The federal government recorded a budget deficit of N601.56 billion in the last quarter 2013, according the fourth quarter report of the Central Bank of Nigeria,...
A new report published by New World Wealth has disclosed that the number of Nigerians having about N160 million invest able funds has risen to 15,700...
The naira firmed against the dollar on the inter-bank market on Monday after the Central Bank of Nigeria CBN, said it will sell dollars on forward...
The Lagos State Internal Revenue Service (LIRS) said it sealed 44 companies in the last two months for failure to remit N460.6 million personal income tax of...
The Central Bank of Nigeria (CBN) and the International Finance Corporation (IFC) on Monday said they would strengthen regulatory framework to support efficient and sustainable banking in...
Former President, Association of Stock-broking Houses of Nigeria Alhaji Rasheed Yussuf, has attributed the current stock market rebound to stable macro-economic policies. Yussuf told newsmen in...
Gov. Mukhtar Yero of Kaduna state has suggested the investment of pension funds in the solid minerals sector to boost long term economic growth. This is...
Chemical and Non metallic Employer Federation of Nigeria has accused the government and people of Benin of deliberating sabotaging the Nigerian economy through state sponsored smuggling....
The National Cashew Association of Nigeria (NCAN) has said the country produced about 120,000 metric tons of cashew nuts yearly. NCAN’s National Publicity Secretary, Mr Sotonye...
The Federal Inland Revenue Service (FIRS) has urged the private sector to contribute towards boosting the nation’s economy. Alhaji Kabir Mashi, the Acting Executive Chairman of...
Brent oil was above $109 a barrel on Wednesday after a fall in stockpiles at the Cushing delivery point for U.S. crude with prices constrained by...
The Nigerian National Petroleum Corporation (NNPC) has described as false, rumours of an imminent increase in the pump price of Premium Motor Spirit (PMS) otherwise called...
The Nigeria Extractive Industries Transparency Initiative (NEITI) in Abuja has recommended the privatisation of the country’s refineries. The NEITI Executive Secretary, Mrs Zainab Ahmed, made the recommendation...
The Nigeria Sovereign Investment Authority (NSIA) says it has established four subsidiaries to help in the execution of strategies in the five sectors identified for infrastructure...
Briefing Note To: Mr. President Subject: CBN Audited Financial Statements for year ended 31st December 2012 Respectfully refer to your directive, through memo PRES/188/T&1/89, dated...