Category: Economy

THE MONEY THAT NEVER MOVED:  How Nigeria’s Expenditure Controls Prevented the PEAC/PFIPC Appropriation from Becoming Public Expenditure

THE MONEY THAT NEVER MOVED: How Nigeria’s Expenditure Controls Prevented the PEAC/PFIPC Appropriation from Becoming Public Expenditureξ       BY TANIMU...

High Court stops EFCC from investigating Oyo State finances

    A Federal High Court sitting in Ibadan, the Oyo State capital, on Wednesday restrained the Economic and Financial Crimes Commission (EFCC) from proceeding...

Reps probe mining marshals over ₦2bn graft

      Probe                   The House of Representatives has resolved to investigate the activities of the...

NDIC begins payment to depositors of 46 failed MfBs

        The Nigeria Deposit Insurance Corporation (NDIC) has begun paying insured deposits to customers of the 46 recently failed microfinance banks....

CREDIT CORP:FG opens applications for laptop, smartphone credit scheme + Step-by-step guide

    The Federal Government has opened applications for its newly launched consumer credit scheme designed to give Nigerians affordable access to laptops,...

Oil price rebounds to $107 per barrel

31 coys win 37 oil, gas blocks in Nigeria’s 2025 Licensing Round+ Full List

Oil & Gas       31 companies have emerged winners of 37 oil and gas blocks following a keenly contested bidding process at the 2025 Licensing Round...

CBN retains all policy rates

        The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has again retained the Monetary Policy Rate (MPR), the country’s...

Photo:Enters new AMCON Board Chairman,Lamido Abubakar

  *Mr Lamido Yuguda Abubakar*, the new Chairman of the Board of Directors, Asset Management Corporation of Nigeria (AMCON), second right, with the Managing...

IPMAN Kicks Against Issuing Licences for Petroleum Products Import

IPMAN Kicks Against Issuing Licences for Petroleum Products Import   The Independent Petroleum Marketers Association of Nigeria (IPMAN) has kicked against the...

Nigerias $52bn Foreign reserves to protect FX stability, says Cardoso

  Central Bank Governor, Olayemi Cardoso, says Nigeria is building its external reserves to provide protection against shocks and excessive currency volatility, not...