Economy
Eni files fraud complaint, rejigs trading arm over oil tanker fiasco
Eni has filed a fraud complaint against its former head of oil trading over a suspect Iraqi crude oil shipment,...
Read moreDetailsNigeria loses $2.9b yearly to tax waivers
About 30 percent of companies operating in Nigeria evade tax while 25 percent of registered companies in the country are...
Read moreDetailsNigeria loses N6trn annually to Apapa gridlock-NECA
A survey conducted by the organized private sector has revealed that Nigeria losses about N3.06 trillion, on non-oil export, and...
Read moreDetailsMinimum Wage: Public Service Workers Insist on Strike
The Trade Union side of the Joint National Public Service Negotiation Council (JNPSNC) yesterday directed its members in all public...
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CBN Intervenes in Forex market with $210 Million
The interbank segment of the Foreign Exchange Market has received a fresh boost of $210 million from the Central Bank...
Read moreDetailsBREAKING: IMF Boss, Christine Lagarde, Resigns
The International Monetary Fund (IMF) Managing Director, Christine Lagarde, has resigned. Lagarde's resignation takes effect from September 12. In a...
Read moreDetailsOil firms, analysts expect Nigeria’s petroleum laws to be passed in Buhari’s second term
Investors’ 11-year wait for the Nigerian government to open up Africa’s biggest crude industry may be over. An overhaul of...
Read moreDetailsNigeria out of 2019 U.S investment climate statements
Africa’s biggest economy Nigeria is missing on the United States’s 2019 investment climate statements. The report was published on July...
Read moreDetailsCBN counsels Nigerians on how to deal with banks’ excess charges, card related issues
The Central Bank of Nigeria (CBN) has disclosed the duration period under which Deposit Money Banks (DMBs) should resolve different...
Read moreDetailsCBN lending policy will normalise economic growth – LCCI
The Lagos Chamber of Commerce and Industry (LCCI) says the lending policy of the Central Bank of Nigeria (CBN) will...
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