Inflation Drops To 11.25%

The consumer price index (CPI) which measures inflation dropped to 11.25 per cent (year-on-year) in March compared to 11.31 per cent in February, according to the National Bureau of Statistics (NBS).

Indebtedness: Heritage Bank Takes Over Hip TV

Indications have emerged that Heritage Bank Plc yesterday on an order of Federal High Court Ikoyi Division seized the property of Smooth  Promotions Limited, owner of Hip TV, owned by Ayo Animashaun,  situated at No. 4 Ogundana Street, Off Allen Avenue, Ikeja; Lagos following inability to pay back the bank loan worth Hundreds of Millions.

AMCON Says N5 Trillion Debt Recovery A Challenge To All Nigerians

Managing Director and Chief Executive Officer, Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Lawan Kuru has again reiterated that the over N5trillion bad debts, which Nigerians expect AMCON to fully recover before its sunset should be seen as a collective problem that concerns all Nigerians irrespective of their socio-political, ethnic and cultural ideologies.