Browsing: Business & Economy News

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…

Africa is now positioning itself as a major business opportunity for overseas investors, according to ICAEW’s latest Economic Insight report.…

There is rising tension in Nigeria’s banking industry over the implementation of the Treasury Single Account (TSA). However, the Governor of…

When executives who have held positions in the government transfer to private sector business, they bring with them knowledge and…

Since China’s devaluation of the yuan last month, an estimated $5tn has been wiped off global stock markets. Jolting financial…

Lagos, Nigeria: Governments around the world are waking up to the need for the regulation of e-commerce within their countries. The…

The Central Bank of Nigeria (CBN) has banned US$ Domiciliary Accounts in Nigeria in a bid to renew vigilance to…

There is nothing as relieving as being able to draw from a pool of funds when the need arises. Money…

SINGAPORE – 21 July 2015 – Singapore-based BitX today announced a USD 4 million Series A funding round lead by…

Although ratings agency Standard & Poor’s said on Wednesday, that Nigeria will have to devalue its currency again, Central Bank…