Browsing: Business & Economy News

As Manchester City failed to find the breakthrough in Wednesday night’s 0-0 draw with Everton, Kelechi Iheanacho spent the last…

The Central Bank of Nigeria (CBN) has disclosed it had no powers to reverse the restriction placed by the Deposit…

Nigerians and some analysts are concerned about the ability of the present President Muhammadu Buhari-led administration to fund the 2016 budget…

Mr Moses Tule, who is the Monetary Policy Director at the Central Bank of Nigeria (CBN), has defended why the apex bank…

Lagos State Commissioner for Economic Planning and Budget, Mr. Akinyemi Ashade, has said that the state government is set to structure its…

According to Renaissance Capital in a report entitled: “Nigerian banks struggling for FX liquidity”, Nigerian banks are struggling to meet…

Nigerian Naira (₦) today recovered what it lost on Thursday, strengthening against the United States Dollar ($) after weeks of free fall…

The Central Bank of Nigeria (CBN) has given a directive to commercial banks to limit how much customers can spend abroad…

The Minister of Information and Culture, Alhaji Lai Mohammed, seeks the support of Corporate Council on Africa (CCA) for diversification of…

The management at Central Bank of Nigeria (CBN) has set out the guidelines for the operations of Bureau de Change…

The Central Bank of Nigeria (CBN) has so far disbursed N64.7 billion of the N213 billion earmarked for power sector intervention. The…

The Minister of Finance, Mrs Kemi Adeosun has issued a circular on the guidelines regarding budgeting, revenue and expenditure aimed…

The Minister of Communications, Adebayo Shittu, in Abuja, has assured foreign investors willing to do business in Nigeria of a conducive…

Osun State Governor, Ogbeni Rauf Aregbesola, has said his administration’s ‎new focus for development will be agriculture, solid mineral development and…

Governor Rauf Aregbesola-led state government of Osun has recruited more than 300 tax collectors tagged Tax Marshals. This is a drive to…

The Fiscal Responsibility Commission (FRC) Monday said it recovered over N360 billion from the operating surpluses of Ministries Departments and…

Nigeria awaits the third-quarter growth statistics set to be released later this month. However, irrespective of the figures, the new…

Nigeria’s oil output could drop by as much as 15 percent by 2017 unless the government attracts more investment and…

Former Governor of the Central Bank of Nigeria (CBN) Professor Charles Soludo has shown over the years that he is…

A sustained diversification plan by the Buhari Presidency, steadily moving away from the current mono-product economy, would increase the country’s…