LAGOS – The legal battle between some shareholders of Union Bank Plc, Finbank Plc, Intercontinental Bank Plc, Afribank Plc and the Central Bank of Nigeria, CBN, over the take-over of their banks and in some cases, sale of their banks to other banks even when there are pending cases in […]

ABUJA – Faced with an unbridled demand for the dollar at the foreign exchange market, forex, leading to consistent crash in the Naira, the Central Bank of Nigeria, CBN, has launched an investigation into utilisation of foreign exchange bought from its official outlet, the Wholesale Dutch Auction System, WDAS, by end-users. […]

LAGOS – Organised labour, weekend, gave conditions to government before embarking on total removal of subsidy on petroleum products. It said government must give a definite deadline to end importation of petroleum products into country and specific details on how the money realised from subsidy removal would be spent. President-General […]