Power supply in Nigeria is set to increase significantly, as the Nigerian National Petroleum Corporation said that the Trans Forcados oil pipeline…
Category:
Economy
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The Naira on Monday rebounded to gain N6 against the dollar following the Central Bank of Nigeria’s (CBN) plan to upwardly review…
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Director, Advisory, Oil and Gas, Price Water House Ltd. Mr Ritch Wingo said oil companies may lay off workers due to the…
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OPERATORS in the rice and palm oil sectors of the Nigerian economy have cried out that their investments and the Transformation Agenda…
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Global business and public sector leaders were in Davos Swizerland engaged in debate about the growing youth unemployment which many have said…
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The Securities and Exchange Commission (SEC) has approved plans by Access Bank Plc to raise N52.6 billion through rights issue for its…
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BusinessEconomyFinanceNews
Gross earnings for accommodation sector stands at N2.5bn in 3 years — NBS
The National Bureau of Statistics (NBS) yesterday said the gross earnings for the accommodation sector stood at N2.5 billion between 2010 and…
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BusinessEconomyFinanceNewsStock Market
Capital market operators seek increase in domestic investors’ participation on NSE
The Association of Stockbroking Houses of Nigeria (ASHON) on Friday said that the nation’s capital market would experience stability with increased participation…
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Commissioner for Finance and Economic Development Ebonyi state Mr Timothy Odah, says the state’s Internally Generated Revenue (IGR) has risen to N1…
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Gov. Babatunde Fashola of Lagos State says the ongoing political campaigns are impacting positively on Nigerians and the nation’s domestic economy. Fashola…
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AgricultureBusinessEconomyIndustryNews
FG approves low interest funding plan for cotton, textile manufacturers
… Military, paramilitary, govt institutions to patronise made-in Nigeria fabrics Federal Government yesterday announced a new funding policy mechanism that will ensure…
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The Minister Of Finance, Dr Ngozi Okonjo-Iweala, said on Tuesday said that the Federal Government had no plans to review the oil…
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BusinessEconomyNewsOil and Gas
IMF cuts global growth outlook, as crude oil prices near $48 a barrel
The International Monetary Fund, IMF, yesterday, lowered its forecast for global economic growth in 2015, and called on governments and central banks…
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EconomyFinanceNews
Central Bank of Nigeria Communique No. 99 of the Monetary Policy Committee Meeting of Monday 19th and Tuesday 20th January, 2015
The Monetary Policy Committee (MPC) met on January 19 and 20, 2015 against the backdrop of challenging external conditions and downside risks…