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Saturday, February 16, 2019

CBN lifts forex market with $210m

The Central Bank of Nigeria (CBN) has provided fresh 210 million dollars to meet customers’ requests in various segments of the foreign exchange market. The Acting Director,...

Ukraine’s investors visit Nigeria

Ukraine’s delegation of businessmen and investors will visit Nigeria soon to explore more areas of economic cooperation. The delegation would be led by Ukrainian Deputy...

Nigerian national carrier to take off by December

Nigeria's Minister of State for Aviation, Hadi Sirika, has said that the proposed national airline for the country would be unveiled before the year...

Dangote, Bill Gates to address special NEC meeting

Africa’s leading industrialist Aliko Dangote and Microsoft founder and philanthropist, Bill Gates are expected to address a special session of the National Economic Council...

Buharinomics crashes Inflation rate further

The economic policy of President Muhammadu Buhari’s administration has dealt another blow to the country’s inflation rate, with the National Bureau of Statistics reporting...

BOA disburses N262bn to farmers

Alhaji Kabir Adamu, Managing Director, Bank of Agriculture (BOA), says the bank has disbursed N262 billion to 140,000 farmers through Anchor Borrower Scheme in...

Oil prices reach highest level since 2014

U.S. oil prices rose above $70 a barrel on Monday for the first time since November 2014 and Brent crude climbed to fresh highs,...

NLNG remits $6.5b as tax to FIRS

The Nigerian Liquefied Natural Gas (NLNG) has remitted more than $6.5 billion in taxes to Federal Inland Revenue Service (FIRS) since 2009. Mr Tony Attah,...

Nigeria signs agreements with Afreximbank, NSIA, BoI to develop Special Economic Zones

Nigeria’s Federal Government today signed investment agreements with three Development Finance Institutions; Afreximbank, Bank of Industry and the Nigeria Sovereign Investment Authority (NSIA) for...

CBN pumps $210m into forex market

The Central Bank of Nigeria (CBN) has pumped $210 into the market to boost the inter-bank Foreign Exchange. The Bank again on Tuesday offered the...

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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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