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CBN debits four banks N5.87b over illegal repatriation deals with MTN
The Central Bank of Nigeria (CBN) on Thursday made good its threat to fine four banks that breached its capital importation policy…
NNPC, Chinese investors sign MoU to establish 10 biofuel plants in Nigeria
The Nigerian National Petroleum Corporation (NNPC) has signed a Memorandum of Understanding (MoU) in China with Nigerian-Chinese…
NNPC distances self from fake recruitment advertisement on social media
The Nigerian National Petroleum Corporation (NNPC) has disowned a recruitment advertisement purportedly by the corporation…
Ezekwesili blasts African leaders for embarking on ‘borrowing spree’ to…
A former vice-president of the World Bank’s Africa division and Nigerian former minister for education, Oby Ezekwesili, has…
December take-off date for Nigeria Air still feasible — NCAA
The Director General, Nigerian Civil Aviation Authority, Capt. Muhtar Usman, has said the proposed national carrier, Nigeria Air,…
FG demands fresh $2bn tax from MTN, as firm faults request
Despite last week’s heavy sanction in which South African telecoms giant, MTN Group, was ordered to refund a whopping $8…
Nigeria’s external debt rises by $11.77bn in three years
Nigeria’s external debt commitment rose by $11.77bn in the last three years, investigation has shown.
According to debt…
Manufacturing Index Expands for 17th Month to 57.1 per cent — CBN
For the 17th consecutive month, the Manufacturing Purchasing Managers’ Index (PMI) grew in the month of August 2018 to 57.1 index…
Sanctions: MTN fires back at CBN, denies involvement in illegal…
MTN Nigeria on Thursday refuted the claims by the Central Bank of Nigeria that it illegally, in collusion with four Nigerian banks…
Fed Govt, states debts increase to $22b – DMO
The Debt Management Office (DMO) on Wednesday put Nigeria’s external debt stock at $22 billion.
Out of the amount, the Federal…