Economy

Foreign Investors: CBN Allays Fear over Forex Sanctions The Central Bank of Nigeria (CBN) acknowledges the public interest over sanctions recently imposed on four deposit...

Presidency Accepts Adeosun's Resignation, Appoints Zainab Finance Minister President Muhammadu Buhari Friday accepted the resignation of the Hon. Minister of Finance, Mrs Kemi Adeosun. The...

NEITI: FG, States Shared N3.9tr in First Half of 2018 -Revenues in Q2, 2018 the highest since Q3, 2014 -Disbursements from VAT increased by 35% over...

FG Commences Works on Kankara-Gurbi Road Federal Government has commenced the process of completing the abandoned Kankara-Gurbi Road, a major highway in Ketare District of...

Osinbanjo at Dangote Business School, Tasks Youths on Entrepreneurship Vice President Yemi Osinbanjo has charged young Nigerian innovators and entrepreneurs to always be focused and...

Nigeria, China to sign $328m agreement on ICT President Muhammadu Buhari arrived Beijing to attend the Beijing Summit ­ of the Forum on China-Africa Cooperatio­n...

CISLAC Expresses Disappointment over Buhari’s Refusal to assent to the PIGB The Civil Society Legislative Advocacy Centre (CISLAC) expresses disappointment at the refusal of the...

CBN Slams N5.87bn on 4 Banks, MTN to Refund $8bn …Standard Chartered – N2.4 bn …Stanbic IBTC – N1.8 bn …Citibank – N1.2 bn …Diamond Bank – N0.25...

Farmers: CBN Flag Off Input Distribution to Cross-River Furtherance to its resolve to make agriculture regain an enviable position as a business venture rather than...

African Risk Capacity Appoints Non-Executive Directors The African Risk Capacity Limited (the ARC Ltd) has appointed three new Non-Executive Directors (NEDs) and a Special Advisor...

FAAC Shares N821bn to FG, States, LGs in July 2018 The Federation Accounts and Allocation Committee (FAAC) at its meeting shared the total sum of...

Forex: CBN injects US Dollars, Chinese Currency into Interbank Following last week’s take-off of its intervention in the sale of foreign exchange in Chinese Yuan...

Dangote Donates N300mn Business School to University of Ibadan Leading businessman and Chairman of Aliko Dangote Foundation, Alhaji Aliko Dangote has challenged the government to...

Police Explain Protest of Mobile Police in Maiduguri Today being  02/07/18 at about 0630hrs, personnel of the Police Mobile Force on Special duty came to ...

LEAD POISONING: Niger to Establish Mining City  Niger State Governor, Alhaji  Abubakar Sani-Bello has called for multi-sectorial support and proactive measures to bring an end...

NEITI Urges Review of Oil Producing Agreements The Nigeria Extractive Industries Transparency Initiative (NEITI) has alerted the nation on the urgent need to review the...

NASS Explains Grey Areas on the Signed 2018 Budget The House of Representatives is appreciative of President Muhammadu Buhari in signing the 2018 Appropriation Bill...

Dangote launches N2bn village for IDPs in N/East ….Dangote is the fourth arm of Govt-Shettima   Barley two weeks after donating 150 cars to the Nigeria Police,...

Forex: CBN gives Retail SMIS $343.06m boost The retail Secondary Market Intervention Sales (SMIS) has received a boost of $343.06 million from the Central Bank...

IPPIS: AGF Ahmed Idris Resolves Police Salary Challenges In his characteristic manner of bringing new strategies to deal with difficult challenges that tend to persist,...