Buhari Appoints Chief Economic Adviser   President Muhammadu Buhari has approved the appointment of Chief Doyin Salami as Chief Economic Adviser to the President (CEAP). The president’s spokesman, Mr Femi Adesina, confirmed the development in a statement on Tuesday. Salami, 59, Chairman of...

Nigeria’s Debt Vulnerable, costly - W/Bank   The World Bank has disclosed that Nigeria’s debt, which may be considered sustainable for now, is vulnerable and costly. According to the Washington-based global financial institution, the country’s debt is also at risk of becoming...

N188.64bn Generated At Onne Port In 2021 - Customs   The Area ll Command of the Nigeria Customs Service in Onne Port has said it collected N188.64bn from January to December 2021 in revenues, compared to the N69.68bn it generated in...

CBN, SEC, Others To Lift Financial Sector With Fresh N1.54trn Investment     Federal Government Ministries, Departments and Agencies, especially financial services regulators are to invest N1.54tn in five years to boost liquidity in the financial services sector. According to the Federal Government...

Discos Remit Only N265.03bn of N519.77bn Invoices To NBET In Six Months   Electricity Distribution Companies (Discos) only managed to remit N265.03 billion of the expected N519.77 billion to the Nigerian Bulk Electricity Trading Company (NBET) in the first six months...

Oil Price Increases As OPEC Projects Slow Growth In 2022   The price of Brent, the crude against which Nigeria’s oil is priced, increased marginally on Monday as the Organisation of Petroleum Exporting Countries projected a slow growth momentum in terms...