Economy

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  2017 budget: FG targets N565bn from recovered loot, MTN fine

  The Federal Government hopes to raise a total of N565bn from recovered loot and...

  • Posted December 21, 2016
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  Monetary authorities faced with very difficult choices – CBN

  Monetary authorities in Nigeria are currently being faced with very difficult choices in the...

  • Posted December 20, 2016
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  MAN, LCCI, others oppose Senate on BoI scrapping

  The plan by the Senate to repeal the Act establishing the Bank of Industry...

  • Posted December 17, 2016
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  Inflation hits 18.48%, unemployment jumps to 13.9%

  The Consumer Price Index, which measures the rate of inflation in the country, rose...

  • Posted December 17, 2016
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  Government revenue dips by N33bn, FAAC shares N387bn

  The Federation Accounts Allocation Committee on Thursday allocated a total of N386.9bn to the...

  • Posted December 17, 2016
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  NPL sale will provide respite for Nigerian banks – Fitch

  Efforts to establish a specialised company to acquire Nigerian banks’ non-performing loans will, if...

  • Posted December 15, 2016
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  Stakeholders call for investment in assets maintenance

  Engineers and experts in assets maintenance and management have called for more investment in...

  • Posted December 13, 2016
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  External reserves hit three-month high, near $25bn

  The nation’s foreign exchange reserves have risen to a three-month high of $24.97bn from...

  • Posted December 13, 2016
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  Forex inflow drops by $447m on oil facility attacks

  The persistent attacks on the country’s oil installations by militants in the Niger Delta...

  • Posted December 12, 2016
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  CBN asks banks to rescue the economy

  The Central Bank of Nigeria has charged Deposit Money Banks in the country to...

  • Posted December 11, 2016
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