CBN appoints new executives for Union, Keystone and Polarish Bank
Kayode Ogunwale Following the removal of management of Keystone Bank, Union Bank and Polaris Bank, the Central Bank of Nigeria (CBN) has announced the appointment of new executives for…
CBN Sacks Dissolves of Union, Keystone And Polaris Banks
Kayode Ogunwale The Central Bank of Nigeria (CBN) has dissolved the boards and management of Union Bank, Polaris Bank and Keystone Bank. The apex bank in a statement signed by…
Customs generates 87% of its 2023 target revenue
The Comptroller-General of the Nigeria Customs Service (NCS), Adewale Adeniyi, has disclosed that the NCS failed to reach its revenue target of trillion, earning about 87 per cent of its…
Nigeria’s economic growth may decline in 2024 – UN
The United Nations has said that Nigeria’s rising debt, increasing inflation rate and its impact on the welfare of the citizens, puts the nation at risk of declining economic growth…
“Increase in interest rate has been ineffective in curbing inflation” – Muda Yusuf
Muda-Yusuf The Director of the Centre for the Promotion of Private Enterprise (CPPE), Dr. Muda Yusuf has stated that monetary policy tool of interest rate hiking has been ineffective in…
EFCC freezes N30b NSIPA cash traced to private accounts
EFCC Anti-graft body grills coordinator, arrests ex-DFA Ex-Humanitarian Affairs minister fails to honour agency’s invitation The Economic and Financial Crimes Commission (EFCC) has tracked N30 billion of the N44 billion…
No Increase in PMS Prices, says NNPC Ltd
Kayode Ogunwale NNPC LTD. The Nigerian National Petroleum Company (NNPC) Limited has assured Nigerians that there is no imminent increase in the cost of Premium Motor Spirit (PMS), commonly known…
BudgIT Commends FG for Publishing the Proposed 2024 Government-Owned Enterprises Budget
BudgIT, a prominent civic-tech organization promoting transparency, accountability, and effective service delivery in Nigeria, commends the Federal Government of Nigeria for taking a step toward transparency by publishing the 2024…
BudgIT Calls for Vigilant Citizenship Against Subnational Procurement Awards
BudgIT, a leading civic-tech organization promoting transparency, accountability, and effective service delivery in Nigeria, expresses profound disappointment about the dubious items listed in the Public Procurement Awards reported by Nigerian…
Seplat Energy COO lauds divestment activities in Nigeria’s energy industry
Samson Ezugworie COO The divestment story in Nigeria’s petroleum upstream sector has been a success case in terms of value creation, realisation and retention for the economy, the Chief…