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Tinubu's energy sector ministerial appointments inspire little cheer

An accountant will be charged with fixing Nigeria’s creaking power grid. The man who will drive local gas exploitation is best known. ....

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Nigerian Tweeps Demand Buhari, Emefiele's Imprisonment For Reportedly Using Foreign Reserve As Collateral For Loans

Nigerians on X, formerly known as Twitter have called for the immediate prosecution and imprisonment of former President Muhammadu Buhari and the suspended governor of the Central Bank of Nigeria(CBN), Godwin Emefiele for allegedly using the country’s foreign reserve as collateral for loans. SaharaReporters on Friday reported that the Central Bank of Nigeria said it owed some foreign banks and two US-based companies, The Goldman Sachs Group and JPMorgan Chase & Co. a sum of $13.8 billion, equating to about N10.6 trillion. ....

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CBN loans from foreign banks may cost Nigeria 40% of foreign reserves

CBN loans from foreign banks may cost Nigeria 40% of foreign reserves
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Mustapha Umaru , Kelvin Emmanuel , Goke Adetoyinbo , Dairy Hills Ltd , Goldman Sachs , Central Bank , Jp Morgan , Federal Government ,

Nigerians reject Tinubu appointing himself Petroleum Minister - Poll

Over 80 percent of Nigerians who responded to a BusinessDay poll have rejected the notion that President Bola Tinubu should appoint… ....

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Nigeria's petrol demand declines on Niger coup

A military coup in Niger has forced the shuttering of borders has ended planned exports of Nigerian petrol across the continent ....

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