On Friday the Federation Accounts Allocation Committee allocated  N518.54bn to the three tiers of government for June.

Nigerians in London, United Kingdom, have expressed frustration over the compulsory payment of £30 (about N10, 000) for the registration of the Bank Verification Number, as directed by the Central Bank of Nigeria

Alhaji Olatunji Odusanya, a retired Permanent Secretary in the Ministry of Commerce and Industry, Lagos State, has urged governments to create the enabling environment to attract more foreigner investment into the country.

The Nigerian Deposit Insurance Corporation (NDIC) has faulted poor governance culture and risk control practices of some financial institutions capable of leading them into sudden challenges.