Business Hilights

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Mrs. Kemi Adeosun

CBN sets money laundering radar on MFBs, OFIs, may revoke licences if…

Relying on recent revelation by the Minister of Finance, Mrs. Kemi Adeosun that looters of the treasury may have moved their illicit trade to Micro Finance Banks (MFBs) and other financial institutions (OFIs), due to the water tight blockage placed…

Adeosun, IMF, CBN hold different views on Nigeria’s economic outlook, recovery time

Whereas the Minister of Finance, Mrs. Kemi Adeosun has claimed that Nigeria economy will grow this year by 2.5 per cent, the International Monetary Fund (IMF) and the Central Bank of Nigeria (CBN) are heading opposite directions on the projections…

2016 Budget recorded paltry 55% implementation, N1.1tr shortfall in revenue

Contrary to earlier claims by the Minister of Finance, Mrs. Kemi Adeosun that the running 2016 national budget is on track to record over 70 per cent implementation, some government officials who were at the Senate Friday revealed that the…