Senate Approves Restructuring Of FG’s N22.7trn Unbudgeted Loans From CBN   The Senate yesterday approved the request of President Muhammadu Buhari to restructure the N22.7 trillion Ways and Means loan advanced to the Federal Government by the Central Bank of Nigeria...

Fed Govt To Build Another Seaport In 2026 – NPA   The Federal Government is planning to set up another deep seaport in the next three to four years, the Nigerian Ports Authority has disclosed. The Managing Director of NPA, Muhammad Bello-Koko,...

NGX Group Earns N412m In Q1, 2023   For the period ended March 31, 2023, the Nigerian Exchange Group Plc (NGX Group) has achieved a Profit Before income Tax (PBT) of ₦412.2 million against ₦339.2 million recorded in the corresponding period...

World Bank Board Elects Ajay Banga As President   The World Bank’s board of governors yesterday elected former Mastercard CEO, Ajay Banga, to a five-year term as president, ushering in an Indian-born finance and development expert to revamp the lender to...

Food Prices Still On The Rise In Nigerian Markets — NBS   The National Bureau of Statistics (NBS)said that prices of food items such as yam, beans and beef witnessed increases in March. This is contained in NBS Selected Food Prices Watch...

CBN To Audit e-Payment System, Watchlists 572 Bank Customers   The Central Bank of Nigeria (CBN) yesterday, said it will soon audit the nation’s payment system in order to cope with future growth in electronic banking transactions. The audit follows the challenges...