Nigerians spent $98bn on foreign trips, education in 10 years – CBN
Nigerians’ spending on foreign education, healthcare and personal travels gulped over $98bn in 10 years, according to the Central Bank of Nigeria data. The CBN...
Enugu Chamber of Commerce lauds Gov Mbah over security, infrastructure
Members of the organised private sector in Enugu State under the auspices of the Enugu Chamber of Commerce, Industry, Mines and Agriculture (ECCIMA) have extolled...
Probe missing $3.4bn IMF loan, SERAP tells Tinubu
Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu “to direct the Attorney General of the Federation and Minister of Justice Mr Lateef...
36 oil blocks under concession to IOCs, others – NNPCL
No fewer than 36 oil blocks are under concession to international oil companies operating in Nigeria and their indigenous counterparts in the country,...
Widows protest flour price hike in Kano
Scores of women, including widows, took to the streets of Kano to protest the increase in the price of flour in the state. The protesters,...
Nigeria loses 91% revenue to illegal miners — ECOWAS Speaker
The Speaker of the Economic Community of West African States Parliament, Mohamed Tunis, has disclosed that Nigeria loses 91 per cent of its revenue...
FG lauds Dangote over economic diversification drive
The Federal Government has appreciated the Dangote Group for complementing the government’s efforts to diversify the country’s economy and the company’s dedication to promotion of...
$900bn dead capital locked up in real estate — PwC
PricewaterhouseCoopers Nigeria has said that it estimates that Nigeria holds as much as $900bn worth of dead capital locked up in residential real estate and...
Naira rebounds as banks offload excess dollars
Ahead of the midnight February 1, 2024 deadline given by the Central Bank of Nigeria to commercial banks to sell all excess foreign exchange holdings,...
Miners owe FG over N2tn — Minister
The Minister of Solid Minerals Development, Dele Alake, has said that miners and operators in the sector owed the Federal Government more than N2 trillion....