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Emefiele: Why we are redesigning and introducing new Naira notes

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With approval from President Muhammadu Buhari, the Central Bank of Nigeria (CBN) is to introduce redesigned currency notes in efforts to shore up the...
Business

NEC sets up committee on recovery of loans from states

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*NEC SETS UP COMMITTEE TO REVIEW MODALITIES FOR STATES’ REPAYMENT OF FG’S BUDGET SUPPORT FACILITY* **Also to compose Committee on flood mitigation* **Endorses revised National Social...
Business

Abuja Sheraton shut down as workers protest over severance pay

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Workers' protest over severance package on Tuesday greeted the shutting down of the Abuja Sherston Hotel by Marriott International, managers of the hotel. Marriot shut...
Business

Kogi pushes claim on Obajana Cement despite MAN, Dangote positions

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Despite suggestions by the Kogi State government that that the Dangote Cement Company fraudulently acquired the government-owned Obajana Cement Company, the Manufacturers Association of...
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Full Speech: President Buhari presents 2023 Budget of Fiscal Consolidation and Transition

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I am very pleased to be here today to present the 2023 Budget Proposals at this Joint Session of the National Assembly. This is...
Business

Kogi Assembly wields the big stick, shuts Dangote Cement over ownership status

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In its bid to ascertain the true ownership of Dangote Cement Company situated at Obajana in Kogi State, the State House of Assembly has...
Business

CBN is worsening job losses, increase in prices of goods, killing production, say experts

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Experts Knock CBN On Interest Rate Hikes To Curb Inflation Economic experts are no longer at ease with the aggressive use of interest rate hikes...
Business

“Majority of Nigerian MSMEs are Nano-Businesses” – SMEDAN

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Against popular notion, the new national policy on MSMEs categorizes Nigerian businesses with an annual turnover of less than 3 million naira as nano...
Business

How did Kogi State govt-owned Obajana Cement Company become that of Dangote Group, Kogi lawmakers ask

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How did the Kogi State Cement Company in Obajana, Kogi State, become that of Dangote Industries? Who mines mineral resources out of the State...
Business

The economy doing well despite global disruptions, internal troubles, says Buhari

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DESPITE STRONG HEADWINDS, NIGERIA’S ECONOMY CONTINUES TO GROW, SAYS PRESIDENT BUHARI AS HE INAUGURATES COMMITTEE ON NATIONAL ECONOMY President Muhammadu Buhari Friday in State House...
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