Economy

•CBN, NBET, huge debts, forex, vandalism blamed for woes •NBET: We’ve paid N186bn •CBN: GENCOs haven’t met conditions for disbursment Nigerian Bulk…

The Lagos Chamber of Commerce and Industry (LCCI) has urged the Federal Government to further review the restrictions on some imported items…

Central Bank of Nigeria CBN, has asked banks with dollar denominated facility to set aside extra provisions against such dollar loans immediately…

  The Central Bank of Nigeria (CBN), has affirmed its confidence in Skye Bank Plc., through a guarantee line which ensures that…

Activities on the Nigerian Stock Exchange (NSE) on Thursday maintained a negative slide with the market indices dropping further by 0.79 per…

…..says Economy will Pick Up Minister of Finance, Mrs Kemi Adeosun on Thursday said the Federal Government has disbursed a sum of…

The Petroleum Products Pricing Regulatory Agency (PPPRA) says that taxation of petroleum products like fuel, diesel, kerosene and gas holds a huge…

The Manufacturers Association of Nigeria (MAN) has urged government institutions to patronise locally made goods and services. The President of MAN, Dr…

Zenith Bank Plc has again been rated Nigeria’s most customer-focused bank by the leading Advisory and Consultancy firm, KPMG. In the 2016…

Secretary to the Government of Nigeria (SGF) Mr Babachir Lawal said in Abuja that Nigerians living abroad remitted $21 billion to the…

The naira Wenesday depreciated at the parallel market by N7 against the dollar. Vanguard investigation showed that the parallel market exchange rate…

Executive Secretary, Nigeria Extractive Industries Transparency Initiative (NEITI) Mr Waziri Adio said that Nigeria lost over $5.9 billion in 2013. Adio said…

Central Bank of Nigeria has said that it has no immediate plan to sell Skye Bank saying it has issued guarantees to…

Nigeria’s economy is likely to contract by 1.8 per cent this year, the International Monetary Fund (IMF) restated yesterday in its global…