March 8, 2016March 8, 2016/Punch Akinpelu Dada and Oyetunji Abioye The President, Dangote Industries, Aliko Dangote, has said his company should be able to generate about 12,000 megawatts of electricity for the country by 2018. He also said that his business estate would start selling foreign exchange to the Central […]
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$20bn idle in Nigerians’ domiciliary accounts –CBN
March 4, 2016 By Sunday Aborisade The Central Bank of Nigeria on Thursday raised the alarm that about $20bn (N3.94tn) was lying idle in different domiciliary accounts of the citizens. The Deputy Governor, Financial System Surveillance, CBN, Dr. Joseph Nnana, stated this during a meeting of the Joint Appropriation Committees […]
Scarcity: Petrol sells for N200 on black market
March 1, 2016 As the scarcity of petrol continued on Monday across the country, illegal hawkers of the commodity on the black markets resurfaced in parts of Lagos, Abuja and other cities, selling the product for between N120 and N200 per litre to desperate motorists and other users. The official […]
