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Saturday, February 16, 2019

CBN defends stance on foreign exchange restriction on 42 items

The Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele, on Tuesday said the bank’s policy to restrict importers of some 42 items from...

CBN assures of Forex for indigenous companies

The Central Bank of Nigeria (CBN) has reteirated its readiness to facilitate access to foreign exchange by Nigerian companies that wanted to import equipment...

Nigeria’s crude oil production rises 9%

Nigeria’s crude oil daily production recorded an upward swing of about 2.09 million barrels in 2018, translating to a 9 per cent increment, compared...

TraderMoni initiative to boost petty trading – Osinbajo

The Vice President, Prof. Yemi Osinbajo, says the TraderMoni initiative under the Social Investment Programme was to uplift and boost the businesses of petty...

Osinbajo urges Africa, Europe embrace digital economy

Vice President Yemi Osinbajo has called Africa and Europe to work together to advance and harvest the economic benefits of digital economy. Such collaboration, he...

Nigeria has saved $21bn on food import – Buhari

Nigeria’s President, Muhammadu Buhari has lauded Nigerians for curbing excessive taste for foreign products, which has positioned the country for food self-sufficiency, and resulted...

Nigeria raises $2.86bn Eurobonds to fund 2018 budget

The Federal Government on Wednesday said it had raised 2.86 billion dollars three-series international bond under its Global Medium Term Note Programme. Mr Paul Abechi, Special...

FG spends N2.7trn on agriculture, infrastructure – Lai Mohammed

Minister of Information and Culture, Alhaji Lai Mohammed, has said that the Federal Government expended N2.7 trillion on agriculture and provision of other critical...

Nigeria’s economy to grow by 1.9% – IMF

The International Monetary Fund (IMF), says Nigeria is expected to grow by 1.9 per cent in 2018, up from 0.8 per cent in 2017,...

Nigerian economy looking good, we’ll make it better – Buhari

President Muhammadu Buhari said on Thursday in Abuja that his administration will continue to implement policies that will make Nigeria’s economy, which is already...

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Nigeria, Ghana enter EU blacklist for money laundering

Nigeria, Ghana, Saudi Arabia and Panama were named in a proposed European Union blacklist of nations seen as posing a threat because of lax...

Atiku: Olusegun Obasanjo’s must read testimonial

Excerpted here from former President Olusegun Obasanjo’s memoirs, My Watch, is his candid assessment of Atiku Abubakar, his former vice-president and one of the...

Nigeria’s crude oil production falls to 1.999m bpd

Nigeria’s crude oil production including condensate has taken a dip, falling to 1.999 million barrels per day in January from 2.081 million bpd in...
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