Authorities of the Central Bank of Nigeria (CBN) have blamed commercial banks for being responsible for increasing volume of dirty, torn and rough currency notes in...
Minister of the Federal Capital Territory (FCT), Senator Bala Mohammed has disclosed the FCT administration’s intention to demolish 31 more alleged illegal estates. The minister made...
Security was beefed up at Shell facilities at the Industrial Area, Port Harcourt yesterday following a protest by a group of unemployed graduates of Niger Delta....
Abuja Carnival is to receive great boost next year as the Federal Government has proposed a 300 per cent increased funding for the annual cultural fiesta....
The Nigeria Deposit Insurance Corporation (NDIC) said it had paid N2.024 billion to about 70,424 depositors of closed Microfinance Banks (MFBs) as at August 2011. This...
The House of Representatives last Thursday, expressed worry over the continued low level of releases of capital allocation by the Ministry of Finance, to Ministries, Departments...
The Lagos State Internal Revenue Service (LIRS), has sealed eight companies for failing to remit taxes amounting to N28. 3 million. The Tide Source who accompanied...
Vice President Namadi Sambo last Thursday said that successful bidders for investment in the power sector are to pay 25 per cent of the bids as...
A former governor of Lagos State, Alhaji Lateef Jakande, has urged the Federal Government to diversify the economy to reduce Nigeria’s over-dependence on petroleum. Jakande told...
The Federal Executive Council (FEC) has approved N4.333 billion contract for the procurement of trains and coaches, Transport Minister Idris Umar, said. Umar disclosed this after...