AdminJan 19, 20171 min readRecession: Buhari to launch economic recovery plan in February – OsinbajoThe President Muhammadu Buhari-led Federal Government, on Wednesday said plans have been concluded to launch its economic recovery plan...
AdminJan 18, 20171 min readCBN commences sale of forex to BDCsThe Central Bank of Nigeria (CBN) started auctioning 250 million dollars to 3147 registered Bureau De Change (BDCs) nationwide on...
AdminJan 18, 20172 min readMMM: CBN lectures Nigerians on dangers of Bitcoin, othersThe Central Bank of Nigeria, CBN, has advised Nigerians against the use of virtual currencies, including bitcoin, ripples, litecoin....
AdminJan 14, 20172 min readDollar scarcity: Be more creative – Presidency tasks NigeriansFollowing the scarcity of the United States dollars in the country, the Senior Special Assistant, SSA, to President Muhammadu Buhari on...
AdminJan 11, 20176 min readNational survey reveals stakeholders’ dissatisfaction with Contributory Pension SchemeA national survey on the Contributory Pension Scheme established over a decade ago by the Federal Government has revealed the...
AdminJan 10, 20171 min readCBN to meet BDC over unstable exchange ratesThe Central Bank of Nigeria (CBN) will hold a meeting with operators of Bureau De Change (BDC) today to help proffer solutions towards...
AdminJan 9, 20172 min readC’River Govt loses N130m revenue to ghost Cocoa farmers – Gov’s AideCross River Government lost over N130 million revenue in 2016 due to allocation of cocoa farms to ghost farmers, Mr Oscar Ofuka, Special...
AdminJan 5, 20171 min readRecession: Naira may exchange for 520 to dollar this year – Financial expert, RewaneThe Chief Executive Officer of the Financial Derivatives Company Limited, Mr. Bismarck Rewane has predicted that the Nigerian currency,...
AdminJan 4, 20171 min readCredit rating agency predicts 2.5% GDP growth for Nigeria in 2017One of the world’s leading credit rating agencies, Moody’s Investor Services, has said Nigeria’s GDP will grow by 2.5% in 2017. This was...
AdminDec 31, 20161 min readI was overthrown in 1984 for devaluing the naira – BuhariPresident Muhammadu Buhari has restated his resolve not to devalue the naira or increase the price of fuel. He made this known in Abuja...
AdminDec 30, 20161 min readNaira among four worst global currencies in 2016A report by Bloomberg LP has rated Nigeria’s naira as one of the world’s four worst performing currencies in 2016. The naira is said to...
AdminDec 28, 20161 min readNaira exchanges for N490 per dollar at parallel marketThe Naira on Wednesday weakened to N490 to a dollar at the parallel market after appreciating to N485 to a dollar during the Christmas...
AdminDec 26, 20161 min readAmbode says Lagos will become Africa’s third largest economyLagos State Governor, Akinwunmi Ambode, has said that one of his administration’s major aim is to make the state the third largest...
AdminDec 24, 20161 min readNaira may hit N500 to dollar next weekThe naira has continued to depreciate and may hit the 500 mark to the United States dollar at the parallel market next week. This is as...
AdminDec 21, 20161 min readNaira falls against dollarThe Naira on Wednesday fell further to N492 to a dollar at the parallel market, from N490 it closed on Tuesday, the News Agency of...
AdminDec 20, 20162 min readHow Lagos generated N287bn IGR despite recession – AmbodeThe Lagos State Governor, Akinwunmi Ambode, has thanked tax payers in the State for performing their civic obligations in 2016. Ambode...
AdminDec 19, 20163 min readEconomic recession will end in 2017 – President BuhariPresident Muhammadu Buhari has expressed optimism that the current economic recession will ebb in 2017. Speaking Monday, in Abuja while...
AdminDec 19, 20162 min readPETAN honours Shell, MD SNEPCThe Petroleum Technology Association (PETAN,) an association of indigenous technical oilfield service companies in the upstream and...
AdminDec 17, 20161 min readNigeria’s foreign reserves hit five months high at $25bnFor the first time in five months, Nigeria’s foreign exchange reserves has returned to the $25 billion it was before plunging to an...
AdminDec 14, 20162 min readAccess Bank wins triple honours at EMEA Finance Banking AwardsForemost African financial institution, Access Bank Plc. has emerged as Nigeria’s biggest winner at the 2016 EMEA Finance Banking Awards...
