President of the Senate, Ahmad Lawan, has said that the National Assembly would not accede to another request from the Executive to extend the capital implementation...
OBINNA EZUGWU The Nigeria Deposit Insurance Corporation (NDIC) has commenced the closure of 42 Microfinance Banks (MFBs) which operating licences were recently revoked by the Central...

The Nigerian Senate on Monday passed the 2021 Appropriation Bill of N13.5 trillion. This followed the adoption of the report of Senate Committee on Appropriations at...
By ADEBAYO OBAJEMU Many shareholders are worried about a lot of issues relating to the stock market. One of the most troubling of these issues is...

By Obinna Ezugwu The year 2021 may hold brighter economic omens for Nigeria than the outgoing one, renowned economist and member of the Presidential Economic Advisory...
By AYOOLA OLAOLUWA After several years of dashed hopes and delays, Dangote Group’s $2 billion fertilizer plant has started operations, making Nigeria the only Urea exporting...

BY EMEKA EJERE For those who thought the controversies surrounding the deduction of N50 as stamp duty on teller deposits or electronic transfer of funds by...
By Uche Chris For an economy to go into recession should not be an issue of great concern; recession is a natural economic cycle. But what...
BY EMEKA EJERE Contrary to the expectation of most industry watchers, Nigerian banks’ non-performing loans as of the third quarter of 2020 dropped to N1.17 trillion,...