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Thursday, September 20, 2018

CBN says record $91 billion entered Nigeria in 2017

The Central Bank of Nigeria (CBN), said the aggregate foreign exchange inflow into the country stood at $91 billion in 2017, a record compared...

NIS generates N35.72bn in 2017 – NBS

The National Bureau of Statistics (NBS), says the Nigeria Immigration Service (NIS) generated more than N35.72 billion from passports applications in 2017. The NBS said...

AfDB rates economy, West Africa records growth

The African Development Bank (AfDB) has released the rating of economy of Africa with the projection that economic growth in West Africa would rise...

12 ships arrive Lagos ports with petrol, others

The Nigerian Ports Authority (NPA), says 12 ships laden with various products, including petrol, are at the Lagos ports waiting to berth. The NPA disclosed...

Loans for manufacturing, agric, other sectors at 9% : CBN issues guidelines

Agricultural, manufacturing  and the sectors considered as growth and employment stimulating,   can now borrow long term as much as N10billion at consolidated nine per...

GIABA Calls for Regional Cooperation against Corruption

The Director General of GIABA, Mr. Kimelabalou Aba has called for regional collaboration against corruption and other financial crimes. He made this harge at...

Buhari Administration, foundation to re-engineer economy – Tinubu

The National Leader of All Progressives Congress (APC), Asiwaju Bola Tinubu, says the Administration of President Muhammadu Buhari is the foundation for re-engineering and...

Nigeria records first strong GDP growth after recession

The Nigerian Bureau of Statistics (NBS) has reported that for the first time since Nigeria’s exit from recession, the Gross Domestic Product (GDP) has...

Adeosun, Emefiele join World Economic experts at IMF/WorldBank meetings

The Minister of Finance,  Mrs Kemi Adeosun and the Central Bank Governor on Sunday left Nigeria for Washington DC to join other economic experts...

Nigeria, Russia to boost trade

Nigerian representative and Russia-Nigeria Council have met in Moscow where they resolved to strengthen bilateral trade and investment with the Russia Federation. Prof. Steve Ugbah,...

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FG to generate N6bn from concession of 20 Silos

The Federal Executive Council (FEC) on Wednesday approved the Concessioning of 20 out of its 33 Silos to private sector operators at the cost...

Military winning war against Boko Haram: DHQ

The Defence Headquarters (DHQ) has again reassured Nigerians that the military is winning the fight against Boko Haram terrorism and will not rest on...

1,000 companies compete for 12 rail projects

More than 1,000 contractors are participating in the bids for 12 projects advertised by the Nigerian Railway Corporation (NRC). The corporation has opened the bids...
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