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Nasarawa Assembly passes 237 bills into law, 445 resolutions in 23 years

From Leo Nzwanke, LafiaThe Nasarawa State House of Assembly says that the House has passed 237 bills into law and passed 445 resolutions in...

CBN Reads Riot Act on Access to Discount Window

The Central Bank of Nigeria (CBN) yesterday insisted that certain categories of its authorised dealers are not allowed to access the discount window on...

Elon Musk Finally Agrees to buy Twitter at original $44bn Price

Elon Musk, the billionaire founder of Tesla Inc., has offered to purchase Twitter for the initial offer price of $44 billion.In a filing on...

CBN Increases Interest Rate To 15.5%

The Central Bank of Nigeria has raised the Monetary Policy Rate (MPR), which measures interest rate, to 15.5 percent from 14 percent.CBN Governor, Godwin...

CBN and the lost fight against Inflation

By Adefolarin A OlamilekanThe global economy is currently uninspiring as it is still under the sieges of inflation. That demonstrates a spike in over 9%...

Ethiopian Airline owns 49% of Nigeria Air – FG

Ethiopian Airlines (ET) consortium has been selected as the preferred bidder for Nigeria Air, owning 49 percent of the national carrier.Hadi Sirika, minister of...

Banks Suspend International Transactions On Naira Debit Cards

Nigerians will not be able to use their Naira debit cards for international transactions as scarcity of foreign exchange (forex)worsens in Africa’s largest economy...

BREAKING: Inflation Hits 20.52%

The Consumer Price Index (CPI) which measures inflation rose to 20.52 per cent year on year in August compared to 17.01 per cent in...

North East To Get N200bn International Referral Hospital

Chinese construction giant, Mutual Commitment Group (MCG) Limited says it will begin the construction of a 2000-bed capacity international referral hospital in northeastern Nigeria...

CBN moves against defaulting Anchor Borrowers

The Central Bank of Nigeria (CBN) has moved against beneficiaries of its Anchor Borrowers Programme who have failed to pay back their loans.The NIRSAL Microfinance...

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