Growing public anger, bitterness and animosity against the poor handling of security matters by President Muhammadu Buhari’s administration took a turn for the worse on Wednesday with display of open hostility and booing of the president by residents of Maiduguri, Borno State in Nigeria’s...
Lagos State government on Wednesday leaped forward in its quest to bridge the state infrastructure gap, as it signed the N100.33 billion infrastructure bond to be sourced from capital market to fund infrastructure and pressing capital projects.
At a signing ceremony held at the Banquet Hall at...
Without the land border closure which fanned inflation, the Central Bank of Nigeria (CBN) may not have been inclined to tighten credit.
But the apex bank has had to do just that, as curtailing excess liquidity has become necessary in taming inflation which has been on the rise …
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Nigerian pensioners will be lending to the government at an interest rate well below inflation rate if the Federal government does dip its hands into pension funds.
At the end of the National Economic Council (NEC) meeting last week, the council disclosed that the Federal Government had...
The Economic and and Financial Crimes Commission (EFCC) has denied the reported arrest of the Group Managing Director of Access Bank Nigeria Limited, Herbert Wigwe.
Acting Head of Media and Publicity of the EFCC, Tony Orilade.....
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Investors on the Nigerian stock exchange (NSE) market responded positively to Unity bank’s clarification on N7 billion allegations levy against it by the special presidential investigation panel.....
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Businesses are at risk of being sold more counterfeit print supplies than ever before, as global economies lose as much as $3 billion yearly to counterfeit products, according to...
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Nine years after it was passed into law, the Nigerian Oil and Gas Industry Content Development Act has recorded some significant achievements and its regulator, the Nigerian Content Development and....
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President Muhammadu Buhari’s decision to reduce government stake in Joint Venture (JV) assets to 40 percent in 2019 may help the treasury rake in as much as $34 billion in revenue in....
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The Mahmood Yakubu-led Independent National Electoral Commission (INEC) in the last three-and-half years in the saddle suspended and declared 68 elections inconclusive, BDSUNDAY investigations show.....
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The age of entrepreneurial capitalism saw a simultaneous growth in capital and inequality as well as poverty everywhere. These super-wealthy entrepreneurs, concerned as they....
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As moves to establish open banking API standards in Nigeria intensifies, PwC Nigeria, Heritage Bank and Global Accelerex have joined the list of companies who are currently supporting Open Banking Nigeria (OBN). In separate announcements....
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The President of the Nigerian Bar Association, Paul Usoro, SAN was on Tuesday granted bail when he appeared before the Hon. Justice Muslim Hassan of the Federal High Court in relation to the.....
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Though still above regulatory threshold of five percent, the Non-Performing Loans (NPLs) ratio of the Nigerian deposit money banks, which had risen to 14.70 per cent in August 2018 has declined to 14.05 per cent in October which signals an improvement......
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Manufacturers could embark on job cuts next year in order to protect slim margins as they increasingly find it harder to pass costs onto consumers already distressed following constantly falling disposable income. This is because in a period of prolonged low demand in an economy ....
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The Central Bank of Nigeria’s (CBN) move to open the banking system to non-financial companies and register mobile money operators could be the biggest innovation.....
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Nigeria is currently ranked 187 out of 191 countries in the world’s health systems, according to the World Health Organisation.....
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