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The House of Representatives Public Accounts Committee has summoned the Central Bank of Nigeria and eleven Electricity Distribution Companies (DISCOs) over $321 million and N18.2 billion loans for the accelerated transmission distribution…

The Central Bank of Nigeria, CBN, has debunked reports that there is insufficient stock of Naira notes in in circulation across the country. CBN in a statement signed by its Director Corporate Communications, Isa AbdulMumin, said that…

The Executive Vice Chairman and Chief Executive officer of the Nigeria Communications Commission (NCC), Mr. Aminu Maida, has described the Financial Technology (FinTech) industry as a critical driver of financial inclusion of Nigerian…

Following President Tinubu's transmission of N2, 176,791,286,033 Supplementary Appropriation Bill to the National Assembly, the House of Representatives has began its budget defense with agencies of government. The Committee on…

The World Bank says it is ready to help Nigeria in the effort to end poverty and empower millions of her citizens. Country Director of the global bank in Nigeria, Mr Shubam Chaudhuri, disclosed this on Wednesday, while presenting a…

The Cross River State Government through its Tourism Bureau, has commenced the process of providing ₦10 Million bailout funds to businesses in the hospitality and tourism industry experiencing financial difficulty, to revamp the industry.…

The Nigerian Equities market has remained upbeat for the third consecutive day this week as benchmark index appreciated by 1.94 percent on Wednesday. The midweek trades recorded gains in 35 equities with the market capitalisation of…

African governments have been urged to take responsibility to create and implement conducive policies and regulations to attract private investments, particularly in priority sectors for climate action and green growth. The call came as…

The Directorate of Road Traffic Services  of the Federal Capital Territory Administration (FCTA) says it has stopped manual booking and billing for vehicles in the Federal Capital City. The Director, Directorate of Road Traffic…

Nigerian President Bola Ahmed Tinubu has written to the House of Representatives, seeking approval to take a loan of $7.86 billion and €100 million under the Federal Government 2022-2024 external borrowing plan. The President's…