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Revised 2020 budget passes second reading at senate

    Revised 2020 budget passes second reading at senate

The senate has passed the revised 2020 budget of N10.52 trillion for second reading. The passage of the appropriation bill for second reading — just about an hour after it

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‘Nearly $11m paid as ransom in four years’ — report examines Nigeria’s kidnap industry

    ‘Nearly $11m paid as ransom in four years’ — report examines Nigeria’s kidnap industry

Families and friends of kidnap victims paid $18.34 million to secure the release of their loved ones between June 2011 and March 31, 2020, a new report by SBM Intelligence

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CBN suspends repayment on intervention loans in OFIs, cuts interest rate to 5%

    CBN suspends repayment on intervention loans in OFIs, cuts interest rate to 5%

The Central Bank of Nigeria (CBN) has reduced interest rates on its facilities in other financial institutions (OFIs) from nine to five percent per annum for one year, effective from

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Buhari approves funding for first phase of Siemens power deal

    Buhari approves funding for first phase of Siemens power deal

President Muhammadu Buhari has approved the release of funds for the first phase of the Siemens electricity deal. In 2019, the president had signed a power project deal with Siemens

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FAAN: Air travellers should expect flight delays, increased fares

    FAAN: Air travellers should expect flight delays, increased fares

The Federal Airports Authority of Nigeria (FAAN) says passengers should expect flight delays and increased fares when flight operations resume.

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Nigeria to benefit as World Bank approves $346m for Lake Chad countries

    Nigeria to benefit as World Bank approves $346m for Lake Chad countries

The World Bank has approved funding totalling $346 million through the International Development Association (IDA) to help improve livelihoods in

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‘I’m innocent of trumped-up allegations’ — Akinwunmi Adesina breaks silence

    ‘I’m innocent of trumped-up allegations’ — Akinwunmi Adesina breaks silence

Akinwumi Adesina, president of the African Development Bank (AfDB), says he is innocent and will not allow allegations levelled against

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PenCom mulls diversifying investments into infrastructure, housing assets

    PenCom mulls diversifying investments into infrastructure, housing assets

The National Pension Commission (PenCom) says it is reviewing its policies to boost pension fund investments in capital market products,

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Report: AfDB succumbs to US’ demand, agrees to independent probe of Adesina

    Report: AfDB succumbs to US’ demand, agrees to independent probe of Adesina

The board of the African Development Bank (AfDB) has agreed for an independent investigation of Akinwumi Adesina, its president, Bloomberg is

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Dangote, Glo named most admired Nigerian brands in Africa

    Dangote, Glo named most admired Nigerian brands in Africa

Dangote and Globacom have been listed as the most admired brands in Nigeria by Brand Africa. In its recently released

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