The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has said that the…
Business & Economy
Nigeria’s Economy grew by 2.27%- NBS
The National Bureau of Statistics on Monday released the Gross Domestic Product report for the 2019…
CBN clarifies new rule on domiciliary account
The Central Bank of Nigeria (CBN) on Sunday said customers can deposit dollar into their domiciliary…
Recapitalisation: NAICOM plans buffer for Insurance Companies
The acting Commissioner for Insurance, Mr Sunday Thomas recently said that National Insurance Commission will support…
FOREX reserves drop to $36.69bn
The country’s foreign exchange reserves continued its downward trend as it dropped by $1.64bn from $38.34bn…
AfDB approves $10bn for infrastructural development in Nigeria
The African Development Bank says it will provide $10bn for roads and other infrastructural development projects…
Nigerian Market Shed N94bn closes 0.65% lower, Friday
The Nigerian stock market declined as the All Share Index closed lower by 0.65% to settle…
CBN refunds customers with over N60bn
The Central Bank of Nigeria (CBN) on Thursday said it has so far recovered over N60…
FG Bonds oversubscribed by N318.2bn- DMO
The interest shown by investors in Federal Government Bonds (FGN Bonds) has not waned as they staked about…
FIRS goes tough on tax defaulters
The Federal Inland Revenue Service has warned those in default of taxes to pay up or…
Lagos to close Fagba, Yaba roads for railway construction
The Lagos State Government on Wednesday disclosed its plan to close two roads in the metropolis…
Access Bank drives growth through retail operations
Access Bank Plc has reiterated its commitment to helping the economy grow. For some time now,…
FG gets $2.2bn from World Bank
The World Bank on Tuesday approved six projects worth about $2.2bn for implementation in Nigeria in…
Olam, MIT partner on food production
Olam International has partnered the United States-based Massachusetts Institute of Technology Solve (MIT Solve) to design…
SEC tasks state govts on developmental projects
The Securities and Exchange Commission has advised state governments to establish companies for specific projects to…
Afreximbank floats N300bn domestic bond
African Export-Import Bank (Afreximbank) has floated a N300 billion domestic bond for the capital market. The…
AfDB approves $300m to support Agriculture
The African Development Bank is to support the implementation of the Special Agro-Industrial Processing Zones project…
IMF advices CBN to end forex intervention
The International Monetary Fund (IMF) on Monday lauded the Federal Government on its economic reform policies,…