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Floating the Naira is a bad idea

WHY FLOATING THE NAIRA IS NOT A GOOD IDEA. By Kola Asatola Asanike* The idea of floating naira/USD and concurrently removing fuel subsidy is one of...

CBN sacks boards of Titan, Polaris, Union, Keystone Banks, names interim management

The Central Bank of Nigeria has booted out the entire Board of Directors governing Polaris, Union and Keystone Banks. The CBN announced the decision in a statement...

Oyo AG faults Makinde’s claim of lack of funds to pay N3.4b debt

By Yemi Oyeyemi, Abuja The Accountant General (AG) of Oyo State, Mrs. K. O. Adegoke, has faulted the claim by Governor Seyi Makinde that his...

No hike in petrol price, electricity tariffs…at least not yet

Just as the Nigeria Electricity Regulatory Commission (NERC) debunked speculations it had given the go-ahead for an increase in electricity tariffs, the Nigerian National...

CBN governor upbeat for 2024 as Nigerians groan and inflation rate rises 11th time

Nigeria's Central Bank governor, Olayemi Cardoso is assuring that the climbing Inflation and Exchange Rates will drastically  decline in 2024 l, but for November inflation rate...

Tax evasion: Tribunal orders AEDC to pay N5.3 Billion tax liability for four years

The Tax Appeal Tribunal (TAT) sitting in Abuja, on Thursday, ordered the Abuja Electricity Distribution Company (AEDC) Ltd to pay the cumulative sum of...

After Dubai jamboree, Ministry budgets N1 billion for Geneva trip

It was a bad day for the Minister of Trade, Industry and Investment, Doris Nkiruka-Anite on Tuesday as former Edo governor, Senator Adams Oshiomhole,...

Indebted Nigeria goes to Dubai with delegation of 1411, equals rich China

Poor and indebted as the Nigeria government claims the country is, she has third largest delegation to the climate change conference ongoing in Dubai,...

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