Economy

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  2017 budget: Recovered loot to part-fund N2.69tn deficit

  The Federal Government is proposing to fund part of the 2017 budget deficit of...

  • Posted November 16, 2016
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  Analysts forecast wide gap of inflation increase in October

  Ahead of the release of consumer price index (CPI) data for October on Wednesday...

  • Posted November 14, 2016
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  FG saves N48bn from Treasury Single Account

  The implementation of the Treasury Single Account by the Federal Government has resulted in...

  • Posted November 14, 2016
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  ATM card suspension: Banks reject naira for visa payment

  Thousands of United Kingdom and Canadian visa applicants and intending travellers wanting to book...

  • Posted October 19, 2016
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  Dollar scarcity: Banks suspend ATM card usage abroad

  Deposit Money Banks have begun suspending their Automated Teller Machine cards (debit and credit)...

  • Posted October 18, 2016
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  Naira to continue gain on dollar supply to BDCs

  The naira is expected to appreciate further this week following the Central Bank of...

  • Posted October 18, 2016
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  Releasing funds to contractors will end recession — Fashola

  The Federal Government has said it is investing massively in road construction, public housing...

  • Posted October 17, 2016
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  External reserves hit 11-year low of $24.21bn

  The country’s external reserves have hit an 11-year low of $24.21bn, according to the...

  • Posted October 17, 2016
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  Inflation rate rises to 17.9% – NBS

  In September, the Consumer Price Index, which measures inflation across the country, increased by...

  • Posted October 16, 2016
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  CBN approves special forex sale for airlines, others

  The Central Bank of Nigeria has approved a special secondary market intervention retail sales...

  • Posted October 16, 2016
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