Former Petroleum Minister, Diezani, Charged to Court over Bribery Allegations
Former Minister of Petroleum Resources, Diezani Alison-Madueke, appeared before a UK Court on Monday.
The ex-minister, who was charged with receiving bribes in the form of cash, luxury goods, flights on...
BUA Reduces Cement Price To N3,500 Per Bag
BUA Group has announced a reduction of ex-factory cement price to N3,500 per bag. The current ex-factory price is N4,650, while it is being sold.
The current ex-factory price is N4,650, while it...
CBN Generates N532.5bn From Treasury Bills Sales
The Central Bank of Nigeria (CBN) conducted three rounds of Nigerian Treasury Bills (NTBs) auctions worth N532.5 billion in September, analysis of the primary market auction sheets showed.
The breakdown showed offer of N203.2...
How Increased Exports Will Strengthen Naira – NEPC Boss
The Executive Director of the Nigerian Export Promotion Council (NEPC) Dr Ezra Yakusak, said increased exports would stop the free fall of the naira against the dollar and also improve the...
11 Banks’ Non-performing Loans Hit N1.67trn
Following write-offs, restructuring of facilities, Global Standing Instruction (GSI) and credit risk management as a result of economic challenges, a total of 11 banks recorded N1.67 trillion non-performing loans (NPL) during the first half...
In Three Years, FG Increased Price of Meters By 145%
The federal government, through the Nigerian Electricity Regulatory Commission (NERC), increased the price of single-phase and three-phase pre-paid twice between 2021 and 2023 jerking up their prices by 83 per...
