Details Of Nigerian Governors Meeting With World Bank Revealed

The details of the meeting between Nigerian governors and officials of the World Bank in Abuja on Wednesday have emerged. Addressing newsmen in Abuja, the Chairman of the Governors' Forum and Governor of Ekiti state, Dr. Kayode Fayemi, said the governors at the meeting looked at its engagements with the bank especially subsisting portfolio and reviewed things that they were doing right.

FG To Sell Recovered Assets

In efforts to generate N203.37 billion to meet its revenue target, President Muhammadu Buhari has directed the Federal Ministry of Finance to sell all recovered and liability-free assets in six months.

Despite US-IRAN Tension, Oil Prices Gains

Oil prices rose significantly on Monday, 24th June, 2019 to extend its preceding gains from last week of the month of June, 2019. The development came as surprise to many experts due expectations over possible dwindling of the global economy, as tensions remain high between Iran and the United States of America.

Deposit Money Banks To Be Recapitalized– Emefiele

In an attempt to revive Nigeria's economy, Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emediele, disclosed to the media his agenda for the next five years. According to him, the 2004 recapitalisation undertaken by former CBN Governor, Prof. Charles Soludo has weakened, substantially.

29 Ships Are To Arrive Lagos In June And July – NPA

The Nigerian Ports Authority (NPA) said on Tuesday that 29 ships were expected to berth in the Lagos ports between June 25 and July 19 and not less than Eleven ships conveying petrol and other commodities are waiting to berth at the Apapa and Tin-Can Island Ports in Lagos State.

Otedola Sells Forte Oil

Emerging reports indicate that Billionaire businessman, Femi Otedola, has confirmed the sale of Forte Oil Plc. Otedola, who was chairman of the oil firm, had announced plans to sell off his 75 percent stake in the company to “maximize the opportunities in refining”.

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