Nigeria records $8.99bn investment interests in Q3







The Nigerian Investment Promotion Commission (NIPC) has said that the country attracted over $8.99 billion investment in the third quarter of 2021. The NIPC Director of Strategic Services, Abubakar Yerima, stated that the $8.99 billion investment tracked in Q3 of 2021 is higher than the $3.95 billion recorded in the same period of 2020 representing a growth of 130 percent…..



CBN, SEC sanction five banks over forex offence, money laundering





The Central Bank of Nigeria and the Securities and Exchange Commission have sanctioned five major banks for committing over 20 various infractions, including the violation of foreign exchange market and anti-money laundering regulations….





Nigeria needs sustainable fiscal measures to fight recession, insecurity







For Nigeria’s fiscal and monetary measures needed to fight economic recession and insecurity to be sustainable, there is need for government at all levels to be more accountable and imbibe fiscal discipline to minimize waste of limited resources….\





Privatisation: Consumers demand review as power generation drops to 3,844MW







Power generation in Nigeria dropped from a peak of 4,224.9MW on Sunday to 3,844.3MW by 6am on Monday, data obtained from the Federal Ministry of Power show….