The House of Representatives has asked the Central Bank of Nigeria (CBN) to enforce the use of coins as a legal tender in the country in...

Lagos, Ogun, Rivers Akwa Ibom and Imo states with a combined domestic debt stock of about N1.56tn, are the top five most indebted states in Nigeria,...
By AYOOLA OLAOLUWA Experts in the financial and petroleum sector as well as exhaustive data obtained by Business Hallmark have exposed the fuel subsidy regime as...

BY EMEKA EJERE There are growing concerns across sectors that only drastic and urgent steps by the federal and state governments can save the Nigerian economy...
BY EMEKA EJERE The thriving Point of Sale transaction (POS) business may soon begin to witness serious dip in patronage if nothing is done to change...
By AYOOLA OLAOLUWA Investors are daily abandoning the Collective Investment Scheme (CIS), popularly known as mutual funds, over low rate of returns recorded in some of...

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained interest rates at 11.5 per cent. The apex bank disclosed this on...
The Nigerian National Petroleum Company (NNPC) Limited will deduct N242.53 billion from the Federation Account this month for fuel subsidy. While the company described the proposed...

African Development Bank (AfDB) says it has secured $15.6 billion for the construction of the Lagos-Abidjan highway corridor, that would link Nigeria and Ivory Coast, to...