DMO Reopens Four N360 billion Bonds at a Price of N 1,000 each.
Four Federal Government of Nigeria bonds worth N360 billion have been posted by the Debt Management Office for subscription at…
Day: April 13, 2023
FG Promises to Penalize Online Banks for Privacy Violations.
Customers of digital lenders have been promised by the federal government through the Federal Competition and Consumer Protection Commission that…
Femi Otedola becomes Transcorp’s Largest Individual Shareholder, with 5.5% Stake.
A multibillionaire businessman named Mr. Femi Otedola has become Transcorp, a publicly traded, diversified company led by Mr. Tony Elumelu,’s…
CBN Redesign should Permit Low Interest Rates – Economist.
Basil Odilim, a development economist, has urged the Central Bank of Nigeria to be redesigned to make way for a…
Ogun State is Planning to Utilize Gas-powered Mass Transit Vehicles.
The Ogun State Government has announced that it will use mass transit buses that are powered by compressed natural gas…
Accountant General Under Investigation by the Senate for N74 billion.
The Accountant of the Federation is being investigated by the Senate for handing out N74 billion in social benefits without…
Nigeria to Pay back $800million World Bank Loan for 25 Years.
The World Bank granted a loan of $800 million as a subsidy palliative, and the next administration, led by Major…
FG Approves N23 billion for Roads and Third Mainland Bridge Repairs.
The Third Mainland Bridge in Lagos State will get a total of N23.33 billion in funding for surface maintenance. The…
IMF Calls on Nigeria to Increase Tax, Decrease Borrowing.
The International Monetary Fund (IMF) has once again advised Nigeria to intensify efforts to expand the tax base, raise taxes,…