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Capital releases will no longer be automatic – Budget minister

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ABUJA, JUNE 28, 2016 - Sen. Udoma Udo-Udoma, Minister of Budget and National Planning, says capital releases will no longer be automatic as they...

CBN to sack banks’ CEOs over late publication of accounts

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LAGOS, JUNE 28, 2016 — The Central Bank of Nigeria (CBN) has said it will sack chief executive officer and chairman of any bank...

DTSG signs MoU for Delta Commercial City project.

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 28 JUNE 2016- Delta State Government Monday 27-06-16 signed a Memorandum of Understanding with Development Partners to kick- started the construction of the...

Euro 2016: England’s manager quits after loss to Iceland

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ABUJA, JUNE 28, 2016 - Roy Hodgson has resigned as England manager after his side suffered a shock 2-1 loss to Iceland on Monday...

Banking industry remains strong, sound – NDIC Report

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Lagos, June 28, 2016 - The Nigeria Deposit Insurance Corporation (NDIC) on Tuesday said that the nation’s banking industry remained strong and sound.The NDIC...

Court strikes out Ecobank’s petition to wind up Honeywell

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LAGOS, JUNE 28, 2016 - A Federal High Court sitting in Lagos and presided over by Justice Jude K. Dagat on Monday struck out...

Buhari questions benefit of currency float amid weakened naira

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ABUJA, JUNE 28, 2016 - President Muhammadu Buhari on Monday told a gathering of business leaders that he did not see the benefit of the...

FIRS seals 3 eateries over tax evasion in Owerri

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OWERRI, JUNE 28, 2016 - The enforcement team of the Federal Inland Revenue Service (FIRS) has sealed offices of three tax-defaulting business outlets in...

FIRS seals Ifeanyi Ubah’s Capital Oil

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LAGOS, JUNE 28, 2016 - The Federal Inland Revenue Service (FIRS) resumed its enforcement exercise on Monday by shutting down tax-defaulting companies in Lagos...

Nigeria will be self-sufficient in rice production within 18 months –...

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ABUJA, JUNE 28, 2016 - President Muhammadu Buhari on Monday in Abuja said his administration would make Nigeria self-sufficient in rice production within 18...