A Federal High Court in Lagos has restrained the Nigerian Electricity Regulatory Commission, (NERC), from implementing the new electricity tariff which was…
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The Central Bank of Nigeria (CBN) has explained how it discovered the N8 billion currency fraud. In a statement Director, Corporate Communications,…
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African Development Bank (AfDB) has expressed concern that the continent’s energy deficit remains large in spite of remarkable achievements in continental development.…
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Interswitch Ltd., which processes payments for banks and owns a brand of debit cards in Nigeria, is considering initial public offerings in…
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African Development Bank (AfDB) has expressed concern that the continent’s energy deficit remains large in spite of remarkable achievements in continental development.…
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— Earned interest of $29m from external reserves —-Forex inflow rose to $146.2bn, outflow $43.4bn —-Recruited 771 staff in 2013 —-$28bn spent…
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The Central Bank of Nigeria yesterday said that it would henceforth share with banks interest earnings on loans granted to farmers under…
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The Nigerian Extractive Industries Transparency Initiative (NEITI) has urged the Federal Government to implement the recommendations of its audit reports as part…
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Managing Director, Fidelity Bank Plc, Mr Nnamdi Okonkwo said on Tuesday that the bank was targeting a deposit growth of 10 per…
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Oil companies in Nigeria are to undergo a new licensing round, as the Federal Government yesterday, stated that it plans to separate…
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—As external reserves climb to $30bn The Monetary Policy Committee (MPC) has harmonised the Cash Reserve Requirement (CRR) of both public and…
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Nigerian Extractive Industry Transparency Initiative, NEITI, Monday, indicted the Federal Government for the high rate of corruption in the hydrocarbon sector of…
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BoI recovers N2. 9bn bad debts in 2014, blacklists 22 firms
THE Bank of Industry , BoI, weekend, disclosed it recover a total of N2.9 billion bad debts from its customers in the…
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Shareholders seek return of nationalised banks, call for thorough investigation
… Nationalised banks characterised by corruption .. No due process was followed … Keystone Bank sale to take effect October/Nov Ahead of…