News
Economic Analysis
Stanbic IBTC risks losing N268bn, $4.5m in litigations as bank highlights 12-year-old court case against AMCON
STANBIC IBTC has explained its 12-year-old case against the Asset Management Corporation of Nigeria (AMCON) but the lender risks losing N268.274 billion, $4.4 million...
Agribusiness
Again, militants kill one more Okomu Oil worker, demand 25% of company shares
IN a rather bizarre situation, Okomu Oil is facing an intense attack from militants who killed one more worker...
Banking and Finance
How banks, POS operators collude to worsen Nigeria’s cash scarcity
At the heart of Kubwa, the Federal Capital Territory, Abuja, on Saturday, a point of sale (PoS) operator withdrew...
Interview
Kalu Aja to Tinubu: Give families cash to spend, waive taxes, import food
MR Kalu Aja is a Certified Financial Education Instructor and an expert at capital market operations, investment, asset management, and economics. He worked at...
Big Investigations
Rivers State earns N55bn from transport tax but less than 1% goes into government purse
IN the southern Nigerian state of Rivers, road tax is collected by non-state actors. And these individuals pocket nearly everything.
This investigation reveals for the...
Fact-Check
Government Business
Banking and Finance
More troubles for Emefiele as ex-CBN director admits collecting $600,000 bribe on his instruction
A former Director of Procurement and Support Services at the Central Bank of Nigeria (CBN), Mr John Ikechukwu Ayoh, says...
Political Economy
Democracies
Fubara activates Plan B as Tinubu claims neutrality in Rivers State crisis, Wike camp unsettled
GOVERNOR Sim Fubara has activated Plan B in Rivers State crisis, which will see him take total control of...
Education
Business
Polaris Bank loses N26bn loans granted to 6 ex-directors without collaterals
...one ex-director with N31bn loan placed on watchlist
POLARIS Bank has lost N26.005 billion worth of loans granted to 6...
Environment
Business
International firms exit Nigeria leaving oil communities worse off
INTERNATIONAL firms are announcing exits and selling their assets in Nigeria, but they are leaving oil communities where they...