President of the African Development Bank (AfDB), Dr Akinwumi Adesina, on Wednesday maintained his innocence…
Category: Business
AfDB bows to pressure from U.S, orders an independent probe of Akinwumi Adesina
The African Development Bank (AfDB) has succumbed to pressure from the United States Government by…
OPINION: The power of markets in good governance, by Charles Iyore
“The Nigerian factor”, that’s the expression and usual retort you hear, when things are not properly…
Post-COVID-19: Global leaders at UBA Africa Day Conversation seek economic recovery
Global leaders at the second edition of United Bank for Africa African Day Conversations have emphasised…
AfDB Probe: How Ethics Committee cleared Adesina
On May 5, the Ethics Committee of the Board of Directors of the African Development Bank…
Inside AfDB ‘whistleblower’ allegations against Akinwumi Adesina
The United States government has demanded that a fresh and in-depth investigation be conducted into the…
COVID-19: We don’t have money to import food, says Buhari
President Muhammadu Buhari says Nigeria no longer has money to import food owing to the impact…
Nigeria’s GDP expands by 1.87% amid global challenges
Nigeria’s gross domestic product (GDP) expanded by 1.87% in the first quarter of 2020, according to…
AfDB: U.S. govt demands fresh probe into allegations against Adesina
Despite being cleared of all allegations of impropriety and fraud by the ethics committee of the…
Buhari frees State Legislature, Judiciary from executive funding
President Muhammadu Buhari on Friday signed into law Executive Order No. 10 of 2020 for the…
Emirates resumes passenger operations – here’s what to expect
Dubai’s Emirates has resumed limited passenger flights to a number of locations through June 30, albeit…
Malabu deal: UK court dismisses Nigeria’s $1bn suit against Shell, Eni
A UK court has ruled that Nigeria’s $1 billion suit against Royal Dutch Shell and Eni, oil giants,…
Former minister kicks against estimated billing — after N29k charge during lockdown
Omobola Johnson, a former minister of communication, says her office has been disconnected over N29,000 electricity…
Nigerians evading tax on foreign properties risk prosecution –FG
The Federal Government has threatened to prosecute citizens refusing to pay tax on their properties in…
COVID-19: Lagos reduces budget by 21%
The Lagos State Executive Council has approved review of the state’s 2020 Budget by 21 per…
Zainab Ahmed: Nigeria’s economy heading towards recession
Zainab Ahmed, the minister of finance, budget and national planning, says the economy is heading towards…
Petrol pump price may drop in June, as operators explain why NNPC cut depot price
The Nigerian National Petroleum Corporation (NNPC) took the latest decision of marking down the ex-depot price…
Refining Nigeria’s oil: Dangote’s hard fix
The Dangote Group is building Africa’s largest oil refinery – the 7th on world rankings.…
FEC approves N623m for customs to buy computers
The federal executive council (FEC) has approved N623 million for the Nigeria Customs Service (NCS) to…
Price of bread may go up 60% in Lagos
Bakers in Lagos have called on the Federal government to urgently intervene in the prices of…