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Debt repayments in crude cripple poorer oil producers

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Poorer oil-producing countries which took out loans to be repaid in oil when the price was higher are having to send three times as...

Bank MD says MFB has potentials to boost economy

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Mr Akin Lawal, Managing Director, Nigeria Police Force (NPF) Microfinance Bank Plc., on Monday said that the microfinance sub-sector had huge potentials that could...

CBN seen loosening stranglehold on naira

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Nigerian policy makers may be about to loosen their stranglehold on the nation’s currency. The central bank of Africa’s biggest economy will decide Tuesday on...

Court rules on Metuh’s request for international passport on May 25

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A Federal High Court on Monday fixed May 25 for ruling on PDP spokesman, Olisa Metuh, request for his international passport to travel to...

Enugu allocates land for commercial agriculture

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The Enugu State Government has allocated 750 hectares of arable land for commercial agriculture programme for youths and women in the state, Mr Michael...

Court orders Fani-Kayode’s remand in EFCC custody for 3 weeks

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An Ikeja Magistrates' Court in Lagos on Monday ordered the remand of Mr Femi Fani-Kayode, a former Minister of Aviation in the custody of...

Oil prices fall on strong dollar, firm global supply

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Oil prices fell in Asian trade on Monday on a strong dollar and signs that global crude supply is holding up even as volumes...

Buhari cancels planned Lagos visit

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President Muhammadu Buhari has put off his planned and hyped two-day state visit to Lagos State. Femi Adesina, special adviser to the President on media...

Court overrules FG, grants Dasuki neutral access to his lawyers

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Justice Husseini Baba Yusuf of a Federal Capital Territory High Court, has overruled the Federal Government in its decision to confine the detained former...

Jonathan paid Metuh N400 million to “launder” his image – witness

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Anthony Okeke, a former acting national publicity secretary of the Peoples Democratic Party (PDP), has said former President Goodluck Jonathan, had to disburse the...