Dangote Cement records N292bn revenue in second quarter
Despite the economic down turn in Nigeria Africa’s leading cement producer, Dangote Cement Plc has reported revenue of N292 billion in the second quarter ended...
Business
Oil wells: S’South, S’East lawmakers demand 65 percent
Lawmakers from the South-South and South East have urged the Federal Government to review the ownership structure of oil wells in the country as a...
CBN orders banks to open accounts without deposits
Bank customers can now open accounts without deposits according a directive by the Central Bank of Nigeria, CBN. The directive was contained in the Monetary,...
I lost N50 billion as a result of Buhari’s economic policy– Dangote
Dangote group has said it lost fifty billion naira this year as a result of the current government’s economic policy. Recall that in May this...
CBN: flexibility policy not beneficial to Nigeria’s economy – Buhari
By: Our Correspondent President Muhammadu Buhari has berated the Central Bank of Nigeria (CBN) over its introduction of the flexibility policy stressing that its of...
Five states meet FG’s condition for N90b bond
The Federal Government on Thursday revealed that five states had met the 22 stringent conditions it stipulated for the 36 states of the federation seeking to...
Minister gives condition for accessing N90b bond
The Federal Government has announced that it is offering State Government’s a N90 billion loan, which it hopes will assist states in meeting its monthly...
CBN devalues Naira
The Central Bank governor announced it on Wednesday after months of pressure to control a spiraling crisis in Africa’s biggest economy. Gov. Godwin Emefiele told...
Nigeria inflation hits six-year high
Inflation in Nigeria rose to a more than six-year high in May, hitting 15.6 percent, the National Bureau of Statistics said on Tuesday. The rise...
FG’s Social Investment Jobs Portal, N-Power, Records 400,000 Registrations In 36 Hours
The newly launched Jobs portal of the Federal Government “N-Power. gov.ng,” has recorded over 400,000 successful registrations since it opened for submissions at on Sunday,...