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Bassey Udo is PREMIUM TIMES' Business & Economy Editor. He has covered finance, energy, oil, gas & extractive industries for over a decade. He is a winner of the Wole Soyinka Award for Investigative Journalism, and the Thomson Reuters Foundation (Wealth of Nations) Award for Business Reporting. Bassey is an alumnus of the U.S. International Visitors Leadership Programme. Twitter: @ba_udo
ThisDay owes its workers nine months of salaries and allowances. It also does not remit staff taxes and pensions.
The presidency says last week's meeting of the National Economic Council cconcluded that the Excess Crude Account should be left...
“FAAC did not and could not have approved, nor took the decision to withdraw the sum of $2bn from the...
All capital market operators are expected to abide by this deadline.
Transcorp seeks to raise the capacity of the plant to 2200MW by 2018.
The measure will help increase the volume of natural gas available to the power sector.
The CBN warns the BDCs against funding imports in whatever form whatsoever
NBS links proliferation of recruitment firms to jobs availability in Nigeria.
The electricity regulator says it is committed to promoting locally made goods to create jobs.
FG unilaterally spent huge payments of payments of between $1.5bn to $2 bn every year by NLNG and other agencies...
The NNPC warns consumers against panic buying, saying there was sufficient stock of products to last 25 days.
Over 40 letters complaints received from investors over alleged N5.8 bn debt.
BVN is designed to ensure safety of funds and to check losses of customers’ deposits.
The committee advises that the plan be implemented within 60 days.
Mr. Buhari says there should be distance between politics and development programmes.
The banks says it has not by its action ban importation of rice, cement, others
Manufacturers also face high indebtedness.
Although the President was elected about three months ago and should have long decided on key appointees, he claims he...
The parallel factions traded insults Tuesday.
The federal and states shared N409 billion allocation for May.
There were speculations the money had been tampered with.
The operators disagree over a plan to replace fuel subsidy with an arrangement of sending crude oil overseas for refining.
The group wants its principles integrated into the new government’s policy.
The presidency had said the details will be made public after the confirmation of the claims.
Anxiety has mounted in the states with the cancellation of the meeting.
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