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Central Bank of Nigeria CBN, on Wednesday introduced a flexible exchange rate regime into the Nigerian foreign exchange market beyond the expectations of those yearning for...
The UN Development Programme (UNDP), on Thursday, warned that Nigeria might experience food shortage, if urgent interventions were not put in place to enhance food production....
The President of Manufacturers Association of Nigeria (MAN), Dr Frank Jacobs says the Federal Government suspension of Negotiable Duty Credit Certificates (NDCC) has affected the volume...
Central Bank of Nigeria is “reasonably optimistic” the naira will settle at around N250 to the U.S. dollar after an initial period of weakness following a...
International Maritime Organisation, (IMO) has given the Nigerian Maritime Administration and Safety Agency (NIMASA) 90 days ultimatum to formulate a long term strategy for the implementation...
The Executive Secretary, Nigeria Extractive Industries Transparency Initiative (NEITI), Mr Waziri Adio, said Nigeria lost billions of dollars in 2013 to sharp financial practices in the...
Major Blue Chip Companies on the Nigerian Stock Exchange (NSE) on Wednesday posted huge gains reversing the negative trend with the equity market appreciating by N295...
Issued 15th June 2016 Introduction In line with the objectives of enhancing efficiency and facilitating a liquid and transparent, Foreign Exchange (FX) market, the Central Bank...
The Central Bank of Nigeria, CBN, has put in place a full float of the Naira, which will make the exchange rate to be determined by...
The FMDQ OTC Securities Exchange says it posted transactions valued at N7.43 trillion in fixed income and currency markets (FIC) in May. The transactions are contained...
I welcome you to this engagement, which is a critical part of the President Buhari led administration’s plans to reset and reflate the economy. Nigeria’s economy...
Federal and state government have agreed that states should no longer seek loans from banks but focus on internally generated revenue to boost their finances. This is...
The Central Bank of Nigeria will today announce details of the much anticipated ‘flexible’ foreign exchange rate policy. Acting Director, Corporate Communications Department, CBN, Mr. Issac...
The Federal Government recorded a deficit of N725.18 billion in its fiscal operations in the first quarter of 2016, according to data released, yesterday, by the...
Indications emerged weekend that banks have started to close the accounts of suspected Bureaux de Change and some politically exposed persons to avoid Economic and Financial...