The Assets Management Corporation of Nigeria (AMCON) has proposed to sell Ibadan Electricity Distribution Company to viable investors as a way of making it more efficient....
Nigeria’s daily oil production fell by 160,000 barrels per day in the second quarter of 2024, according to a report released by the National Bureau of...
Abba Kabir Yusuf, Kano State Governor, has written to the State House of Assembly, seeking approval of the sum of N99bn for the 2024 Supplementary/amendment budget....
The Nigerian Extractive Industries Transparency Initiative (NEITI) has announced that 198 extractive companies and government agencies have submitted information and data for the ongoing nationwide reconciliation...
BudgIT, an accountability firm, in a report, disclosed that the Federal Government spent three times its revenue in 2023, resulting in a deficit of N13.50trn. BudgIT,...
…as cash-strapped shareholders fail to snap offers The current recapitalization program embarked on by deposit money banks in the country to meet the mandatory new threshold...
Despite improved allocations from the federation account, states and Local Government Areas (LGAs) in Nigeria are in dire straits over rising cost of governance, Business Hallmark...
– Action raises issue of moral conflict – Experts The Central Bank of Nigeria (CBN), appears to be in the eye of the storm, with many...
– To get the 445000 bpd for domestic consumption Africa’s richest man, Alhaji Aliko Dangote, has brushed off local and international oil-producing firms’ resolve to starve...
