Tuesday, June 16, 2026
Senate summons finance minister over N1.8trn power intervention funds
The senate committee on power, said on Thursday that it has perfected plans to begin a three-day investigative hearing with...
Read moreDetailsP&G advocates strengthening intra Africa trade at American Business Council’s AfCFTA webinar
Proctor and Gamble, the American multinational consumer goods company with a strong presence in Nigeria, says it is a firm...
Read moreDetailsSenate queries CBN over $3.3bn unremitted foreign tax
The senate has queried the Central Bank of Nigeria over alleged unremitted $3.3bn from the $21.3bn collected by the Federal...
Read moreDetailsCOVID-19: NAICOM relaxes deadline for recapitalization of insurance companies
By Omobayo Azeez The National Insurance Commission (NAICOM) has extended deadlines for recapitalization of insurance companies in Nigeria even as...
Read moreDetailsOil rebound eases concerns about devaluation of Nigeria’s naira
The rebound in oil prices has given Nigeria’s naira a reprieve, easing investors’ concern that a steep devaluation may be...
Read moreDetailsBrent oil rises to $40 amid hopes for recovery
Oil rose on Wednesday, with Brent at $40 for the first time since March, as optimism mounted that major producers...
Read moreDetailsN’Assembly raises 2020 budget oil price benchmark to $28
The National Assembly yesterday increased the oil price benchmark to $28 per barrel from the $25 proposed by the executive...
Read moreDetailsForeign reserves gained $2.7bn in one month –CBN
The nation’s foreign reserves rose by $2.7bn in May after declining for several months, figures from the Central Bank of...
Read moreDetailsRevised budget: FG gives National Assembly N27bn for renovation, cuts health, UBE votes
The federal government has reduced the N37bn budget for the renovation of the National Assembly complex to N27.7bn. The federal...
Read moreDetailsSenate approves Buhari’s $5.5bn loan request
The senate on Tuesday approved the $5,513,000,000 external loan request submitted by president Muhammadu Buhari last week Thursday. Ahmad Lawan,...
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