Nigeria’s electricity problems can’t be solved by magic – Fashola

The Minister of Power, Works and Housing, Mr Babatunde Fashola, has stated that electricity supply in the country is improving slowly, stressing that the...

I introduced ATM in Nigeria 25 years ago – Saraki

The Senate President,  Dr Bukola Saraki on Wednesday disclosed that he introduced the use of Automated Teller Machine,  otherwise known as ATM, in Nigeria. He...

Nigeria will soon have President to sign AfCTA – Obasanjo

Former president Olusegun Obasanjo has stated that President Muhammadu Buhari’s hands are too weak to sign the African Continental Free Trade Agreement, AfCTA, even...

IMF cuts Nigeria’s growth projection, says economy doing poorly

The International Monetary Fund, IMF, has reduced the growth projections made for Nigeria to 1.9 per cent from 2.1 per cent, pointing out that...

How 300,000 market women benefited from N15.183bn interest-free loans – Osinbajo

The federal government says it had given N15.183 billion interest-free loans, ranging from N50,000 to N350,000, to low income earners, including market women, artisans...

CBN says Nigeria at risk of another recession, proffers solutions

The Monetary Policy Committee, MPC, of the Central Bank of Nigeria, CBN, on Tuesday ended its two-day meeting with a strong warning that Nigeria’s...

Executive, National Assembly rift threatens Nigeria economy – Manufacturers warn

Local manufacturers have expressed concern over the slow implementation of the budget, occasioned by rift between the executive and legislative arms of government, warning...

CBN warns Nigerian banks, announces fines for failed transaction reversals, others

The Central Bank of Nigeria, CBN, has said that any failed Nigerian Instant Payment, NIP, transaction not reversed into the customer’s account within 24...

Over 6,772 billionaires not paying tax – FIRS cries out

The Federal Inland Revenue Service, FIRS, will soon go after the bank accounts of defaulting taxpayers, who are raking in billions of naira in...

MTN under pressure as Nigerian govt demands fresh $2bn tax arrears

MTN Nigeria may be in for more trouble as it emerged yesterday that the federal government has written to the telecoms giant directing it...