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Bank customers have resorted to using electronic payment cards such as MasterCard and Visa card to circumvent foreign exchange regulations. Banks can issue naira or dollar...
Gov. Babatunde Fashola of Lagos State has said home ownership through mortgage was the only way to address the problem of housing deficit in the country....
The Senate on Thursday in Abuja approved the harmonised version of the 2015 – 2017 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP). This...
The Republic of Cote D’ Ivoire has signaled its intention to procure Liquefied Natural Gas (LNG) supplies from Nigeria in support of its growing power needs....
OBAX Worldwide, a petrochemical company and partners based in the U. S., will soon establish a fertiliser plant worth $200 million (N39.4 billion) in Nigeria. The...
Nigeria raised N91 billion ($456.14 million) at a bond auction held with yields rising by more than one percentage point across all tenors, the Debt Management...
The Shippers Association of Lagos State (SALS) announced said that importers had been abandoning their cargoes at Nigerian ports, due to high costs of clearing such...
The Consumer Protection Council and the European Union have commenced plans to jointly address issues of consumer abuse and exploitation in Nigeria. The need for collaboration...
The Senate Joint Committee on the Petroleum Industry Bill, PIB, yesterday, disclosed that it has finished working on the Bill and is proposing a privatisation of...
The Nigerian Equities market stayed bullish Wednesday as the market closed positive for the second trading session in the week. The benchmark Index — the All...
In its bid to shore up Nigeria’s foreign exchange earnings, Central Bank of Nigeria said it will enforce the repatriation of dollar-proceeds from exports will impose...
…Earned N13trn from crude oil export in 2014 International rating agency, Standard & Poor’s, yesterday, warned that the Nigerian economy is in a “clear and present...
Emerging economies of Nigeria, Indonesia and Mexico could push the UK and France out of the top ten economies of the world by 2050 provided they...
The North East Entrepreneur Development Centre (EDC) of the Central Bank of Nigeria (CBN) has commenced an entrepreneurship training programme for 500 Internally Displaced Persons (IDPs)...
The Bank of Agriculture (BOA) yesterday said that it had disbursed more than N1.5 billion loan to 8,494 famers in Bauchi State from 2001 to date....