The federal government yesterday endorsed plans to borrow the sum of N48.6 ($300 million) from the world bank via the international development association to establish a mortgage refinance company (MRC) and three others to handle access to housing finance...

The Nigeria Customs Service (NCS) yesterday disclosed that certain government policies and bilateral agreements led to a revenue loss of N603.2billion for the country in 2013. Speaking during a joint senate committee public hearing on revenue collection and remittance in...

Eleven Deposit Money Banks had so far disbursed the sum of N109.3bn to 20 companies from the N300bn Power and Airlines Intervention Fund provided by the Central Bank of Nigeria in 2010, the Governor, CBN, Mr. Lamido Sanusi, said...

Nigeria and Singapore have sealed deals on opening up air links between both countries. They have also agreed to collaborate in areas such as medical tourism, capacity development, skills acquisition and enterprise development, among others. The agreements were reached at a meeting...

Total assets under the Contributory Pension Scheme (CPS) have reached an all-time high of N3.72 trillion, the acting Director General of the National Pension Commission (PenCom) Mrs Chinelo Anohu-Amazu, has said. This is as total contributors to the scheme also...

The Chairman of Transnational Corporation of Nigeria (Transcorp), Mr. Tony Elumelu has restated the commitment of his  pan-African proprietary investment company to invest $2.5 billion to the power sector. Speaking at the weekend after he was handed over the Ughelli...