The House of Representatives Adhoc Committee on $17 billion stolen from undeclared crude oil and liquefied natural gas from Nigeria, yesterday, walked out officials of Central Bank of Nigeria, CBN; National Petroleum Development Corporation, NPDC, and Department of Petroleum...
Further pressure is coming on Nigeria’s banks following moves by the National Assembly to mop up an estimated N3 trillion from dormant accounts of living and dead persons in the banking system.
Under ongoing moves in the Senate, the funds...
Nigeria Labour Congress, NLC, Ayuba Wabba said private and public employers in the country were convinced that the N18,000 national minimum wage was no longer realistic, considering the present socio-economic indices in the country.
His statement came a few days...
Cost of funds rose significantly in the interbank money market last week following series of liquidity outflow which caused market liquidity to fall by 26 per cent to N96 billion, week-on-week (WoW).
During the week, the interbank money market experienced...
The Federal Government has been called upon to review the ban on the 41 items excluded from the import list, “as the policy has negative implications for commercial activities at the nation’s ports.”
The spokesman, Seaport Terminal Operators Association of...
President Muhammadu Buhari is not satisfied with the way some corruption-related cases are being handled by relevant government agencies since the inception of his administration.
The President, it was further learnt, had therefore directed the heads of the agencies to...
