The federal government has issued a three-month ultimatum to power Distribution Companies (Discos) to improve the quality of power

By Omobayo Azeez The total debt portfolio of the Nigerian government, including states and federal, stood at N27.4 trillion as of end

Banks’ non-performing loans amounted to N1.05tn as of December 2019, the National Bureau of Statistics said on Wednesday. The bureau

The ministers of finance from African countries have called for debt relief from bilateral, multilateral and commercial partners to

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By Omobayo Azeez In the light of the global pandemic of the Coronavirus Disease (COVID-19), the Security and Exchange Commission (SEC)

By Omobayo Azeez Following the order of a lockdown of Lagos, Ogun states and the federal capital territory by the federal government,

Ikeja Electric (IE) has announced the suspension of all disconnection activities of non-paying customers for a period of two weeks

MTN Group may consider a phased sale to reduce its majority stake in its Nigerian business but still plans to proceed with the

ABCON advises forex users to shun street traders The Central Bank of Nigeria has granted a two week market holidays to the bureaux de