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Why we withdrew $1.05b from NLNG account – NNPC
The Nigerian National Petroleum Corporation (NNPC) has explained why it withdrew $1.05billion from the Nigeria Liquefied Natural…
IMF predicts four cent growth for Lagos economy in 2019
Governor Akinwunmi Ambode on Wednesday said the economy of the state would grow by four per cent in 2019.
Ambode, who spoke at…
How Buhari’s govt wasted repatriated $322m Abacha loot on…
The Peoples Democratic Party (PDP) on Wednesday accused the President Muhammadu Buhari led Federal Government looting the recently…
NNPC spends N623.16bn on fuel subsidy in 11 months
Despite claims to the contrary, the Nigerian National Petroleum Corporation (NNPC) has reported to the Federation Account…
FIRS threatens to take over 30 companies for evading tax
The Federal Government has said it will take over 30 properties linked to companies that have not been paying taxes.
The Executive…
$8.1bn repatriation row: CBN ‘settles amicably’ with MTN,…
The Central Bank of Nigeria (CBN) has asked MTN Nigeria to pay $52.6m in settlement of the $8.1bn foreign exchange repatriation…
We won’t prosecute multiple accounts holders – SEC
Nigerians have once again been enjoined not to entertain any fears of prosecution but take steps to regularize their multiple…
FAAC raises disbursements to states by 36 per cent
Disbursements to states from Federation Account Allocation Committee (FAAC) rose 36 per cent this year to N8.52 trillion, a report…
Lending rates to fall as N1.4tr hits market this week
The interbank lending rate is expected to decline this week as a result of the huge amount of liquidity hitting the market.
A…
Release our client’s 1bn cash, employees now, Bankers Warehouse tells…
The management of Bankers Warehouse on Sunday urged the Economic and Financial Crimes Commission (EFCC) to release the $2.8…