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Russia declares interest in Nigeria’s steel sector
Russia has declared its interest in re-investing in the Nigerian steel sector.
Acting Minister of Mines and Steel Development,…
Naira remains stable, exchanges for N360/$1 at parallel market
The Naira on Friday remained stable at the parallel market in Lagos, exchanging at N360 to the dollar.
The Nigerian currency had…
FAAC deadlock: Your June salaries will be delayed, Adeosun tells Nigerian…
...Explains reasons for deadlock
The Minister for Finance, Mrs Kemi Adeosun, says the Federation Accounts Allocation Meeting…
AMCON identifies 350 Nigerians responsible for 80 per cent of its N5.4trn…
The Asset Management Corporation of Nigeria (AMCON), says that only 350 Nigerians are responsible for more than 80 per cent of the…
Rice smuggling: FG yet to issue official order to shut land border
Ten days after making a public pronouncement to shut the nation’s borders to curb rice smuggling through land borders,…
Again, FAAC meeting ends abruptly over distorted figures from NNPC
The Federation Accounts Allocation Committee (FAAC) meeting ended midway in Abuja on Wednesday night without sharing allocations…
Banks must seek Adeosun’s approval before lending to states –…
Investigations have shown that states will now have to depend on a formal approval by the Minister of Finance before their loan…
FAAN receives 17 vehicles recovered from ex-officials by ICPC
The Federal Airports Authority of Nigeria (FAAN) on Tuesday took possession of 17 vehicles that were recovered from former…
NCC stops MTN from acquiring Visafone
The Nigerian Communications Commission (NCC) on Monday halted moves by South African mobile giant MTN to acquire the only…
US cuts crude oil imports from Nigeria by 62 per cent
The United States cut its crude oil imports from Nigeria by 62.08 per cent to 3.92 million barrels in March, the lowest monthly…