Osinbajo Puntures CBN Over ban on Cryptocurrency Vice President, Professor Yemi Osinbajo has said that cryptocurrencies should  be regulated as opposed to the ban by the Central Bank of Nigeria(CBN). Professor Osinbajo who spoke at the CBN Bankers’ Forum  Friday, VP...

MAP Scheme Deploys 611,231 Meters to Electricity consumers A total of 611,231 meters have been deployed as at January 31, 2021 under the Meter Asset Provider initiative since its full operation despite the COVID-19 pandemic and other extraneous factors, the...

Nigeria Spent $10.7tn  on fuel subsidy in 10 years – MOMAN Nigeria spent a total of N10.7tn on fuel subsidy in the last 10 years, the Chairman, Major Oil Marketers Association of Nigeria, Mr Adetunji Oyebanji, has said. Oyebanji, who was...

We Won’t Stop Borrowing Despite N32.9tn Debt-FG Notwithstanding Nigeria owing $86.39 billion (N32.9 trillion) to external creditors, the nation will continue to borrow to finance infrastructural development, the Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, said yesterday. She...

FG Plans to Hire Asset Manager for N15tn Infraco Fund The federal government plans to hire an asset manager for its new Infrastructure Development Company (Infraco), designed to raise as much as N15 trillion ($36.7 billion) for infrastructural projects and...

Nigeria’s Bonny Light hits $65.36pb, as OPEC+ Considers oil production Raise Nigeria’s grade of crude oil, Bonny Light, has on Thursday witnessed a marginal rise of $1.63 cent, or 2.56 percent rise to $65.36 per barrel from the previous day,...