As the federal government extends the tenure of office of the Central Bank Governor, Alhaji Abdulkadir Ahmed to March 1988, a stalemate has arisen on his...
Some goods earlier declared as contraband by the federal government can now come into the country. The goods which include malt and barley, aluminum sulfate, fruit...
There are lots of fraudulent practices in the insurance brokerage business The Republic investigation has revealed. According to our investigation, a good number of insurance brokerage...
Federal government will next month remove 36 per cent oil subsidy, bringing the price per litre of petrol of 51.87 kobo as against its present pump...
General staff headquarters (GHQ) and the internal affairs ministry, now appear to be at loggerheads over the clearance of imported kolanuts which generated a heated controversy...
Nigeria realised a total of N135.6 million from two of the three pre-shipment inspection agencies between April and June 1987. According to t he United Bank...
Exporting firms have decried the Central Bank’s indiscriminate use of embargo instrument on their companies. Most of the firms have accused the Central Bank of not...
The board of directors of the Central Bank of Nigeria has rejected the bank’s management proposal to establish a public relations department of the apex bank...
Nigeria, for over five years now has persistent balance of payment problems. The forces that shaped the balance of payments are numerous and varied. Over the...
Nigeria produced an estimated 40.311 million barrels of crude oil at the rate of N1.301 million barrels a day (mbd) in the month of August. This...
Banks operating in the country have been given guidelines by the Central Bank of Nigeria, CBN, on foreign exchange settlement rate for eligible pre-SEEM transactions covered...
Kingsway Stores the retail outlet for UAC products is to be phased out. The Republic investigation revealed that were hitherto used by Kingsway Stores to display...
The Nigerian Bureau of the Eco Bank is to take off in January following the granting of licence to the bank by the federal government, finance...
The federal government has signed a multimillion naira agreement with the International Crop Research Institute for Semi Arid Tropics, ICRISAT, for the development of sorghum and...
Staffers of Christlieb Nigeria Ltd once of Nigeria largest multi-nationals are now in fear following the spate of retrenchments in the company which has seen over...