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Ifeanyi Onuba and ’Femi Asu The Central Bank of Nigeria on Thursday said it would on Friday release the sum of $100m to authorised dealers to meet the requests of genuine customers in the interbank segment of the foreign exchange market. The release of the forex, according to the apex ...

Olalekan Adetayo, Abuja President Muhammadu Buhari on Thursday directed the Minister of Finance, Mrs. Kemi Adeosun, and the Governor of Central Bank of Nigeria, Godwin Emefiele, to immediately release the second tranche of the London-Paris Club loan refund to states. He said the presidential order should be carried out “appropriately ...

Fola Ojo, willieojo@yahoo.com I am not excited about Nigeria’s state of the union. I am not upbeat about the dismalness of the economy.The shambolic state of the country’s security is not worth jumping up and down in joy about. And nothing is sweet music right now regarding Nigeria’s power supply ...

President advises governors to pay salaries, pension STATES got a piece of cheery news yesterday. President Muhammadu Buhari directed Minister of Finance Mrs. Kemi Adeosun and Central Bank of Nigeria (CBN) Governor Godwin Emefiele to quickly facilitate the payment of the second tranche of the London-Paris Club refund to – ...

Barring the unforeseen, the implementation of the harmonised environmental law will start. BUNMI OGUNMODEDE writes on the dos and don’ts of the new environmental policy  WITH the Environmental Management and Protection Bill signed into Law by Governor Akinwunmi Ambode, the stage is set for the implementation of a new policy ...

LAGOSIANS are in for a good deal in the state’s new environmental law tagged: “Environmental Management and Protection Law”. The law, recently signed by Governor Akinwunmi Ambode, is to make the Centre of Excellence more liveable for its estimated 21 million inhabitants. Besides creating 27, 500 new jobs, the policy ...

THE Chief Registrar of the Supreme Court, Ahmed Saleh, testifying as  the second prosecution witness yesterday in the on-going trial of Justice Sylvester Ngwuta, said it is not legal for a serving judge to engage in any other business. Supreme Court Justice Ngwuta is being tried before the Federal High ...

The business end of the 2016-17 Baywide cricket season is upon us with the Williams Cup plus WBOPCA Reserve Grade and B Grade semifinals taking place this weekend.Rotorua City Cricket Club was the first name engraved on the Williams...

Newly installed U.S. Treasury Secretary Steven Mnuchin, who will make his first international outing at the Group of 20 meeting of finance ministers on Friday and Saturday, is a banker with an unusual resume. Not quite a household name before being tapped for the Treasury post by President Donald Trump, ...

U.S. Cabinet members told Japanese industry minister Hiroshige Seko on Thursday that the United States regards the fiscal stability of Toshiba Corp., the ailing parent company of Westinghouse Electric Co., as extremely important. Speaking to reporters after separate talks with Energy Secretary Rick Perry and Commerce Secretary Wilbur Ross in ...