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Diamond Bank profit after tax declines by 77.6 per cent in second quarter
Diamond Bank Plc has released its unaudited financial statements for the period ended June 30, 2018.
During the period, the…
MYTO: Electricity tariff rises by 142% in ten years
Even with N123 billion Nigerian Electricity Market Stabilization Fund (NEMSF) provided by the Federal Government as a subsidy to…
CBN releases $340m, CNY69m into forex market
The Central Bank of Nigeria (CBN), on Friday, provided 340 million dollars and 69 million Chinese Yuan (CNY) to customers seeking…
FG approves 10-year validity period for passports
The Federal Government has approved a 10-year validity period for Nigerian passports.
This followed a presidential approval to…
Ignore pressure to sign-on to AfCFTA agreement – MAN advises FG
The Manufacturers Association of Nigeria (MAN) has urged the Federal Government to ignore pressure from certain quarters in the…
Public servants must fly Nigerian carriers – FG
In order to make indigenous airlines viable, the Federal Government on Tuesday announced that it had commenced moves that would…
Katsina refinery ready in 2021 – Minister
The Minister of State for Petroleum Resources, Ibe Kachikwu says the approved private sector driven Refinery in Mashi, Katsina…
MPC retains lending rate at 14%, cautions FG on 2019 election spending
The Monetary Policy Committee (MPC) has retained the Monetary Policy Rate at 14 per cent, to combat inflation due to foreseen…
Nigeria’s inflation drops to 11.23 % in June – NBS
The National Bureau of Statistics (NBS) says the Consumer Price Index (CPI), which measured inflation for June, decreased to 11.23…
MPC members meets today, might protect capital inflow, keep rates
Indications emerged that the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), which will be meeting today and…