Banks Cut Borrowing From CBN By 47%   Banks’ borrowing from the Central Bank of Nigeria, CBN, fell for the second consecutive month in February, by 47 percent to N666 billion, driven by further improvement in the level of liquidity in...

Queues Lessen As NNPC Releases Additional 381.8 million Litres Of Fuel   The scarcity of Premium Motor Spirit, popularly called petrol, has refused to abate despite claims by the Nigerian National Petroleum Company Limited (NNPC) that it has been releasing hundreds...

Ukraine-Russia: Nigeria, Others May Face Commodity Supply Disruptions - IMF   The International Monetary Fund (IMF) says countries that have very close economic links with Ukraine and Russia are at particular risk of scarcity and supply disruptions. It added that poor households...

Naira Remains Under Pressure Despite Increase In Forex Reserves   The naira remained under pressure across official and parallel markets despite continuing increase in Nigeria’s foreign exchange (forex) reserves. The naira depreciated by 0.2 per cent at the official Investors and Exporters...

Sonny Echono: TETund's New Numero Uno, by Rahma Olamide Oladosu   The Tertiary Education Trust Fund (TETFund), an intervention agency set up by the Federal Government to provide supplementary support to all levels of public tertiary institutions, has in the last...

NDLEA Recovers 294, 440 Tramadol Tabs in Delta, Bauchi .... Arrests 41 Suspects in Kaduna, Abuja Raids; Seizes 38,862 Cartridges in Anambra   Operatives of the National Drug Law Enforcement Agency (NDLEA) have intercepted no fewer than 294, 440 tablets of Tramadol,...