Misconduct: Customs fire four deputy comptrollers, 25 other senior officers
Barely a week after sacking 17 junior officers, the Nigeria Customs Service on Thursday announced the dismissal of 29 senior officers, including four deputy comptrollers...
Business
ExxonMobil sells 60% stake in Mobil Oil Nigeria to indigenous firm
ExxonMobil Oil Corporation has executed a sale and purchase agreement (SPA) with Nipco Plc to sell its majority equity stake of 60 per cent in...
Naira inches to N280 per US dollar
Nigerian currency, the Naira is inching towards N280 to the dollar opening rate at the Financial Markets Dealers Qoute (FMDQ). The naira on Wednesday closed...
Malabu, Halliburton scandal: FG assign cases to special prosecutors
Federal Government of Nigeria has asked some lawyers in its teams of special prosecutors to review the multi-billion naira Halliburton and Malabu scams. The move...
CBN orders banks to stop dollar loans
The Central Bank of Nigeria (CBN) has stated that bank customers who do not earn foreign exchange (forex) will henceforth not be able to secure...
Buhari giving cabal billions through forex subsidy, creating billonaires, Sanusi alleges
Emir of Kano, Sanusi Lamido Sanusi II, says the practice of letting Nigerian businessmen buy dollars at official rates and then resell at higher rates...
Naira appreciates against dollar
On Wednesday Naira appreciated against the dollar in all the segments of the foreign exchange market. The currency gained 9.97 points to exchange at N310.24...
FG puts up two presidential jets for sale
The Federal Government has put up two aircraft in the presidential fleet for sale. According to an advert placed in a national daily on Tuesday,...
Sale of national assets will reduce borrowing – Adeosun
Minister of Finance, Kemi Adeosun, has expressed her support for the proposal for Nigeria to sell off some of its national assets to raise funds...
Banks derail CBN’s N1tr battle to boost economy
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) failed to bring down rates, but tightened measures because banks: have refused to...