FRSC set to enforce safety standards on petroleum tankers
The Federal Road Safety Commission (FRSC) says it will partner with the Petroleum Equalisation Fund (PEF) to ensure petroleum tankers…
World Bank gives kudos to NDIC
The World Bank has commended the Nigeria Deposit Insurance Corporation for its Target Fund Ratio Framework which enables the corporation…
Cash-strapped states seek funds from capital market
There are indications that cash-strapped state governments would be trooping to the capital market to source long term funds. This…
FG to pay N159bn subsidy debt to marketers
The controversy over the payment of arrears owed fuel importers is not yet over. Although the Federal Government has agreed…
Nigeria’s Foreign Reserves rises to $31.89 billion
Nigeria’s foreign exchange reserves has risen sharply to $31.89 billion from its previous balance of $29.1 billion. The Governor of…
Nigeria tops list of illicit cash outflow
Nigeria is the number one country in Africa with the highest outflow of stolen money. This revelation was made by…
NUJ pickets ThisDay newspaper over non-payment of salaries
The Nigeria Union of Journalists (NUJ), Lagos State Council on Tuesday picketed the premises of ThisDay newspapers in Apapa, Lagos…
Buhari’s N413.7 billion bailout for struggling states
State governments that could not pay workers’ salaries can now heave a sigh of relief. The federal government has stepped…
Buhari to review unbanning of textile importation
President Muhammadu Buhari is to review government’s recent decision to lift the ban on the importation of textile products into…
EFCC probes N200m fraudulent loan in Ogun
The Economic and Financial Crimes Commission (EFCC) is set to unravel the mysterious circumstances surrounding a N200 million unrepaid loan…