Senate moves to increase bank recapitalisation to N1trn
The Senate on Tuesday passed for second reading a bill seeking some amendments to the Central Bank of Nigeria (CBN) Act, including a proposal to incre
Business
All the recent business news in Nigeria, economy and industry updates.
Uneasy calm in aviation over Oronsaye’s report
There is uneasy calm in the aviation industry over the proposed full implementation of Steve Oransaye’s report on restructuring and rationalisation of
IOC’s divestment: We facilitate, not hinder process – NNPCL
The Nigerian National Petroleum Company Limited, as the largest partner to all the oil-producing companies in Nigeria, has assured that its role in th
Senate constitutes panel to probe CBN’s N30trn loan to FG
The Senate has constituted a nine-man committee to investigate the N30 trillion Ways and Means advances the Central Bank of Nigeria (CBN) extended to
Customs records daily revenue of N16bn in Apapa port
Despite the everyday adjustment of the exchange rate on import by the Central Bank of Nigeria (CBN), the Apapa Command of the Nigeria Customs Service