Deposit Money Banks’ (DMBs) commitment of over- N3trillion in the energy sub-sector is discouraging the financial institutions from further financing of energy and power projects, The Nation has learnt Energy Market and Rates Consultants Country Director, Mrs. Rahila Thomas, said...

The delivery of 360 exotic cars to members of the House of Representatives has begun amid the economic downturn in the country. Investigations by The PUNCH revealed on Sunday that 28 units of the Peugeot 508 series had already been...

• Urges public to reject inefficiency • ‘Delay in funds transfer, system failure not acceptable’ The Central Bank of Nigeria (CBN) has warned the nation’s banks against poor services, asking them to shape up or close shop.The caution followed a series...

The federal government has deployed about N1billion for the rehabilitation of the Nnamdi Azikiwe International Airport runway. Already, the Minister of State, Aviation, Senator Hadi Sirika has set up a committee to overseas the restoration work. The Federal Airports Authority of...

Despite last week’s raid and arrest of some licensed currency dealers who were said to be selling foreign exchange (FX) above the prescribed limit, the naira appreciated on both the interbank and parallel segments of the market. Precisely, on the...

•Finance ministry says it’s unaware of payments The Speaker of the House of Representatives, Hon. Yakubu Dogara, has disclosed that the federal government will refund about N20 billion to each state for funds they had spent on federal projects in...