Ponzi Scheme:: SEC verify 4,160 unpaid investors

16 July 2019

Photo Credit: Premium Times

The Securities and Exchange Commission has started verifying claims of 4,160 unpaid investors of the illegal investment scheme organised by Dantata Success and... Read More...

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RUGA: Ignore the threats of violence by northern groups - FG

10 July 2019

Picture Credit: Channels TV

It is now clear that the federal government did not suspend its National Livestock Transformation Plan but what it is reviewing presently is the modalities for... Read More...

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Pres. Buhari finally signs the AfCFTA agreement

07 July 2019

After weeks of speculations, President Muhammad Buhari has finally signed the African Continental Free Trade Area Agreement.

The signing took place on Sunday morning at the Extraordinary... Read More...

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Nigeria's external reserves rises to 45 billion dollars as at June 2019 - CBN

24 June 2019

The Central Bank of Nigeria says the country’s external reserves now stand at 45 billion dollars as of June 2019.

The CBN Governor, Mr Godwin Emefiele, disclosed this while reeling out the... Read More...

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BREAKING: CBN revokes Skye Bank's license, directs on depositors' funds

21 September 2018

The Central Bank of Nigeria (CBN) has withdrawn the operating license of Skye Bank.

CBN Governor, Godwin Emefile who announced the decision on Friday evening in Lagos said depositors funds... Read More...

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Obasanjo Farms, 10 others shut over tax default

18 September 2018

In continuation of its aggressive tax drive, the Oyo state government on Tuesday shut down the business premises of Obasanjo Farms, located in Oluyole Industrial Estate, Ibadan, MRS oil in the Oyo... Read More...

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BREAKING: Ekiti Assembly receives, passes 2018 budget amendment in one hour

13 September 2018

The Ekiti state house of Assembly approved an additional N9.9bn to the initial N98.6bn 2018 Budget 

At the sitting which commenced at around 12pm, and presided over by Speaker, the bill... Read More...

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FG, States, LGAs share N2trn in 3 months, higher than same time last year

11 September 2018

Increase in crude oil price, as well as domestic oil production, raised the nation’s revenues from oil, which made the three tiers of government to share N2tn in the second quarter of this year,... Read More...

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Quick breakdown of the 2018 budget

21 June 2018

2018 budget of consolidation breakdown:

Total Expenditure - N9.12tn

Revenue projection - N7.17tn

Recurrent expenditure - N3.51tn

Capital expenditure...

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CBN pumps $210m into the forex market

21 June 2018

The Central Bank of Nigeria (CBN) has made available the sum of $210million, to meet customers’ requests in various segments of the foreign exchange market.

In its desire to meet customers...

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