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The Federal Executive Council (FEC) on Wednesday approved the procurement of 152-million-dollar loan (about N35.9 billion) and 385,000-dollar grant (about N64.5 million) for agricultural development. The...
Shareholders have bemoaned the Federal Government’s inability to implement the policy stopping the removal of stamp duty and Value Added Tax (VAT) on capital market transactions....
The market capitalisation of the Nigerian Stock Exchange (NSE) on Wednesday grew by N59 billion or 0.46 per cent, to close at N12.889, from the N12.830...
Transactions on the Nigerian Stock Exchange (NSE) ended on a positive trend as the All-Share Index (ASI) rose by 0.24 per cent. The ASI appreciated by...
The Nigerian Stock Exchange (NSE) has said that Lafarge Cement Wapco stock has joined the league of the high-priced stocks. The Exchange, in a statement made...
At the just-concluded IMF/World Bank Spring Meetings, the Minister of Finance and the Coordinating Minister of the Economy Dr. Okonjo-Iweala and the Acting Governor of the...
The International Monetary Fund has said that member countries must embark on government spending reforms stating that in many countries, public finances remain on edge as...
Nigeria got a total of $21 billion as home remittances flows from Nigerians living abroad in 2013. This puts the country as the fifth largest recipient...
Fitch Ratings, a UK based rating firm has re-affirmed Nigeria’s Long-term foreign and local currency debt repayment default (IDR) at ‘BB-‘ and ‘BB’, respectively. The...
The International Monetary Fund has said that member countries must embark on government spending reforms stating that in many countries, public finances remain on edge as...
Managing Director International Monetary Fund Mrs Christine Lagarde yesterday said that if there are proven cases of corruption against any country not just Nigeria, it will...
World Bank President, Jim Yong Kim yesterday at the ongoing IMF/World Bank Spring Meetings restated that Nigeria is one of the top five countries that has...
The challenge facing Nigeria today is not being tackled at the roots. It seems the symptoms are what those in position of authority are chasing...
*Says 22-35% high interest rate threat to NIRP *IMF says rates are declining in other economies *Private sector crowded out of borrowing A drop in interest...
Nigeria’s nominal Gross Domestic Product, GDP, now stands at $509.9 billion, making the nation’s economy the largest in Africa and the 26th in the world, according...