Teleology Holdings Limited has emerged as the new owners of 9mobile. The new owners of the embattled telecom company is one of the five companies that bidded for the take…
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Category: Economy
N553bn interbank inflow to trigger CBN’s intensified liquidity mop-up
The Central Bank of Nigeria (CBN) is expected to intensify efforts to mop up liquidity from the banking system this week in response to inflow of N552 billion from matured…
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ECOWAS to strengthen collaboration with US on risk management
The Economic Community of West African States (ECOWAS) says it is strengthening its collaboration with the United States over risk management in the region through the establishment of the Early…
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Nigeria uses over 50% of her revenue to service debt- IMF
Ebun Francis| The International Monetary Fund (IMF) senior resident representative for Nigeria, Amine Mati has said that Nigeria uses more than 50 percent of her revenue to service the country’s…
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Arik, Aero will not be part of Nigeria Air- Aviation minister
Ebun Francis| The minister of state for aviation, Hadi Sirika, on Thursday dismissed claims that process that lead to suspension of the establishment of Nigeria Air was due to lack…
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