Economy

  By Chioma Iruke Commercial banks refunded N89.2 billion to customers over complaints at the end of June 2021, the Governor of Central Bank of Nigeria (CBN) Mr Godwin Emefiele disclosed. Emefiele made the disclosure during...

  By Chioma Iruke The Nigerian Senate has asked the Bureau of Public Enterprises (BPE) to refund N8.7bn to the Consolidated Revenue Fund based on an audit query issued by the Office of Auditor General of...

By John Ikani Nigeria’s Ministry of Communications and Digital Economy has signed a new project agreement worth $13m with The Republic of Korea. The agreement, which was signed in Abuja, is aimed to further boost the...

By John Ikani  Timipre Sylva, Nigeria’s Minister of State for Petroleum, says the Federal Government has not set date for petrol subsidy removal. Mr Sylva who said this on Thursday when he appeared on Channels Television’s...

By John Ikani  The Federal Executive Council (FEC) has approved the construction of two 60MVA power substations in Jigawa and two 30MVA power substations in Akwa Ibom states. Sale Mamman, Minister of Power, announced this at...

  By Emmanuel Nduka Nigerian Government has hired Transaction Advisers to facilitate the issuance of Eurobonds in the international capital market. This was contained in a press statement titled ‘Towards financing the 2021 Appropriation Act –...