Obinna Chima

Alleged N13.5bn Debt: You Lied, There Was No Supreme Court Judgement in Your Favour, Honeywell Group Replies Ecobank

It urged the parent company of FirstBank to ignore Ecobank's request that the holdco should reject the recent investment in…

1 year ago

World Bank Clears Air on Nigeria’s $800M Loan, Says Decision To Draw Down Facility Rests With Incoming Government

Chaudhuri stated the need to eliminate the payment for fuel subsidy in order to create fiscal space for other activities…

2 years ago

Akpabio Reaches Out to Aggrieved Senators-Elect

He said the senate under his leadership would have a complete control over its affairs without being confrontational with the…

2 years ago

In Major Crowdfunding, Nigerians in Diaspora Move to Raise $150m, N100bn for Peter Obi’s Campaign

They are targeting small contributions from supporters largely from the grassroots to help the LP set up more structures across…

2 years ago

UBA Launches Dubai Branch as Part of EMEA Expansion

The UBA Group will now be able to harness opportunities in the Middle East, Africa and South Asia.

2 years ago

Nigeria: FIRS to the Rescue as Subsidy Gulps NNPC’s Revenue

With a major chunk of the Nigerian National Petroleum Company Limited’s (NNPC) monthly revenue now being channeled to the payment…

2 years ago

Worsening Insecurity in Nigeria Worries IMF

The International Monetary Fund (IMF) has expressed concern over the deteriorating level of security conditions in Nigeria, stressing that it…

2 years ago

Nigeria Declines Consent to Seplat, Mobil Oil Producing Assets Acquisition Deal

Nigeria's federal government has declined its consent to the proposed acquisition of oil and gas assets belonging to Mobil Oil…

3 years ago

Nigeria’s Central Bank Chief Emefiele Defends Exchange Rate Policy, Says Country Facing Peculiar Challenges

Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, on Thursday defended the apex bank’s managed-float exchange rate system, stressing…

3 years ago

World Bank: Deep Structural Reforms Urgently Needed to Lift Millions of Nigerians Out of Poverty

The World Bank has identified sluggish growth, low human capital, labor market weaknesses and exposure to shocks as factors holding…

3 years ago