AdminFeb 28, 20172 min readHow we will sustain Nigeria’s economic growth – PresidencyThe Presidency has revealed that the federal government will sustain the economic growth achieved in the last quarter of 2016 and lead...
AdminFeb 27, 20171 min readZenith declares N129.6bn profit after tax for 2016Zenith International Bank Plc has declared a profit after tax of N129.65 billion and a final dividend of N1.77 per share for the...
AdminFeb 27, 20171 min readSmall scale businesses engine rooms of economic growth – SMEDAN DGThe Director General of Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Alhaji Dikko Radda, has said that micro and...
AdminFeb 24, 20173 min readDespite N330bn fine, we are grateful to NCC – MTNMTN Group has said it has implicit confidence in its operations in Nigeria. Recall that the Nigerian Communications Commission, NCC, last...
AdminFeb 23, 20172 min readCBN extends cashless policy to 30 more statesThe Central Bank of Nigeria has extended the cashless policy on withdrawals and deposits to 30 more states across the federation. This...
AdminFeb 23, 20172 min readRecession: Ekweremadu tasks Chamber of Commerce on solutionsThe Deputy Senate President, Senator Ike Ekweremadu, has tasked the Chamber of Commerce, Industry, Mines and Agriculture in the country...
AdminFeb 23, 20172 min readNigeria’s recession will begin to end ‘slowly’ but ‘painfully’ in July 2017 – Bismarck RewaneA leading economist and financial derivatives analyst, Bismarck Rewane, has predicted that Nigeria will start to experience a ‘slow’ but...
AdminFeb 23, 20173 min readWhy Osinbajo’s $500 million Eurobond request is necessary – Bismarck RewaneFrontline economist, Bismarck Rewane, has called on the National Assembly to quickly grant necessary approval for the issuance of $500...
AdminFeb 23, 20171 min readNaira hits biggest appreciation in monthsThe Naira on Wednesday hit its biggest recovery in months. From N520/$1, the Naira moved up to N503/$1 on Wednesday. The 3.3 per cent...
AdminFeb 21, 20172 min readForex: CBN injects $370m into marketSequel to its promise to ease the difficulties encountered by Nigerians in obtaining funds for Foreign Exchange transactions, the Central...
AdminFeb 21, 20172 min readPEBEC approves 60-day national action plan for ease of doing business in NigeriaThe Presidential Enabling Business Environment Council (PEBEC) has approved a 60-day national action plan with the aim of aiding business...
AdminFeb 21, 20171 min readWhy Nigeria doesn’t need IMF loan – Kemi AdeosunThe Minister of Finance, Kemi Adeosun, has said that Nigeria does not need loan from world financial body, International Monetary Fund,...
AdminFeb 21, 20172 min readRecession: Senate tasks professional bodies on economic recoveryThe President of the Senate, Dr Bukola Saraki, on Monday urged professional bodies in the country to channel their competencies to...
AdminFeb 21, 20171 min readNaira hits 520/dollarThe naira tumbled to 520 against the United States dollar at the parallel market on Monday as scarcity of the greenback continued to keep...
AdminFeb 20, 20172 min readStakeholders endorse TSA at anniversary retreatStakeholders drawn from all spheres of the Nigerian economy have pledged their support for the Federal Government’s Treasury Single...
AdminFeb 17, 20172 min readWe reduced 2017 budget due to recession – State HouseState House Permanent Secretary, Mr. Jalal Arabi on Thursday said the budget has been reduced from N16.6billion in 2016 to N13.6 billion...
AdminFeb 17, 20172 min readExchange rates no longer acceptable – FG, Governors warn CBNThe National Economic Council, NEC, has directed the Central Bank of Nigeria, CBN, to fix the worrisome state of foreign exchange rate....
AdminFeb 17, 20171 min readNaira may hit N1000 to $1 – Henry BoyoAn economic expert, Mr. Henry Boyo, has predicted that the naira will hit 1000/dollar on the parallel market in 2017 if the Central Bank...
AdminFeb 16, 20172 min readNigeria’s debt profile is N17.36tln – DMOThe Director-General of the Debt Management Office (DMO), Dr Abraham Nwankwo said that the nation’s total debt profile as at December 31,...
AdminFeb 16, 20172 min readForex sale:‎ Emefiele was not queried by AGF – CBNThe Central Bank of Nigeria (CBN) says its attention has been drawn to a media report suggesting that the Office of the Attorney General...
