Nigeria inflation is expected to rise up to 14.15% at the end of December, the central bank said, citing supply shocks due to fall in economic activity and disruptions caused by the novel coronavirus pandemic. Inflation climbed to 12.82% in July, its eleventh month rise, to remain at its highest level in more than two […]
The Central Bank of Nigeria (CBN) and 14 other banks out of the 17 ordered by an FCT High Court to show cause why plea for garnishee of alleged accounts operated by Imo Government should not be made absolute, had denied overseeing the state’s accounts. The denials were contained in the respondents briefs filed by […]
The Nigerian Communications Commission on Friday said it remitted over N362.34bn as revenue in five years to the Federal Government’s consolidated revenue account. Executive Vice Chairman, NCC, Umar Danbatta, said this in his presentation to Course 29 Participants at the National Defence College Abuja. He stated that the role of telecommunications was critical to the […]