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NDIC pays N113.2bn to depositors of failed banks
By Clara Nwachukwu The Nigeria Deposit Insurance Corporation (NDIC), yesterday said it paid about N113.2 billion to depositors…
Nigeria to begin processing raw gold, others
. As Minister urges artisanal miners to register for loans The Minister of Mines and Steel Development, Olamilekun…
Nigeria’s GDP growth slows to 2.25% in Q3, 2022
Nigeria’s Gross Domestic Product (GDP) slowed to 2.25% year-on-year (y/y) in real terms in the third quarter (Q3)…
FG targets 95% financial inclusion by 2024
The Central Bank of Nigeria (CBN) said yesterday it is targeting up to 95% financial inclusion by 2024,…
Senate demands suspension of planned concession of Zungeru hydro power
The Senate yesterday asked the National Council on Privatisation (NCP) and the Bureau of Public Enterprise (BPE) to…
Governors approach court to stop 10 NIPPs sale, disbursement of $418m Paris Club refund
The Nigeria Governors’ Forum (NGF), said it has approached the court to stop the Federal Government from selling…
FG unveils new naira notes to control money in circulation
Nigeria’s President Muhammadu Buhari today unveiled the re-designed naira notes as proposed by the Central Bank of Nigeria…
CBN hikes interest rate again to 16.5%
In efforts to curb rising inflation and relieve pressure on the naira, the Central Bank of Nigeria (CBN)…
NNPC starts drilling oil in northern Nigeria
The Nigerian National Petroleum Company (NNPC) Limited yesterday said it started drilling for oil and gas at a…
Nigeria earned $741.48bn from oil, gas in 21 years, says NEITI
The Federal Government yesterday revealed it earned about $741.48 billion from oil and gas between 1999 and 2000,…