The Minister of Industry, Trade and Investment, Mr. Okey Enelamah, has reiterated the Federal Government’s commitment to ending the current economic recession through strategic policies aimed at driving partnership between government and the private sector. This, according to him, will...

About four months after it disengaged about 200 of its workers, Skye Bank Plc has retrenched about 50 members of staff, including those in outsourced and auxiliary functions. Although the number of the affected non-core employees could not be ascertained...

President Muhammadu Buhari last week wrote the National Assembly seeking approval to borrow $29.96 billion under the External Borrowing (Rolling) Plan to address the infrastructure deficit in the health, education, water resources and other sectors. The president’s letter, which was...

The Central Bank of Nigeria has warned Nigerians against patronising what it called ‘wonder banks’, stating that their activities were not regulated by it. The Head, Consumer Protection Department, CBN, Hajiya Kadija Kassim, stated this during a mentoring programme for...

The Federal Government has sidelined the Bureau of Public Enterprises in the process of giving out key assets and infrastructure in several critical sectors of the economy, including aviation, petroleum and railways to private operators as concessions. Investigation by our...

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has inaugurated a committee to review the parameters for charging the three percent freight benchmark currently collected by the Agency saying that the vision...