Federal government will next month remove 36 per cent oil subsidy, bringing the price per litre of petrol of 51.87 kobo as…
Business News Report
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General staff headquarters (GHQ) and the internal affairs ministry, now appear to be at loggerheads over the clearance of imported kolanuts which…
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Most audit reports in Nigeria are falsified of the wishes of business owners a Republic investigation has revealed. According to response to…
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The government of any country has a variety of economic objectives it seeks to achieve through the use of either fiscal, monetary…
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In August, money (made up of notes and coins) increased by N399.5 million or 3.4 per cent toN12.3 billion. This compared with…
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The day was Wednesday, December 16, 1987. The venue, Nigerian Institute of International Affairs, Victoria Island, Lagos. The grandeur of the occasion…
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Nigeria realised a total of N135.6 million from two of the three pre-shipment inspection agencies between April and June 1987. According to…
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Exporting firms have decried the Central Bank‚Äôs indiscriminate use of embargo instrument on their companies. Most of the firms have accused the…
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The board of directors of the Central Bank of Nigeria has rejected the bank‚Äôs management proposal to establish a public relations department…
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International money and capital markets are markets for lending and borrowing and in the case of Nigeria for buying dollars and other…
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Nigeria, for over five years now has persistent balance of payment problems. The forces that shaped the balance of payments are numerous…
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Nigeria produced an estimated 40.311 million barrels of crude oil at the rate of N1.301 million barrels a day (mbd) in the…
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Banks operating in the country have been given guidelines by the Central Bank of Nigeria, CBN, on foreign exchange settlement rate for…
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Kingsway Stores the retail outlet for UAC products is to be phased out. The Republic investigation revealed that were hitherto used by…
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The Nigerian Bureau of the Eco Bank is to take off in January following the granting of licence to the bank by…