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Tag "nigeria"

‘Healthy’ Skye Bank gets CBN loan to ‘operate efficiently’

    ‘Healthy’ Skye Bank gets CBN loan to ‘operate efficiently’

Skye Bank, Nigeria’s eighth biggest lender, has got a Central Bank of Nigeria (CBN) loan facility to stay liquid in the midst of current challenges. A source at the CBN

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THE LIST: No Nigerian company in the world’s top 500

    THE LIST: No Nigerian company in the world’s top 500

No Nigerian company is listed on Fortune Global 500 list, which measures the biggest companies in the world by revenue, profit and staff strength.  The list, which was released on

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Adio: With oil wealth Nigeria should be like UAE

    Adio: With oil wealth Nigeria should be like UAE

Waziri Adio, the executive secretary, Nigerian Extractive Industries Transparency Initiative (NEITI), says Nigeria has no business having 110 million people living in poverty. During his visit to the News Agency

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Shittu: Nigeria loses N127bn to cybercrime — NSA will stop this

    Shittu: Nigeria loses N127bn to cybercrime — NSA will stop this

Adebayo Shittu, the minister of communications, says Nigeria is losing about N127 billion, which is 0.8 per cent of the country’s Gross Domestic Products (GDP), to cybercrime yearly. Shittu said

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Ekweremadu: ‘Feeding bottle federalism’ responsible for Nigeria’s problems

  Ekweremadu: ‘Feeding bottle federalism’ responsible for Nigeria’s problems

Ike Ekweremadu, deputy senate president, has reiterated his belief in the fact that restructuring can solve Nigeria’s economic challenges. The

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IMF cuts Nigeria’s 2016 GDP growth forecast to -1.8% — lowest in 29 years

  IMF cuts Nigeria’s 2016 GDP growth forecast to -1.8% — lowest in 29 years

The International Monetary Fund (IMF)  has cut Nigeria’s gross domestic product (GDP) growth drastically, from the projected 2.3 percent in

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Ngige: Nigeria-US trade on a downward swing

  Ngige: Nigeria-US trade on a downward swing

Trading between Nigeria and the United States (US) has drastically reduced, Chris Ngige, minister of labour and employment, said on Monday.

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Usman declares ‘zero tolerance’ for corruption at seaports

  Usman declares ‘zero tolerance’ for corruption at seaports

Hadiza Bala Usman, managing director of the Nigerian Ports Authority (NPA), assumed office in Lagos on Monday with a vow to flush out

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I’m worried that judiciary has not lived up to expectation, says Buhari

  I’m worried that judiciary has not lived up to expectation, says Buhari

President Muhammadu Buhari says he is worried that the expectation of the public is yet to be met by the

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Inflation hits highest point since Obasanjo era

  Inflation hits highest point since Obasanjo era

The consumer price index (CPI) measuring inflation in the Nigerian economy rose to its highest point since former President Olusegun Obasanjo’s

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