The Senate of the Federal Republic of Nigeria has warned the Nigerian Customs Service (NCS) from collecting duties on old vehicles. In its resolution, the Senate said that Customs should drop the proposed move until its Comptroller-General, Hameed Ali appeared...

Forex: In continuation of its resolve to ease the challenge of access to foreign exchange, the Central Bank of Nigeria (CBN) has further injected another sum of $100m into the interbank foreign exchange market, while Operators of Bureau de...

The Board of Directors of Eni(Nigeria Agip Exploration Limited) yesterday said the transactions which resulted in the auctioning of $1,616,690,656.78 Malabu oil block were not fraudulent. The oil firm said it based its position on the outcome of forensic investigations...

The Federal High Court in Abuja and the Central Bank of Nigeria (CBN) have been asked to wind up and revoke the operational licence of the Heritage Bank over an alleged state of financial insolvency of the financial institution. The...

Road accidents… Ogun leads with 6422, Jigawa is least with 725 Not less than 79,875 (Seventy-nine thousand, eight hundred and seventy-five) cases of road accidents have been reported in the country in the last three year s. Economic Confidential can report...

The House of Representatives’ Committee on Banking & Currency led by its Chairman, Honourable Sir Jones Chukwudi Onyereri visited the Ladgroup Ltd as part of their 'Oversight Functions' to Ladgroup Limited in Ikenna, Ogun State. Ladgroup is the foremost...