Economy

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  Oil price slump: NSIA rules out withdrawal from SWF

  The federal government is unlikely to make withdrawals from Nigeria’s Sovereign Wealth Fund (SWF),...

  • Posted March 4, 2015
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  Nigeria’s revenue shrinks by 28% amid oil price slump

  The sharp fall in oil prices in the last seven months has resulted in...

  • Posted March 3, 2015
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  Remove subsidies on petroleum products – LCCI tells FG

  The Lagos Chamber of Commerce and Industry has called on the Federal Government to...

  • Posted March 3, 2015
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  Exporters reject CBN directive on export proceeds

  Stakeholders in the non-oil export sector have rejected the Central Bank of Nigeria’s new...

  • Posted February 28, 2015
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  Nigeria listed among 20 Fastest Growing Economies

  A new survey released by Bloomberg has projected that Nigeria, China, the Philippines, Kenya,...

  • Posted February 28, 2015
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  Nigerian economy will bounce back, get stronger – Dangote

  Africa’s richest man, Alhaji Aliko Dangote, has allayed concerns over the Nigerian economy brought...

  • Posted February 27, 2015
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  Foreign reserves drop by $2.7bn in two months

  The nation’s foreign exchange reserves tumbled by $2.68bn in less than two months to...

  • Posted February 27, 2015
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  FG moves to bridge $2.4tn infrastructure funding gap

  The federal government will soon begin the implementation of a strategic investment master plan...

  • Posted February 26, 2015
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  FG promises to pay N264bn outstanding subsidy claims by March end

  The Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala has...

  • Posted February 26, 2015
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  35% levy on Tokunbo vehicles begins July 1

  The implementation of the 35 per cent import levy on used cars will now...

  • Posted February 26, 2015
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