Bad loans in Nigeria’s banking system soared to more than double the limit set by the regulator as the industry struggles with an economic downturn. The ratio of non-performing loans…
Read More Bad loans in banks above limit-EmefieleAuthor: Iheanyi Ejiofor
Nigeria sues Shell Companies for $407m
Shell Petroleum Development Company of Nigeria Limited and its allied Shell Western Supply & Trading Limited has been sued for almost $407 million as part of its battle to recover…
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Wikileaks vows to release ‘significant data’ on US election
Ebun Francis with agency reports Julian Asange, WikiLeaks founder Julian Assange has promised to release “significant” new data on the US election before the November 8 vote. Assange holed up…
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Nigeria will exit recession in 2017- IMF
Ebun Francis Nigeria’s economy will be out of recession in 2017, growing by 0.6 percent that year, according to projections by the International Fund Monetary (IMF) The IMF World Economic Outlook…
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FG set to sale Presidential Planes
Chidi Samuel The office of the National security Adviser has advertised the sale of two aircraft in the presidential fleet and directed that the bids be quoted in US dollars.…
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