Where Is $7bn CBN Placed With 14 Banks?
By our business correspondent THE subject of the narrative, in this column, last week, was the $7bn which Festus Odoko, former CBN Corporate Affairs Director, confirmed had been deposited with…
NPA/Truck Owners Adopt Temporary Call-Up System To Ease Apapa Gridlock
A coalition of the Association of Maritime Truck Owners (AMATO) and Container Truck Owners Association (COTOAN) have expressed confidence at easing the Apapa gridlock, through a temporary manual call-up system…
War Against Energy Crazy Bills
THE overwhelming importance of estimated electricity billing, otherwise known as “crazy bills”, was demonstrated recently when a bill sponsored by the Majority Leader of the House of Representatives, Hon. Femi…
Nigeria Loses N1trn Annually To Lack Of National Trade Platform At Seaports
By our corrspondents The absence of a National Single Window (NSW) platform at Nigeria’s seaports is costing the federal government a whopping N1.08trillion in customs revenue annually, Premier has gathered…
Court To Hear Contempt application Over Etisalat Sale
Eniola Olayemi Federal High Court in Abuja has warned the Central Bank of Nigeria (CBN), the Nigerian Telecommunication Commission (NCC) and others involved in the transaction for the sale…
Experts Decry Delay In Passage Of Budget
Financial experts have decried the recurring delays in the passage of the annual national budgets, which appear to have become a culture. The experts who spoke in separate interviews, say…
Why News Of Tomato Import Ban No Longer Interests Farmers
In the last seven years, news of banning tomato paste and concentrate importation has always been in the media, most times, dying down after two weeks. Several summits have…
Dangote, 5 Others Partner FG On Road Construction Across States
Govt’ll save billions of naira —Dangote Dangote Industries Limited and five other companies partnering the Federal Government to construct and refurbish roads across the country. The other companies are Lafarge…
Banks Aiding Politicians In Vote Buying Says EFCC
Eniola Olayemi It is also worthy of note that illicit financial flows during election are a common denominator and can be tied to vote buying. Politicians either bring in…
FAAC: FG, States, LGAs Shared N8.5tr In 2018 Says NEITI
by Lukman Amusa The Nigeria Extractive Industries Transparency Initiative (NEITI) in its latest quarterly review has disclosed that the Federation Allocation Account Committee (FAAC) has disbursed N8.52 trillion to the…
