiscal year, N550.689bn will be expended to develop and maintain its infrastructure. The sum represents ...
Business & Economy
Naira falls to N1,490/$ in parallel market
THE naira yesterday depreciated to N1,490 per dollar in the parallel market from N1,470 per dollar on Tuesday, approaching the N1,500 threshold. However, ...
Business & Economy
Nigeria’s corruption index rises in 2023 CPI, says CISLAC/TI
Nigeria’s Budget Proposal Filled With D Nigeria scored 25 out of 100 points in the 2023 Corruption Perception Index (CPI), compared to 24 ...
Business & Economy
1,500 redeployed CBN staff resume at Lagos office
At least 1,500 members of staff of the Central Bank of Nigeria will on Friday resume at its Lagos office following their redeployment ...
Business & Economy
Tinubu Meets Chevron Executives, Hails Company’s Ongoing $1.4bn Drilling Project With NNPC
According to President Bola Tinubu, his administration would keep implementing the necessary interventions in the oil and gas sector following the terms of ...