If the National Assembly passes President Muhammadu Buhari’s 2017 N7.298 trillion budget as proposed, the country will spend a hefty sum of N5.41 billion as cost...
CBN’s CIRCULAR ON NATIONWIDE IMPLEMENTATION OF THE CASH-LESS POLICY AS ISSUED Please be informed that the bankers committee at its 493rd meeting, held on the 8th...
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...
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...
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...
Innovative research released by The MasterCard Foundation is making the case for a new approach to youth employment training strategies in Africa. Understanding Youth Livelihoods in...
The Central Bank of Nigeria said it was not queried by the Attorney General of the federation on foreign exchange sale as being speculated in some...
The Asset Management Corporation of Nigeria on said Arik Air and the other firms belonging to its principal promoter, Johnson Arumemi-Ikhide, was indebted to it to...
Fitch Ratings has revised the Outlook on 4 Nigerian banks to Negative from Stable and affirmed the Long-Term Issuer Default Ratings (IDRs) of 10 banks and...
The National Bureau of Statistics (NBS), says Consumer Price Index (CPI), which measures inflation again rose by 18.72 per cent (year-on-year) in January from 18.55 percent...
A tripartite agreement spare headed by the Dangote Rice limited to create jobs for 16,000 outgrower rice farmers in Sokoto was yesterday signed amid excitement and...
The Minister of Finance, Mrs. Kemi Adeosun said that the Federal Government is determined to expand the coverage of the Treasury Single Account (TSA) to cover...