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Category Archives: EconomyArchives

CBN CBN supply crashes dollar to N376 in Black Market The Naira firmed up at the Bureau de Change (BDCs) segment on Thursday, April 20, 2017, trading at between N376 and N378 to the United States Dollar...

…As FG Saves N4bn Monthly on MDAs Bank Accounts The Federal Government has recorded a whopping over N7 trillion in the Treasury Single Account (TSA) towards the end of March 2017, Accountant General...

CBN There are strong indications that the demand for foreign exchange by authorized dealers has slumped, as the dealers were only able to pick $45 million out of the $100 million offered by the CBN on...

NIMASA In a bid to ensure safe and secure shipping on the Nigerian territorial waters, the Nigerian Maritime Administration and Safety Agency (NIMASA) has warned all owners of abandoned Ships/Vessels to...

Our attention has been drawn to publications in the media which are believed to have emanated from the Economic and Financial Crimes Commission (EFCC) about a purported report the anti-graft agency submitted...

NNPC The Nigerian National Petroleum Corporation(NNPC) yesterday said it has reached a settlement agreement with Taleveras Group of Companied and two other companies involved in the $184 million crude...

MD NPA Hadiza Bala Usman My attention has been drawn to malicious lies being bandied around by a Prince Henry Nwazuruahu on my person. I wish to CHALLENGE him to bring up evidence on any such meeting with...

AGF Ahmed Idris FAAC FG, STATES AND LGC’S SHARE N429.127 BILLION FOR THE MONTH OF FEBRUARY    2017 A total of N429.127 billion has been distributed  as Federal Allocation for the month of February,...

AGF Ahmed Idris FAAC FAAC Shares N429bn February Allocation to Tiers of Government A total of N429.127 billion has been distributed as Federal Allocation for the month of February, 2017 to Federal Government,...

CBN As the Naira continues to appreciate against the dollar and other foreign currencies amid liquidity boost, indications emerge that CBN is unrelenting in its move to ensure more liquidity in the interbank...