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Business
FG, States, LGs share N741.84b revenue in August
The federal, states and local governments on Wednesday shared a total of N741.84 billion revenue in August. The revenue generated…
CBN to revoke operating licences of 154 microfinance banks, 28 others
The Central Bank of Nigeria(CBN) on Wednesday gave a notification to revoke the operating licences of 182 other financial…
Nigeria’s foreign reserves drop to $44.8b
...as analysts fault CBN's weekly defend of the naira
Sequel to its almost weekly defend of the naira against the dollar and…
North Eastern states in total blackout as power supply dips to 2006MW
The power supply from the Nigeria Electricity Supply Industry ( NESI ) at the weekend dropped to 83,570.30mwh (2006mw), according…
Buhari approves payment of N22bn to Nigerian Airways retirees
The Federal Government has approved the sum of N22.68bn for the payment of retirement benefits to former workers of liquidated…
Why Rivers displaced Lagos as top investment destination in Nigeria –…
Governor Nyesom Wike of he Rivers State on Saturday explained why his state displaced Lagos State as the top investment…
Rivers displaces Lagos as top investment destination in Nigeria
Rivers State dislodged Lagos State as the number one foreign investment destination in Nigeria in the first half of 2018,according…
NSE suspends trading on Skye Bank shares as Polaris Bank takes over
The Nigerian Stock Exchange (NSE) on Friday officially notified the investing public that Skye Bank Plc shares would be suspended…
CBN injects N786bn into former Skye Bank, changes name to Polaris Bank
A new Bank, Polaris Bank has been licensed to assume ownership of the assets, all deposit liabilities and some other liabilities…
FG stops levy paid by Nigerians with dual citizenship at airports
The Federal Government has directed the Nigeria Immigration Service, to with immediate effect, put an end to the payment of fines…