Stock brokers are having a tough time as business in stock have slumped since the deregulation of interest rates. Brokers now complain of the confusion and...
About N2.6673 billion was paid by importers into the commercial banks that are still awaiting foreign exchange cover from the Central Bank. A large portion of...
Banks operating in the country are working frantically to met the January 18 deadline given to them by the monetary authorities to submit records f the...
Commercial banks may soon have their banking hours extended from 1.30 p.m. to 3 p.m. to enable them cope with the increasing customers that now patronise...
As the federal government extends the tenure of office of the Central Bank Governor, Alhaji Abdulkadir Ahmed to March 1988, a stalemate has arisen on his...
Some goods earlier declared as contraband by the federal government can now come into the country. The goods which include malt and barley, aluminum sulfate, fruit...
There are lots of fraudulent practices in the insurance brokerage business The Republic investigation has revealed. According to our investigation, a good number of insurance brokerage...
Federal government will next month remove 36 per cent oil subsidy, bringing the price per litre of petrol of 51.87 kobo as against its present pump...
General staff headquarters (GHQ) and the internal affairs ministry, now appear to be at loggerheads over the clearance of imported kolanuts which generated a heated controversy...
Most audit reports in Nigeria are falsified of the wishes of business owners a Republic investigation has revealed. According to response to questionnaires on accounting practice...
The government of any country has a variety of economic objectives it seeks to achieve through the use of either fiscal, monetary or debt management policies....
In August, money (made up of notes and coins) increased by N399.5 million or 3.4 per cent toN12.3 billion. This compared with the increase with of...
The day was Wednesday, December 16, 1987. The venue, Nigerian Institute of International Affairs, Victoria Island, Lagos. The grandeur of the occasion was Alfa Communication Publishers...
Nigeria realised a total of N135.6 million from two of the three pre-shipment inspection agencies between April and June 1987. According to t he United Bank...
Exporting firms have decried the Central Bank’s indiscriminate use of embargo instrument on their companies. Most of the firms have accused the Central Bank of not...