Business

AMCON to divest from Aero Contractors

The Asset Management Corporation of Nigeria is set to divest its interest in Aero Contractors, the Chief Executive Officer of the airline, Capt. Ado...

China cuts bank reserves by $100bn to cushion US tariffs

China is cutting the amount of reserves the country’s banks are required to keep on deposit at the central bank, freeing up more than...

Interbank Lending Falls As Nigerian Govt Redeems N444 Billion T-Bills

There was near excess in the quantity of money in circulation last week, save for the increased mop up exercise by the Central Bank...

EXPOSED: Full list of public officials who ‘hijacked’ CCECC railway scholarships

The ministers and other top officials who allegedly hijacked a scholarship scheme for young Nigerians put in place by Chinese firm, CCECC, have been...

NUPENG rejects budget cut in allocation to Lagos-Ibadan road, others

The leadership of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has expressed displeasure at National Assembly’s cut in his year’s budgetary...

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