Vice-President Kashim Shettima has urged Nigerians to rise above ethnic, religious and political differences to confront common challenges bedevilling the country, reminding them of the need to make sacrifices amid…
Read More Tinubu’s harsh economic reforms necessary; Nigerians should make sacrifices – ShettimaCategory: Economy
NDIC reiterates commitment to strong deposit insurance funding to enhance financial system stability
The Nigeria Deposit Insurance Corporation (NDIC) has reaffirmed its commitment to continuously strengthening its Deposit Insurance Funds (DIFs) as part of efforts to promote the stability and resilience of the…
Read More NDIC reiterates commitment to strong deposit insurance funding to enhance financial system stabilityFG cancels $717.7m World Bank power intervention loan
The Federal Government has cancelled $717.7m in undisbursed World Bank intervention financing designed to revive Nigeria’s struggling electricity sector. The cancellation followed a formal request by the Federal Government and…
Read More FG cancels $717.7m World Bank power intervention loanS&P: Dangote refinery driving Nigeria’s economic resurgence
The Dangote Petroleum Refinery & Petrochemicals is emerging as a major driver of Nigeria’s improving economic outlook, following the country’s sovereign credit rating upgrade by S&P Global Ratings. In its…
Read More S&P: Dangote refinery driving Nigeria’s economic resurgenceAirlines’ Debts: NCAA suspends ‘no pay, no service’ directive against Caverton Helicopters, Air Peace, others
The Nigeria Civil Aviation Authority has temporarily suspended enforcement of its “no pay, no service” directive against airlines with outstanding statutory remittances, citing concerns about the industry’s current operational realities.…
Read More Airlines’ Debts: NCAA suspends ‘no pay, no service’ directive against Caverton Helicopters, Air Peace, others
