Subsidy Regime: Curse or Blessing to Nigeria?, by Sani Danaudi Mohammed     When nations, countries, states, local governments and communities fail to take right decisions for fear of resistance from the governed, their future is bleak. They become vulnerable to a...

Banks’ Borrowing From CBN Rises To N24.53trn In 11 Months     The scarcity of liquidity has forced banks and merchant banks to aggressively depend more on the Central Bank of Nigeria (CBN) for short-term liquidity needs, leading to N24.53 trillion borrowing...

Some Registrars Unwilling To Release Unclaimed Dividends – SEC Boss     The Director-General of the Securities and Exchange Commission, Lamido Yuguda, has said some registrars are unwilling to release shareholders’ unclaimed dividends in their custody. Yuguda said the registrars had employed several...

Mushroom Growers Seek Inclusion In CBN Programme, Target $45.3bn Market     The National Mushroom Growers, Processors and Marketers Association of Nigeria has called on the governments to address challenges hindering growth in the mushroom subsector in the country. This, it said, would...

Retirees Rise By 27%, Collect N890bn From Govts, Private Sector     The total number of retirees under the Contributory Pension Scheme has risen by 27 per cent in two years, data obtained by our correspondent have shown. Specifically, the total number of...

In 7 Months, CBN Sold $867.68m Forex To SMEs     The Central Bank of Nigeria, CBN, has raised the volume of foreign exchange sales to the Small and Medium Enterprises (SMEs) category businesses by 31 percent in the first seven months...