12.3bn MISSING IN ISOPADEC~ AUDIT REPORTS
The Imo State Government has vowed to recover N12.3bn said to be unaccounted for in the financial records of the Imo State Oil Producing Areas Development Commission, simply known as…
Third Mainland Bridge: Low patronage may mar helicopter services
The hope of helicopter shuttle services operators to cash on the partial closure of Lagos Third Mainland Bridge may be marred by low patronage. Chief Operating Officer of Tropical Arctic…
AU restates support for Adesina’s second term bid as AfDB president
The African Union has congratulated Nigerian-born African Development Bank President, Akinwumi Adesina, on the clearing of all allegations levelled against him at the bank. The continental body also restated its…
ENUGU CIVIL SERVANTS TO RESUME WORK ON AUGUST 3
Governor Ifeanyi Ugwuanyi of Enugu State on Wednesday directed all civil servants in the state to resume work from Monday, August 3, 2020. Following the outbreak of coronavirus pandemic in…
UGWUANYI APPROVES THE REVISED 2020 BUDGET
The Executive Governor of Enugu State, Ifeanyi Ugwuanyi has signed the revised 2020 budget of N146,374,641,080.00 into law, as against the earlier approved budget of N169,557,658,300.00. The revised 2020 budget…
KANO, KEBBI, OTHERS RECEIVE $500M LOAN FROM WORLD BANK
The World Bank has approved a $500 million credit to improve secondary education among females in seven Nigerian states namely Kano, Kebbi, Kaduna, Katsina, Borno, Plateau, and Ekiti. A statement…
NIGERIA SAVED N21BN USING IIPPIS, SAYS FG
The Federal Government on Tuesday announced that it saved N21bn by implementing the Integrated Personnel Payroll Information System across ministries, departments and agencies. It also stated the government was saving…
COVID-19 HAS MADE FINANCIAL ACCESS HARD, SAYS LCCI
The President, Lagos Chamber of Commerce and Industry, Mrs Toki Mabogunje, says that the COVID-19 pandemic has increased the risks and uncertainties around access to finance for the private sector…
BANKS SHAKE AS CBN SHORES UP NAIRA
The Central Bank of Nigeria has debited about N900bn out of the local banking system since raising the cash reserve ratio by five per cent to 27.5 per cent in…
NAIRA DROPS TO #472/$, AS FOREX SCARCITY PERSISTS
The naira on Tuesday traded at N472 to a dollar at the parallel market as foreign exchange scarcity persisted. The exchange rate was N440/$ in the parallel market in June,…














