Business Hilights

Tracking Nigeria's Headline Business News Online

Senator Bassey Akpan

At last, no missing $1.05bn from NLNG dividend account—Senate declares

Chairman of Senate Committee on Gas Resources and Nigeria National Petroleum Corporation (NNPC), Senator Bassey Akpan, and Chief Financial Officer of NNPC, Mr Isiaka Abdulrazaq, have jointly confirmed that no $1.05bn is missing from the Nigerian Liquefied Natural Gas (NLNG)…

Should banks’ solvency be dependent on governments’ deposits or capital base?

An issue of urgent financial importance is building up to boiling level in the nation’s banking sector. Otherwise, since the introduction of Treasury Single Account (TSA) policy by the federal government in September 2015, there had been rising cases of…