Tuesday, April 23, 2019
By Eric Elezuo Agosto and Co, Credit Rating agency saddled with the responsibility of providing unbiased expert analysis of various industries in the Nigerian Economy as well as gathering information about the market size and potential of an industry, its...
The Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, on Tuesday dismissed claims in some quarters that he had been asked to proceed on terminal leave. There had been speculations on that President Muhammadu Buhari had asked the...
A High Court in London has dismissed a motion filed by U.S. firm, JP Morgan Chase, to halt its prosecution by the Nigerian government. In a ruling on Thursday, the judge, Andrew Burrows, held that the American investment/finance firm “owed...
Electricity generation companies in the country have said they will be forced to shut down their power plants if the challenges facing them are not addressed. The Association of Power Generation Companies, the umbrella body for the Gencos, said on...
Nigerians in the UK have emerged the highest senders of money to their home country with £3.27m being sent in 2017. According to a World Bank report, Nigeria was the top receiver of cash from the UK, followed by India,...
The Federal Government on Saturday declared that it would pay oil marketers N236bn next Friday. It said the payment was the first tranche of the outstanding N348bn subsidy claims that it owed members of the Major Oil Marketers Association of...
The Nigerian Ports Authority (NPA) has denied allegations that it failed to remit N177 billion of its 2017 revenue into the Consolidated Revenue Fund, as required by law. A statement by the NPA said the Senate’s allegation was “without foundation”. The...
The average improvement of Gross Domestic Products (GDP) of African countries have not been translated into sustainable economic opportunities, Mo Ibrahim Foundation says. News Agency of Nigeria (NAN) reports that the 2018 Ibrahim Index of African Governance (IIAG) was launched...
The Minister of Labour and Employment, Chris Ngige, on Wednesday, said the Federal Government and the organised labour had yet to reach an agreement on the new National Minimum Wage as being reported in the media. He said the government...
The International Monetary Fund (IMF) yesterday warned Nigeria and Sub-Saharan African economies to check rising levels of debts, diversify their revenue bases or face crisis. Nigeria’s debt profile was N22.3 trillion as at June 30, 2018. About two-thirds of the...

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