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Concerns Mount Over Stalled FG-Siemens’ Power Deal Worth $2bn

Deal Still At Paperwork Stage, Energy Consumer Network Laments There are growing concerns over the stalled Power Project Initiative contract signed...
Business

Execution of Sugar Master Plan Can Save Nigeria $700m Yearly — Dangote

Chairman, Dangote Sugar Refinery Plc, Aliko Dangote has said that the National Sugar Master Plan (NSMP), when executed as designed, can save the nation...
Banking

Nigerians React As Naira Dips To N575, Days After AbokiFX Suspension

Nigerians have continued to react as the Naira sold between N572 and N575 to a $1 at the parallel market despite the suspension of...
Business

Just In! Buhari Orders Incorporation Of NNPC Ltd, Appoints Board [List]

President Muhammadu Buhari has ordered the incorporation of the Nigerian National Petroleum Company (NNPC) Limited. The president on Sunday also appointed members of the management...
Business

How Currency Speculators Are Causing Naira Free-fall, Moghalu Explains

A former Deputy Governor of the Central Bank of Nigeria (CBN), Prof. Kingsley Moghalu, has explained how currency speculators have been deliberately attacking naira,...
Business

VAT War: Ebonyi’s Umahi Rejects Southern Govs’ Resolution

The Governor of Ebonyi state, Dave Umahi has rejected the resolution of the Southern Governors’ Forum over the collection of the Value Added Tax...
Banking

CBN Keeps Lending Rate At 11.5%.. To Pull Down AbokiFX Website

Threatens To Prosecute Website Owner, Olumide Oniwinde  The Central Bank of Nigeria (CBN) Monetary Policy Committee has voted to retain its...
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