BUSINESS
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Court to hear Contempt Proceedings against CBN Chief on June 13
An FCT High Court in Kubwa has fixed June 13, to hear contempt proceedings against the CBN Governor, Godwin Emefiele,…
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NSE all-share index rises 0.85% as Bellwether stocks lift market
The stock market closed higher yesterday, as bellwether stocks lifted the Nigerian Stock Exchange (NSE) All-Share Index by 0.85 per…
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FG commences oil spillage monitoring across Nigeria
The Federal Government, on April 15, said that it has started tracking and monitoring gas flaring and oil spillage across…
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Inflation drops again to 11.25% in March 2019
National Bureau of Statistics (NBS) says consumer price index, (CPI) which measures inflation increased by 11.25 per cent (year-on-year) in…
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NNPC reduces cash call debts to IOCs by $1.5bn
The Nigerian National Petroleum Corporation, NNPC, yesterday said it has reduced cash call arrears owed to international oil companies, its…
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Internet users hit 114.7m in February – NCC
The Nigerian Communications Commission (NCC) says internet users in Nigeria increased marginally to more than 114,752,357 million in February 2019.
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Heritage Bank takes over Hip TV over Indebtedness
Indications have emerged that Heritage Bank Plc yesterday on an order of Federal High Court Ikoyi Division seized the property…
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IMF doubts Nigeria’s ability to repay N24.39 trillion debt
The International Monetary Fund (IMF) has expressed worry over Nigeria’s ability to repay its foreign debt which had continued to…
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World Bank to help 10,000 farmers in Kaduna
No fewer than 10,000 small holder farmers in Kaduna State are to benefit from the World Bank Agro-Processing, Productivity Enhancement…
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Development bank disburses N31 billion to MSMEs
Development Bank of Nigeria (DBN) has disbursed N31 billion to Micro Small and Medium Enterprises (MSMEs) in the country in…
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