BUSINESS
World Bank Accuses NNPCL Of Lack Of Transparency In Managing Subsidy Funds
The Nigeria National Petroleum Corporation Limited is not transparent about the financial gains from fuel subsidy removal, the World Bank has disclosed. This extends to...
IMF’s Projection Of Nigeria’s Economic Growth Wrong — Akabueze
The Director-General of the Budget Office of the Federation, Ben Akabueze, says the International Monetary Fund (IMF) has been wrong in its projections of...
We’ve Lot Of Capacity In Currency Printing, Says Emefiele As CBN Agrees To Mint For Gambia
The CBN Governor, Mr. Godwin Emefiele, agreed to the currency minting proposal from the Governor of the Central Bank of the Gambia, Mr. Buah...
Senate Passes NYSC Trust Fund Bill Into Law
A bill seeking to establish the National Youth Service Corps (NYSC) Trust Fund, has been passed into law on the floor of the Senate. Sponsored by...
BREAKING: Senate Passes N13.5trn 2021 Budget
The Senate at a special plenary on Monday passed the 2021 budget totalling N13.5trn. The fiscal document is predicated on oil benchmark $40 per barrel,...
Nigeria Sets Date To Commence Aeroplane Manufacturing, Partners Hungarian Company
Before the end of 2023, Nigeria may be among the countries that manufacture aeroplanes as the federal government has entered into a partnership with...
Sterling Bank’s Zero Transfer Fees Policy Saves Nigerians Over N2bn
One year after breaking away from traditional banking charges, Sterling Bank has announced that its Zero Transfer Fees policy has returned more than N2...
How Buhari Dropped Ararume As NNPC Board Chairman
Muhammadu Buhari has dropped Senator Ifeanyi Ararume as Chairman of the Board of the Nigerian National Petroleum Company (NNPC) Limited. The President also replaced Senator...
Sterling Bank Drops Charges On Online Transfers, Calls For Others To Follow
Sterling Bank has pushed for the elimination of bank transfer fees by major banks and declared that it will no longer keep any money...
Naira Rises To N1,403 In Parallel Market
The Naira yesterday appreciated to N1,403 per dollar in the parallel market from N1,408 per dollar on Monday. Similarly, the naira appreciated to N1,345 per...
