Nigeria’s dream of becoming self-sufficient in sugar production will soon be realised, with the signing of a Memorandum of Understanding, […]
Category: Business & Economy
Adeosun Tightens the Noose On Treasury looters
Kemi Adeosun, minister of Finance, believes high level corruption is endemic in Nigeria because it is too easy for people […]
Zenith Bank Rakes In $2.1 Billion From Successful Eurobond
Call it a test of the bank’s strength and you might just be right. Zenith Bank Plc’s Eurobond 2022 was […]
FIRS Launches Six Online Tax Solutions
The federal government will soon be awash with cash, thanks to the Federal Inland Revenue Service, FIRS, which has introduced […]
Why Senate Will Invite Emefiele and Banks’ CEOs This Week
Rising concerns over high interest rates, which hover around 28 and 29 per cent, have prompted the Senate to invite […]
Naira Appreciates To 374 To The Dollar
The naira was on the upward trajectory as appreciated to 374 per United States, US, dollar Thursday as against 382 […]
CBN Boosts Forex Market With $482.6 Million
The Central Bank of Nigeria, CBN, has once again intervened in the inter-bank market to the tune of $482.6 million, […]
Dangote To Invest $1Billon In Rice Production
Aliko Dangote, president of Dangote Group, has invested huge resources in many sectors of the Nigerian economy. Yet his apettite […]
Reprieve For Nigeria As OPEC Grants Exemption From oil output cut
The recovery of Nigeria from recession has been given a further boost by the Organisation of Petroleum Exporting Countries, OPEC. […]
Senate Passes PIB, Scraps NNPC
After a prolonged drama and heightened expectations, the Petroleum Industry Bill, PIB, was eventually passed yesterday. But only a part […]