In Six Months, NNPC Remitted $2.7bn To Accounts With CBN   The Nigerian National Petroleum Company Limited remitted a total of N2.7bn into its accounts with the Central Bank of Nigeria from January to June this year, a document on NNPC...

$600m Blocked Funds: Foreign Airlines May Cut Flights   Many foreign airlines are considering further drastic steps to mitigate the effects of blocked funds in Nigeria. The options, according to a highly placed source, include outright stoppage of flights to Nigeria, reduction...

Pension Assets Rise By N842.73bn In H1, 2022 Assets under the Contributory Pension Scheme rose by N842.73bn in the first half of 2022 to hit N14.27tn as of the end of June. Figures obtained from the National Pension Commission on its...

ECHONO: Repositioning TETFUND Towards Achieving Results, by Abubakar Yusuf The Tertiary Institution Trust Fund, TETFUND, was established to mitigate both academic and infrastructure development of tertiary education in Nigeria, along with funding for research and other basic needs in Nigeria. The...

Diesel hike and its impact on Nigeria's Telcom Industry, by Umar Farouk Ahmad   Nigeria is currently selling diesel at N850/liter ($1.616) which is above the average price of diesel per liter ($1.4) sold across the world. Despite Nigeria being the 14th...

FOREX: CBN Allays Fears of Nigerians   ABUJA – In the face of rising demand for foreign exchange for both goods and services by Nigerians, the Central Bank of Nigeria (CBN) has advised Nigerians to resist the urge of succumbing to...