Business

FG borrowed N1.3tn to subsidise power, says W’Bank report

A new report of the World Bank has revealed that the Federal Government has borrowed a total of N1.3tn since…

4 years ago

N27bn fraud: Court jails ex-Bank PHB MD, Atuche, 12 years

An Ikeja High Court has sentenced a former Managing Director of the defunct Bank PHB Plc, Francis Atuche, to 12…

4 years ago

FEC: FCT can resume N1tn land-for-infrastructure deal

The Federal Executive Council (FEC) has approved the continuation of the Federal Capital Development Authority (FCDA) land swap initiative worth…

4 years ago

Buhari seeks quick completion of NLNG’s $10bn Train 7 project

President Muhammadu Buhari has asked stakeholders in the Nigerian LNG’s $10 billion Train 7 to collaborate towards ensuring the timely…

4 years ago

Osinbajo test-drives Hyundai Kona, Nigeria’s locally-assembled electric car

Vice-President Yemi Osinbajo on Tuesday test-drove the first locally-assembled electric car, Hyundai Kona. It was during an exhibition tour of…

4 years ago

Nigeria’s inflation rate drops to 17.93%

The Consumer Price Index, which measures the rate of change in prices of goods and services, dropped to 17.93 per…

4 years ago

BMW releases two new-generation 4-Series Gran Coupes

BMW has unveiled two new second-generation 4-Series Gran Coupes for the 2022 model year, the 430i and M440i xDrive, arriving…

4 years ago

Twitter liable for lives, property lost during #EndSARS protests – FG

Minister of Information and Culture, Lai Mohammed, has said Twitter and its founder, Jack Dorsey, are liable for the loss…

4 years ago

Unmetered Disco customers can reject disputed bill – FCCPC boss

The Federal Competition and Consumer Protection Commission says unmetered customers have the right to withhold payment of disputed bills and…

4 years ago

Nigeria losing N100bn to tax fraud yearly – Report

Nigeria may have been losing about N100bn annually to tax-related frauds, participants at the 25th Anti-corruption Situation Room organised by…

4 years ago