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Why we earmarked N4.9bn for Aso Rock electrical maintenance – DG Budget
The Federal government has explained why it earmarked N4.9 billion for annual electrical maintenance in the Presidential Villa, Aso Rock....

CBN, NNPC, others face Senate probe over fuel subsidy
The Senate Committee Chairman, Public Accounts, Senator Mathew Urhoghide has disclosed that his Committee has concluded arrangements to...

NPA gives Atiku, Tinubu’s Intels two weeks to pay $48m
The face-off between the Nigerian Ports Authority (NPA) and Intels Nigeria Limited (Intels), a company co-owned by former vice president,...

Nigerian Senate to clampdown on Bit-coin, ponzi scheme operators
The Senate of the federal republic of Nigeria has expressed great concern over the widespread usage of Bit-coin, a form of...

BOI has committed N20b to SMIs expansion in Oyo – Managing Director, Olukayode Pitan
The Managing Director, Bank of Industry, Mr. Olukayode Pitan has revealed that the Bank has disbursed about N18b out of the N20b...

CBN injects $55m for Nigerians needing Forex for travel, tuition, medical fees
The Central Bank of Nigeria (CBN) on Monday injected the sum of $55m into the economy for Nigerians requiring foreign exchange (Forex)...

CBN ‘removes’ 36 items from forex ban list
The Central Bank of Nigeria (CBN) has reportedly removed 36 sub-items from the list of items banned from accessing forex from its window...

Nigerian govt suspends senior tax officials
Nigerian Government says it has begun investigation into over 200 whistleblowing tips on tax officials and taxpayers which involves under...

Naira exchanges at N361 per Dollar as CBN injects $304.4m into Forex market
The Naira on Friday exchanged for N361 to a dollar in the Bureau de Change segment of the market. This iss as Central Bank of Nigeria...

U.S official backs weak dollar amid fears of trade war
United States Treasury Secretary, Steven Mnuchin welcomed a weaker dollar, sending the greenback reeling and underlining concerns that...

Oil rises towards $80 on US crude inventory drop, weaker dollar
Oil prices on Thursday hit their highest since December, 2014, pushed up after U.S. crude inventories posted a 10th straight week of...

Pre-ICO of mCoin (MCN), first Cryptocurrency accessible without the internet is now live
LONDON, UK – ONEm Communication Ltd is proud to announce that pre ICO of mCoin (MCN), is now live! mCoin is a cryptocurrency, based on...

Keystone Bank allegedly in $141m Liquefied Natural Gas scandal
The Nigerian Senate has allegedly discovered a rip-off of $141 million gas scandal involving the Nigeria National Petroleum Corporation...

CBN injects $210m into forex market
The Central Bank of Nigeria (CBN) has boosted the inter-bank foreign exchange market with $210 million. According to a statement on...

Shoprite operator in Nigeria ordered to pay $10m for breach of contract
The Lagos State High Court in Ikeja has ordered Shoprite Checkers Limited, operator of Shoprite outlets in Nigeria, to pay A.I.C. Limited...

Why CBN’s January monetary policy meeting was cancelled – Emefiele
The Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has announced the cancellation of the apex bank’s Monetary Policy...

ALSCON: FG signs renewed share purchase agreement with UC Rusal, legal tussle with BGI group over
The Federal Government has given official recognition to Messrs UC Rusal, a Russian Company, as the core investor of the Aluminium...

Presidency, some MDAs rejecting AGF audit – Senate
Nigeria Senate has alleged that the Presidency and Ministries and Parastatals were in violation of the provisions of constitution and...

‎Enugu Revenue Board targets N30 billion IGR to fund 2018 Budget
The Enugu State Internal Revenue Service has appealed to individuals, institutions and other corporate tax payers in the state to...
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