The value of cash withdrawals through Automatic Teller Machines (ATMs) rose sharply to N4.7 trillion in 2016, indicating increasing appetite for cash…
Economy
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Following media reports alleging irregularities in the rates at which foreign exchange was obtained by some individuals and companies from different Deposit…
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The fall of the Naira did not just happen overnight When Naira was stronger was when we had, 1. Peugeot Automobile Nigeria.…
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BusinessEconomyFinanceNews
Ban on importation of vehicles from land border will curb small arms smuggling
The Comptroller-General (C-G) of the Nigeria Customs Service (NCS) Col. Hameed Ali (rtd) said that the ban of importation of vehicles through…
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Senate has asked its Committees on Public Procurement and Works to as a matter of urgency, investigate alleged irregularities in awards and…
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Economic and Financial Crimes Commission, EFCC, has secured a court order mandating the return of the controversial OPL 245 to the Nigerian…
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Background The Monetary Policy Committee held its first statutory meeting of fiscal 2017 on 23rd and 24th January, 2017 against the backdrop…
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Federal Government has urged international oil companies, IOC, operating in the country to invest in the building of refineries in the country.…
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The Ministry of Mines and Hydrocarbons of Equatorial Guinea announces that it has submitted its interest to join the Organization of Petroleum…
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Nigeria has ratified the Trade Facilitation Agreement (TFA), making it the 107th World Trade Organisation (WTO) member to do so. Only three…
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Nigeria Liquefied Natural Gas, NLNG, has said that its vessel has successfully discharged 13,000 tonnes of Liquefied Petroleum Gas, LPG, also known…
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Chinese President Xi Jinping delivered a robust defence of globalization to business, government and civil society leaders in the opening plenary session…