News
DBN receives ‘AAA’ rating, stable outlook from ace rating agency, Agusto & Co.
MEDIATRACNET The Development Bank of Nigeria (DBN) Plc on Monday received the highest credit rating possible for any finance institution....
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Fuel subsidy gulps N390bn in 4 months as NNPC FAAC remittances keep shrinking
MEDIATRACNET Cumulative under-recovery and value shortfall by the Nigerian National Petroleum Corporation (NNPC) between February and May, 2021 stands at...
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FIRS industrial dispute: Union accuses management of harassment, intimidation, despite court’s restraining order
MEDIATRACNET Despite the intervention of the National Industrial Court of Nigeria in the industrial face-off between the Nigeria Civil Service...
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Why Nigerian govt. needs to formalize artisanal miners’ operations, says NEITI
MEDIATRACNET The Federal Government must formalize the operations of artisanal and small-scale miners to boost the contribution of the sector...
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NNPC realized ₦234.63bn from petroleum product sales in March
MEDIATRACNET About ₦234.63 billion revenue was realized from the sale of about 1.782billion litres of petroleum products in March 2021,...
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Saraki released after being quizzed by EFCC; denies arrest over corruption
The Economic and Financial Crimes Commission (EFCC) on Saturday released the former senate president, Bukola Saraki, hours after he was...
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Saraki in fresh headache; quizzed, detained by EFCC over alleged contract fraud, corruption
MEDIATRACNET The former Senate President, Bukola Saraki, has landed in fresh trouble, as the Economic and Financial Crimes Commission (EFCC)...
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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...
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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...
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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...
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