Finance

The Nigeria Governors Forum (NGF) will reportedly meet with President Muhammadu Buhari over the new minimum wage implementation on Friday December 14. The forum took the decision at its last meeting for 2018, presided by the chairman of…

Access Bank has won the Central Bank of Nigeria(CBN) award for Most Sustainable Bank of the Year in the 2018 edition of its annual awards for sustainability.  The event which holds annually in Lagos is an encouragement to business…

Oil producers who agreed last week to trim production to boost prices will meet in April to review the impact and sign a long-term pact, the UAE minister said Wednesday. OPEC and some non-OPEC producers decided to cut output by 1.2…

The group said it will extend it earlier 7 days ultimatum with another 5 days to give the Federal Government more time to look into the issue and settle the outstanding N800 billion debts.

A former minister of Foreign Affairs, Odein Ajumogobia, has predicted that the rate of poverty in Nigeria will likely increase in 2019. Ajumogobia, who made this prediction known  on Friday, November 23, when speaking during a…

The Chief Executive Officer of Financial Derivatives Company, Bismarck Rewane, has said that  Atiku Abubakar, should tell Nigerians  how and to who he intends  to sell the Nigerian National Petroleum Corporation (NNPC). He made this…

The Chairman of the Economic and Financial Crimes Commission(EFCC), Ibrahim Magu has disclosed that the commission has recovered over N794 billion from looters alongside other items. He made this statement in Abuja on Monday,…

President Muhammadu Buhari has said that money stolen from Nigeria is stashed in major European cities, the US and other havens around the world. The president said this during an interactive session with the Nigerian community in…

Ebonyi state governor, David Umahi has said that the 30,000 minimum wage is not feasible as it requires a huge allocation of state's revenue. Revealing this on Wednesday, November 7, in Abakaliki, the governor disclosed that 95 per…

The Federal Government has faulted the report made by the United States Department of Agriculture, World Markets and Trade on the number of tonnes of rice imported into Nigeria. The document had stated that three million metric…

The National Assembly has set up a committee to probe the diversion of  1.5 billion dollars from the ‎Nigerian Liquefied Natural Gas (NLNG) dividend. The funds were diverted by the Nigerian National Petroleum Corporation to build up…

President Muhammadu Buhari has sent the 2019-2021 Medium Term Expenditure Framework and Fiscal Strategy Paper to the National Assembly for consideration and approval. The Senate President, Bukola Saraki, read the letter attached to…

Speaking on the long advocated N30,000 minimum wage, President Muhammadu Buhari has said that the demands might not be feasible to states. The Nigerian Labour Congress, TUC and ULC have agreed to commence on a nationwide strike on…

Owing to the approval of Nigerian Leather Policy the Minister of Science and Technology Ogbonnaya Onu, has said the policy will fight poverty. After the approval of the proposed policy by the Federal Executive Council (FEC), the…

Chief Executive Officer of Heritage Bank, Ifie Sekibo, has advised that Small and Medium Enterprises (SMEs) and agricultural initiatives be supported. He made a call on financial institutions and the three tiers of…

The Nigerian National Petroleum Commission has wholly disagreed with rumors of it's plan to hike fuel price. Legit.ng reports that the group manager, group public affairs, Ndu Ughamadu released a statement on Tuesday October 30 in…

FirstBank Nigeria battles Arisekola Alao’s company over N8.5 billion debt – As reported by financialwatchngr, In bid to recover a debt of N8,856,570,029.81 from Lister Flour Mills Nigeria limited a company promoted and predominantly owned…