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The International Monetary Fund has urged Nigeria to step up its economic reform efforts before the opportunity for reforms becomes more limited. The multilateral Institution...
Managing Director Nigeria Sovereign Investment Authority NSIA, Mr. Uche Orji, has raised fresh hope of the timely completion of Second Niger Bridge. Briefing newsmen in Abuja, he said...
ExxonMobil Nigeria has laid off additional 89 workers in a gale of retrenchments that started in the company last year. NAN said a top source disclosed...
Fitch rating agency has said that measures put in place by the Central Bank of Nigeria (CBN) to modify the foreign exchange market may ease some...
Details of CBN guideline on school fees, Personal Travelling Allowance PTA and medicals emerged yesterday as banks started to intimate customers of the needed requirement to...
Central Bank of Nigeria Tuesday injected a total of $370.9 million into the foreign exchange market ignorer to make foreign exchange readily available to end users....
Presidential Enabling Business Environment Council has said that the federal government has adopted a 60 day action plan to ease doing business in Nigeria. The...
Federal Government of Nigeria wants to borrow $1 billion from the World Bank and sign within months a $1.3 billion loan from China to fund railway projects,...
The Nigerian National Petroleum Corporation said it did not remit N23.4 billion Nigerian Export Supervision Scheme (NESS) levy, chargeable on crude oil and gas exports since...
Minister of finance Mrs Kemi Adoesun has said that two Nigerian banks are yet to remit Ministries, Department and Agencies of the federal government into the...
FCMB Group Plc has announced the re-organisation of its leadership at the Group level, as well as its flagship company First City Monument Bank Limited (FCMB...
By omoh Gabriel Central Bank of Nigeria has modified its foreign exchange policy. In a release signed by the Bank Acting Director Corporate Communication, Mr. Isaac...
The Nigerian-American Chamber of Commerce, NACC, has said that multiple foreign exchange rates ruling in the foreign exchange market creates distortion in the economy and is counterproductive...
Nigeria’s National Economic Council an economic advisory body has asked the Central Bank of Nigeria CBN to review its foreign exchange policy. This is coming on the heels...
African Development Bank AfDB, said it has disbursed an equity investment of $8.2 million in Shelter Afrique, a Development Finance Institution investing in affordable housing for...