Category: Business
Budget fraud, procurement, others source of Nigeria’s poverty- SERAP Report
A new report by the Socio-Economic Rights and Accountability Project (SERAP) has revealed how “widespread and systemic corruption in ministries,...
Naira depreciates further to 530 against dollar, pound now N720
The naira plunged to a fresh record low against the dollar, the British pound sterling and euro on Thursday amid the lingering scarcity of foreign exchange...
Military deactivates 33 illegal refineries
The military says it has deactivated 33 illegal refining sites in the southern part of the country. The Defence Headquarters (DHQ) said in Abuja on Thursday that...
EFCC arrests 10 for Forex scam in Kano
The Kano Zonal Command of the Economic and Financial Crimes Commission have arrested ten suspected fraudsters for alleged involvement in forging travel documents...
Nigeria: ADB to spend $520 for APIZ
….The participants provided progress updates on the scheme, following their consultations with key stakeholders within the public and private sectors Nigeria’s...
Nigeria: FEC approves N84.6b contracts in Lagos, Abuja, Kano, Katsina airports, others
Nigeria’s Federal Executive Council (FEC) has approved over N5 billion for various contracts in Lagos, Abuja, Kano and Katsina airports while N79.649 billion was also...
Port congestion: NPA accuses police,military of extortion
Authorities of Nigeria Ports Authority (NPA) have blamed the congestion at Nigerian ports on extortion checkpoints mounted by officers of the...
Access Bank boosts profit by 42.44% to N86.94b in H1 2021
Access Bank Plc, Nigeria’s leading bank has released the group and the bank’s audited financial statements with auditor’s report for the half year period...
OPEC raises oil production to highest level since April 2020
…..OPEC has been pumping in August the highest volume of crude oil since April 2020, after the OPEC+ alliance agreed to ease the production cuts by 400,000 barrels...
Ogun hits 90 percent IGR as at June 2021
By: Adémólá Òrúnbon The Ogun State Government says it is already on a steady path to economic recovery as against the backdrop of global economic recession...
