Debtors Shiver, As CBN Will Publish List By August
About N400 billion bad debts outstanding in the banking sector is causing panic in the industry and most of the debtors are individuals who have…

Read More

[OIL CURSE] Angola Seeks Debt Moratorium From $20b Debt It Owes China

Angola’s President Jose Eduardo dos Santos has asked China for a two-year moratorium on debt repayments, state media reported on Thursday, as Africa’s second largest…
Read More

 

Lagos Will Never Experience Black-Out – Dangote

Plans have been concluded to construct a gas pipeline to address power supply challenges in Lagos State. President of Dangote Group, Aliko Dangote disclosed this…

 

Do Not Increase Tariff, Court Orders NERC

A Federal High Court in Lagos yesterday reinstated its earlier order restraining the Nigerian Electricity Regulatory Commission (NERC) from implementing the new electricity tariff scheduled…

All Hail ‘Emperor’ Emefiele As Inflation Rate Jumps To Highest In 2 Years
The National Bureau of Statistics has reported that inflation rate for the month of May was 9%. This represents a 0.3% rise from April 2014 and…
Read More