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CBN hits back at NESG, says ‘we averted a major food crisis’

    CBN hits back at NESG, says ‘we averted a major food crisis’

The Central Bank of Nigeria (CBN) says it saved Nigeria from a major food crisis during the thick of the COVID-19 lockdown. In a statement signed on Tuesday by Isaac

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Nigeria’s biggest banks see 10% drop in H1 account maintenance, e-banking income

    Nigeria’s biggest banks see 10% drop in H1 account maintenance, e-banking income

Nigeria’s tier-1 banks saw a 10 percent decline in net income generated from fees and commission in the first half of the year, according to an analysis done by TheCable.

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Shoprite announces plan to exit Kenya

    Shoprite announces plan to exit Kenya

Shoprite, Africa’s largest food retailer, has announced plans to close its stores in Kenya. This comes after the company announced in August that it had begun the formal process of

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Malami on P&ID: It’s possible many heads will roll

    Malami on P&ID: It’s possible many heads will roll

Abubakar Malami, the attorney-general of the federation, says the Nigerians involved in compromising the processes in awarding the gas supply and processing contract with Process & Industrial Development will face

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NEITI: FAAC quarterly disbursement declining since Q3 2019

    NEITI: FAAC quarterly disbursement declining since Q3 2019

Allocations paid to the three tiers of government by the federation accounts allocation committee (FAAC) have dropped three consecutive times

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FRC: Audit regulation will attract patient capital, safe space for investors

    FRC: Audit regulation will attract patient capital, safe space for investors

The Financial Reporting Council (FRC) says the 2020 audit regulation, when completed, will attract patient capital into the country from

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THE INSIDER: Buhari re-appointed NDPHC MD after Osinbajo’s initial objection

    THE INSIDER: Buhari re-appointed NDPHC MD after Osinbajo’s initial objection

Chiedu Ugbo was reappointed managing director of the Niger Delta Power Holding Company (NDPHC) in spite of initial reluctance by

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Don’t encourage policies that make Nigerians poorer, NESG tells FG

    Don’t encourage policies that make Nigerians poorer, NESG tells FG

The Nigerian Economic Summit Group (NESG) has advised the federal government not to encourage policies that make Nigerians poorer. In

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Foreign investors propose $5bn renewable energy project

    Foreign investors propose $5bn renewable energy project

A consortium of foreign investors looking to invest $5 billion in renewable energy projects across the country presented their proposal

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Buhari: Borrowing to subsidise electricity is grossly irresponsible

    Buhari: Borrowing to subsidise electricity is grossly irresponsible

President Muhammadu Buhari says it is irresponsible to keep borrowing money to subside the generation and distribution of electricity. Buhari,

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