CBN to Banks: Transfer Funds in Dormant Account to Trust Fund   The Central Bank of Nigeria has proposed that banks should transfer funds in accounts that have been dormant for up to 10 years into a trust fund account. This is...

Petrol Subsidy Is Emotive, Financing For Development Is Rational, by Salisu Na'inna Dambatta   That the sum of USD 800 million (about N386 billion) borrowed by the Federal Government through the World Bank would be used to cushion the initial potential...

Why Former Auditor-General, Ododo, Ticks all the Boxes as Yahaya Bello's Successor, by Ozumi Abdul   Nigerians are currently experiencing what I would like to call a "political breather," smarting from the just-concluded 2023 general elections. But electorate in The Confluence...

Managing Nigeria's Debt Burden: An Agenda for Incoming Administration, by Zeenat Sambo   Over the past few decades, Nigeria has experienced significant economic growth and development, but it has also experienced a growing debt burden, which has been a major concern...

IMF, World Bank Request Rich Nations to Fill $1.6bn Concessional Lending Gap   International Monetary Fund (IMF) and World Bank have appealed to wealthier countries to help plug a $1.6 billion gap in a concessional loan disbursed to low-income countries during the rampaging...

KLT Command Rakes in N10.572bn in Q1   Kirikiri Lighter Terminal (KLT) command of the Nigeria Customs Service says it generated the sum of NI0.572 billion in revenue between January and March 2023, which represents 76.87 per cent of its expected...