New Federation Revenue Allocation Formula ready in December -Commission

…From Dele Ogunyemi, Ibadan… A new Federation revenue allocation formula is expected to be ready in…

Why We Suspended Dana Air- Oduah

Minister of Aviation, Princess Stella Oduah, on Monday gave reasons why the Federal Government clamped a…

Maritime workers threaten to shut seaports

The Maritime Workers Union of Nigeria (MWUN) have threatened to shut down seaports to protest the…

Capital Market operators fault CIS bill

Two major operators in the Nigerian Capital Market on Wednesday faulted the proposed bill for an…

Nigeria, Spain trade hits 7 billion euro

The Spanish Ambassador to Nigeria, Mr Alvaro Aguilar, said on Saturday that the volume of bilateral…

FG earmarks $8bn for Gas -to-Power programme

The Federal Government says it has earmarked eight billion dollars for the execution of the Nigerian…

CBN names of 20 sanctioned forex operators

The Central Bank of Nigeria (CBN) on Friday released the names of 20 Bureau De Change…

2013 budget: Reps indict Executive for poor implementation

House of Representatives on Thursday took a swipe at the Executive for poor implementation of the…

Telecoms subscribers threaten litigation over compensation for poor service

Chief Deolu Ogunbanjo of the National Association of Telecommunications Subscribers (NATCOMS) on Wednesday threatened telecom providers…

Defunct Oceanic Bank shareholders want return of Ibru’s N191 billion Forfeited Assets

Some shareholders of the defunct Oceanic Bank Plc (now Eco Bank Plc) on Tuesday asked a…

FG saves N530bn on over-bloated contracts

Federal Government has been able to save about N530 billion as a result of enforcement of…

CBN maintains 12% lending rate

Central Bank of Nigeria (CBN) on Tuesday retained the lending rate at 12 per cent, the…