•Access, Fidelity, Zenith lend states N46bn in six months as govs battle poor IGR •Fiscal Responsibility Commission issues guidelines to banks on lending to states,
Category: Business
Naira among Africa’s worst currencies, falls by 40% –W’Bank
The Nigerian naira is among the worst-performing currencies in Africa, the World Bank has said. It noted that the currency weakened by nearly 40 per
FG, Labour reach truce, planned strike suspended for one month
By Victor AhiumaYoung & Johnbosco Agbakwuru, LAGOS Organised Labour last night suspended its planned nationwide strike for one month following an agreement with the Federal Government.
STRIKE: Nigeria to lose over N50bn on Day One, experts warn
By Peter Egwuatu, Asst. Business Editor, Yinka Kolawole & Nkiruka Nnorom Experts in key sectors of the economy have cautioned that the nation risks losing
Strike: NLC talks tough, sends strong message to Nigerians
By Victor Ahiuma-Young As Nigerians today mark the nation’s 63 Independence anniversary, Organised Labour, yesterday, asked citizens, irrespective of ethnic, religious and political differences, to
FG, states, LGs share N1.1tn August revenue
The Federation Account Allocation Committee says it shared N1.1tn among the three tiers of government for August 2023. FAAC disclosed this in a communiqué issued
Escalating cost of Grains: Lagos Poultry Farmers Cry Out for Help, Seek Import License
The Poultry Association of Nigeria (PAN), Lagos wing, has raised an alarm over the dire state of the poultry industry in the country. The chairman
Military intercepts N388m stolen crude, arrests 22
The military high command said, on Thursday, that troops on operation in the Niger Delta area foiled the theft of crude oil to the tune
Media Consortium tasks corporate organisations on innovative strategies to engage consumers
At this year Media Consortium’s Conference & Awards centered on Consumer Journey in a digital age: Prospects and Challenges, the marketing body has tasked corporate
NOVA Merchant Bank sponsors paediatric surgery of 50 children
NOVA Merchant Bank has sponsored a Pediatric Surgical Intervention, as part of its 2023 Environmental, Social and Governance (ESG) program, specifically within its UPLIFT initiative project.
