Nigeria’s bilateral trade relationship with the United Kingdom (UK) is said to be worth £4.2 billion per annum. Britain’s Minister for Africa, Harriet Baldwin, who made this known yesterday in Abuja on the sideline of the visit of the British Prime Minister, Theresa May to Nigeria, praised the trade relations between the two countries, saying […]

MTN Nigeria yesterday rejected the allegation that it repatriated $8.1 billion illegally. The Central Bank of Nigeria (CBN) asked the company to refund the cash. The telco insisted that all the dividends it paid to its shareholders between 2007 and 2015 were approved by the apex bank. The company was reacting to the claim of […]

The Federal, States and Local Government shared N714.8 billion as revenue generated in July which shows a decline of N107.1 billion when compared to what was generated in June. The Minister of Finance, Mrs Kemi Adeosun while briefing journalists in Abuja on the outcome of the monthly Federation Account Allocation Committee (FAAC) meeting, highlighted several factors that impacted negatively […]