Dr Obadiah Mailafia, a former deputy governor of the Central Bank of Nigeria (CBN), has advised the Federal Government to produce a comprehensive economic blueprint to...
*FG can only borrow N1.6trn local, N4.8trn external *30% of budget should go for capital investments Nigeria’s total external debt stock outstanding rose to $10.71843 billion...
Union Bank of Nigeria (UBN) Plc has announced gross earnings of N93.44 billion for nine months ended Sept. 30, 2016. This is contained in a statement...
The Minister of Finance, Mrs. Kemi Adeosun on Wednesday told the visiting Director, African Department of the International Monetary Fund (IMF), Mr. Abebe Aemro Selassie that...
Activities on the Nigerian Stock Exchange (NSE) on Tuesday remained on a downward trend with the market capitalisation shedding N164 billion due to profit taking. The...
Development Goals in Nigeria The United Nations Development Programme (UNDP) has expressed concern over the possibility of Nigeria achieving the Sustainable Development Goals (SDGs) in the...
President Muhammadu Buhari on Tuesday forwarded a request to the National Assembly to approve external borrowing plan of $29.960 billion to execute key infrastructural projects across...
The National Industrial Court has fixed two days, Nov. 21 and Nov. 22, for First Bank of Nigeria Plc. to open its defence in the case...
Nigeria Finance Minister, Mrs Kemi Adeosun, has said that the Federal Government would maintain it’s over N6trillion national budget provisions in the 2017 appropriation bill. The...
The Naira on Monday remained stable at the foreign exchange market as it maintained its rate of N305 to dollar achieved on Friday at inter-bank deals....
MTN Nigeria has attributed its 1.2 per cent revenue decline in the third quarter of 2016 to some of the regulatory challenges it is facing in...
Arik Air has said that it will increase its daily schedule flights to New York from thrice a week to daily. Mr Chris Ndulue, Arik Air...
A sub-Saharan Africa’s largest provider of auto loan is working with Johannesburg-based FirstRand’s Wesbank to assist the federal government with N23billion ($73 million) to boost the...
Minister of Finance Mrs Kemi Adeosun said yesterday at the ongoing IMF/World Bank annual meetings that some foreign investors have made commitment to invest in infrastructure...
Indication emerged weekend that contrary to claims made by the Chairman, ERISCO Foods Ltd., Chief Eric Umeofia, alleging lack of support by some institutions, the company...