CBN Retains Monetary Policy Rate At 11.5 Percent   The Monetary Policy Committee (MPC) has decided by a vote of six members against four to retain all monetary instruments around the Monetary Policy Rate at 11.5 per cent. The apex bank held...

Nine Banks Total Assets Reached N56.4trn In 2021   With the growth recorded in loans & advances and customers’ deposit reaching a new high, a total of nine banks operating in Nigeria reported total assets of N56.4 trillion in the 2021...

Queue For Fuel Persists Despite 1.824bn Litres Supply   The queues by motorists for Premium Motor Spirit, popularly called petrol, particularly in Abuja and northern states have refused to clear despite the supply of about 1.824 billion litres of PMS by...

'Nigeria Loses N150bn To Fake Battery Products'   The Chief Executive Officer, Emilinks Nigeria Limited, Mr Solomon Nwadiogbu, has said Nigeria loses about N150bn every year to fake battery products. Nwadiogbu disclosed this during a press briefing. He added that fake battery...

Audit Queries: Reps Write Kyari, Summon 17 NNPC Subsidiaries   The House of Representatives’ Committee on Public Accounts has written to the Group Managing Director of the defunct Nigerian National Petroleum Corporation, now Nigerian National Petroleum Company Limited, Mr Mele Kyari,...

Nigerian varsities and vaccine production, By Rahma O. Oladosu   Since late 2019 when the killer pandemic of Coronavirus was discovered in the Chinese industrial city of Wuhan, the world has known no peace, but rancorous bedlam. The statistics of persons across...