Banks’ lending rates discouraging productivity, say manufacturers
Most manufacturers have said the commercial banks’ lending rates are discouraging productivity in the nation’s manufacturing sector, the Manufacturers Association of Nigeria has said. MAN revealed in a report that…
Senate resolves rift between Seven-Up, Bigi
The intervention of the Senate has led to the resolution of the crisis between the managements of Seven-Up Bottling Company Plc and Rite Foods Limited, producers of Bigi Soft drinks.…
Nigeria targeting 30% electricity from renewables by 2030 – Osinbajo
Vice-President Yemi Osinbajo on Thursday has said Nigeria plans to have 30 per cent of its electricity supply from renewables by 2030. According to a statement by his Senior Special…
Reps sound tough as NNPC, others shun summons
The House of Representatives Committee on Public Accounts on Thursday criticised the Group Managing Director of the Nigerian National Petroleum Corporation, Melee Kyari, and heads of the corporation’s subsidiaries for…
We’re ready to resume petrol importation, say marketers
Oil marketers have said they are ready to resume importation of Premium Motor Spirit (petrol) if foreign exchange is made available to them at a competitive rate The Chairman, Major…
Senate summons Emefiele, SEC DG over Cryptocurrency ban
The Senate on Thursday summoned the Governor of Central Bank of Nigeria, Godwin Emefiele, and Director General of the Security and Exchange Commission, Lamido Yuguda, over the decision of the…
Miyetti Allah, Hausa community back Ekiti on herders’ registration
The Miyetti Allah Cattle Breeders Association of Nigeria and the Hausa community in Ekiti State, on Thursday, threw their weight behind the state government’s plan to register herdsmen in the…
Why we decided to regulate crypto assets, others –SEC
The Securities and Exchange Commission has said it decided to provide regulatory certainty within the digital asset space last year due to the growing volume of reported flows. SEC, the…
FG to auction N150bn February bonds
The Debt Management Office has said the Federal Government will auction N150bn worth of bonds by subscription on February 17. A circular by the DMO on Thursday showed that a…
BREAKING: Senate Orders CBN Governor, DG SEC to Appear Before It for Banning Bitcoin & Other Cryptos
The Senate has ordered the Central Bank Governor and Director-General of Securities and Exchange Commission to appear before it over reports that it banned cryptocurrencies in the country. The senate has…














