Transcorp Hotels posts 84% jump in 2021 half year results
MEDIATRACNET Nigeria's hospitality industry appears to have recovered substantially from the devastation of COVID-19 pandemic, as Transcorp Hotels Plc on...
Electricity: Nigerian govt cuts gas price to power projects by 12.8%
MEDIATRACNET The Federal Government has announced the downward review of the price of gas supply to power projects in the...
BDCs: CBN must proceed to demand law restricting FOREX trading to licensed banks -Economist
MEDIATRACNET The Central Bank of Nigeria (CBN) must go beyond just stopping the sale of foreign exchange to bureau de...
Electricity supply returns to FCT, environs, as TCN restores national grid
MEDIATRACNET Normal supply of electricity to consumers in Abuja and its environs resumed on Wednesday after the Transmission Company of...
Extractive industries Audits: NEITI, EFCC seal pact on enforcing remediation actions, others
MEDIATRACNET The Economic and Financial Crimes Commission (EFCC) has agreed to work with the Nigerian Extractive Industries Transparency Initiative (NEITI)...
INTERVIEW: BDCs turned themselves into agents, facilitators of graft, corruption with FOREX, says CBN
MEDIATRACNET EXCERPTS: QUES: Does the political authority support the CBN’s decision on BDCs and the FOREX allocation? EMEFIELE: It is...
What Nigerian govt’s doing to tackle inflation, other causes of food insecurity – VP
MEDIATRACNET The Federal Government is complementing existing development plans, sectoral strategies, and prioritizing investments in specific innovations and technologies to...
Why MPC retained all monetary policy parameters – Emefiele
MEDIATRACNET The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) said the decision to retain all monetary...
Despite receiving one of the highest FAAC allocations, Akwa Ibom State debt profile alarming, group says
MEDIATRACNET Despite belonging to the elite group of states receiving the highest allocations from the Federation Account every month, the...
CBN indicts foreign embassies, others in massive FOREX racketeering in Nigeria
MEDIATRACNET The Central Bank of Nigeria (CBN) on Tuesday accused foreign embassies, development finance institutions and international development organizations in...
