The Bank of Industry has said its loan exposure to enterprises owned and promoted by women has hit N13bn, noting that plans are underway to improve access of related businesses to developmental financing.
It said this in a statement, adding...
The Central Bank of Nigeria on Thursday said it would on Friday release the sum of $100m to authorised dealers to meet the requests of genuine customers in the interbank segment of the foreign exchange market.
The release of the...
A Federal High Court in Abuja has discharged its interim forfeiture order on the controversial Oil Prospecting Licence 245, an oil block which is at the centre of the $1.2bn Malabu oil scam.
Justice John Tsoho lifted the order of...
The Nigeria Extractive Transparency Initiative, NEITI, yesterday, raised an alarm over the rising debt profiles of states in the country, stating that the 36 states of the Federation are indebted to the tune of N3.342 trillion as at the...
In a country of about 180 million people, only 214 individuals pay their taxes, Federal government lamented on Thursday. It also regretted that many multinational companies evaded tax payments. The government also expressed concerned over the growing rate and...
The World Bank Group says Nigeria will soon recover from economic recession. Mrs Eme Essien-Lore, Country Manager in Nigeria, International Finance Corporation, a member of the group, made the observation in an interview with journalsits in Lagos on Thursday.
”In...
