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The Senate last December urged President Muhammadu Buhari to suspend and ensure the prosecution of the SGF for alleged breach of the law in handling contracts awarded by the PINE. The Senate’s resolution followed the presentation of the report on the humanitarian crisis in the Northeast by the ad-hoc committee. ...

Oyetunji Abioye The naira is likely to strengthen further on the black market as the Central Bank of Nigeria steps its interventions in the foreign exchange market. According to currency analysts and economic experts, the naira will record further gain in the coming days as the CBN aims to narrow ...

Adelani Adepegba, Abuja  The police in Abuja have begun hunt for some gunmen who robbed a bullion van and killed two policemen on Tuesday in Kubwa, a suburb of the Federal Capital Territory. Northern City News gathered that the policemen were escorting officials of a micro-finance bank to the bank’s ...

Members of the Organised Private Sector (OPS), including Manufacturers’ Association of Nigeria (MAN), have disagreed with the Central Bank of Nigeria (CBN) that they received $2.83 forex. The apex bank announced penultimate Thursday that it had disbursed $2.83 billion for utilisation in the critical sectors of the economy between December ...

…Moves to set up bankable data As part of efforts to curb the lingering problem of illegal mining in Nigeria, which the country is said to be losing $500million from, the federal government has hinted that efforts are ongoing to partner with China, South Africa and other mining countries to ...

Hon Olajide Olatubosun represents Shaki east/Shaki west/Atisbo Federal constituency of Oyo State and in this interview with RUTH CHOJI, the chartered accountant stated that, Nigeria should start with fiscal federalism because this country has so much potentials but the people are just holding themselves down economy concern you? I am ...

In Nigeria, agriculture remains the largest sector of the economy. Hibiscus flowers (Zobo) are multi coloured and varied and are annual herbs cultivated for their leaves, stem, seed and calyce. It grows nearly throughout the year, though its peak production is during the dry season of November to April of ...

The Bank of Japan’s chief said Friday the central bank would not raise its long-term government debt yield target despite upward pressure from recent rises in overseas interest rates. The central bank’s “monetary policy should be designed to achieve the price stability target of 2 percent, responding to the situation ...

Every spring people across Japan are enraptured as the cherry trees explode into bloom, clothing the country in pink. The blossoms last for only a few short weeks, but in that time the fleeting flowers make for good business. The blossoms are a gift to corporate marketers and a boon ...