Discos flay plans to escrow their accounts The Nigerian Electricity Regulatory Commission (NERC), is set to release a minimum recapitalisation level required to be met by core investors in the power sector. NERC identified capital adequacy as a major issue in...

When the Federal Government gave its nod for the establishment of the Development Bank of Nigeria (DBN), the reasons were legion, but most important of all was the tight conditions attached to getting credit facilities by the existing development...

In line with the federal government’s mission to reflate economic activities in the country, the Federal Government had earlier disbursed a special intervention fund totaling N338 billion to 27 states in the country which was a step taken to...

… Facilitates Creations of 21 Additional State Emergency Agencies The outgoing Director General of the National Emergency Management Agency(NEMA), Alhaji Muhammad Sani Sidi has said that during six-year tenure, the agency established eight operational offices and facilitated creations of 21...

Central Bank of Nigeria, CBN, has reaffirm its determination to sustain the resurgence of the Naira via continuous provision of foreign exchange to ensure Naira gains further strength as well as been available to end users. This is as...

Nigerians are worried over lack of frugality and sense of imprudence demonstrated by a good number of the state governors in utilization of the Paris-Club loan refund. Analysts have described the controversy as affront and therefore, called upon President...