Despite protest by some lawmakers yesterday, the Senate has empowered the Asset Management Corporation of Nigeria (AMCON) to seize debtors’ […]
Category: Economy
Tension Looms : FG, States Face Financial Crisis as NNPC Says only N12bn Left to share in May
The Nigerian National Petroleum Corporation (NNPC) has revealed that it will not be able to meet its monthly mandate regarding […]
CBN, First Bank on Collision Course Over Removal of MD/CEO
The Central Bank of Nigeria has issued the Board of First Bank Ltd, one of Nigeria’s oldest banks a query […]
FG to Create About One Million Jobs From Digital Switch Over Roll – FG
The Federal Government said it will create almost one million new jobs with the second rollout of Digital Switch Over […]
Preferred Bidders to Get Fourth Mainland Bridge Contract in December – LASG
The Lagos State Government has disclosed that it is completing modalities for the award of contract for the Fourth Mainland […]
Bank Marketing: Gbajabiamila condemns corporate prostitution
The Speaker of the House of Representatives, Femi Gbajabiamila, has expressed concern about the exploitative ways banks use their female […]
Electricity Tariff to Increase Again as NERC Seeks to Conclude Extraordinary Review
Electricity tariff will likely go up soon as the Nigerian Electricity Regulatory Commission (NERC) announced plans to conclude the Extraordinary […]
Rising Debt Profile: Social Action Calls for Caution and Prudence to Save the Nation from Collapse
Social Action notes with serious concern that Nigeria seemed to have been trapped in another web of indebtedness barely fifteen […]
Nigerian Govt Slams World Bank’s Report on Poor Power Distribution in Nigeria
The Federal Government on Sunday slammed evidence contained in a report by the World Bank on distribution of electricity in […]
FG reviewing salaries, emoluments of officeholders
The Chairman of the Revenue Mobilization Allocation and Fiscal Commission (RMAFC), Elias Mbam has said that the commission had begun […]