Business

CBN retains 13.5 per cent lending rate benchmark

The CBN Governor, Mr Godwin Emefiele, announced the decision of the committee at the end of a two-day meeting held at the apex bank’s headquarters in Abuja.

Ngozi Okonjo-Iweala: Former minister bags honorary degree in Israel

Congratulations to the former minister.

Nigeria: FCT takes possession of demolished Carmelo club

The Federal Capital Territory Development Authority (FCDA) through its Department of Development Control (DDC) had on Monday demolished the controversial Caramelo Lounge for allegedly contravening the FCT land use regulations.

States to get N649 billion final tranche of Paris Club refund – FG

The finance minister said the amount had already been verified by the ministry as the outstanding balance to be refunded to the state governments.

Doom looms over new ponzi scam, SEC warns Nigerians

The Securities and Exchange Commission has warned Nigerians against “fraudsters” currently running an online investment scheme tagged “Loom Money Nigeria.’’

Bauchi: Sports betting business in jeopardy as lawmakers pass bill banning gambling

A lawmaker said “the bill seeks to ban all forms of gambling and its operations in the state.”

Emefiele remains CBN governor, Senate confirms

The Senate has confirmed Dr. Godwin Emefiele as Governor of the Central Bank of Nigeria (CBN) for a second term.

Expect another fuel price hike, Rewane tells Nigerians

Rewane stated this in his presentation at the Lagos Business School Breakfast Session on May 8, a copy of which was obtained by our correspondent on Tuesday.

Buhari still studying 2019 budget, Presidency says

The 2018 budget, still being implemented by the Federal Government, would run out its full cycle on June 20, reports say.

Buhari didn’t sell Nigeria to China – Amaechi

According to Mr Amaechi, Nigeria did not offer China any such comfort because the country has the ability to repay the loan.
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