Economy
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CBN stops banks from utilising naira devaluation gains
The Central Bank of Nigeria (CBN) has asked deposit money banks (DMBs) to stop utilising gains from the revaluation…
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Unity Bank Grows Gross Earnings to N27.5 Billion in H1’2023
Retail lender, Unity Bank Plc grew its deposits to N333.38 billion, representing a marginal increase of 2% compared to N327.42…
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Federal government harvest ₦1.83 trillion in two months from subsidy savings
The Federal Government of Nigeria has reported savings of N1.83 trillion in less than three months it cut of petrol…
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Elumelu calls for more investments in Power Sector
Photo credit:gazettengr.com Founder of the Tony Elumelu Foundation (TEF) and Chairman of Transcorp Power Limited , Tony Elumelu has…
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FG APPROVES N5B SUBSIDY PAIN RELIEF FOR EACH STATES
. The National Economic Council (NEC) jas approved the release of N5 billion each to the 36 states. Acoording to…
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Access Bank Acquires $7m Stake in Kenyan Subsidiary
Access Holdings through its Bank., Access Bank is to invest $7 million into its subsidiary, Access Bank Kenya Plc The…
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PRESIDENT TINUBU VOWS TO END NIGERIA’S OVERRELIANCE ON BORROWING FOR PUBLIC EXPENDITURE
… sets 18% Tax to GDP target in 3 years President Bola Tinubu on Tuesday in Abuja expressed his resolute…
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Navy Boat Escorting Vessel With Stolen Crude Intercepted In Delta
Operatives of a private firm, Tanita Security Services on Wednesday intercepted a Nigerian Navy boat escorting a vessel loaded with…
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Nigeria Cuts Off Power Supply To Niger Republic
The Transmission Company of Nigeria (TCN) has confirmed the cutting off of the power supply to the Niger republic. TUC Kano State sub-region…
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Senate to revisit CBN Act, says Akpabio
The Senate yesterday said it would revisit the Central Bank of Nigeria (CBN) Act to address governance gaps in its…
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