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All posts tagged "headline"

  • Lawmakers to pass 2017 budget by end of March – Saraki

    Nigerian lawmakers aim to pass the 2017 budget by the end of March, the president of the upper house of parliament said on Tuesday, following a meeting with President Muhammadu Buhari. The budget lays out plans to...

    • Posted March 15, 2017
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  • Kerosene price decreases by 18.77% in February

    The National Bureau of Statistics (NBS) said that average price per litre paid by consumers for National Household Kerosene, decreased by 18.77 per cent month-on-month in February. The bureau announced this in a “National Household Kerosene Price...

    • Posted March 15, 2017
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  • Inflation falls first time in 15 months – NBS

    Nigeria has recorded first drop in inflation rate in 15 months as the National Bureau of Statistics (NBS) reported that inflation rate dropped by 0.94 per cent in February from the 18.72 per cent recorded in January...

    • Posted March 15, 2017
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  • Rice Farmers Enjoy Growth amid Economic Downturn

    Young men, ageing widows and local chiefs — even civil servants — have taken to the fields to work in rice paddies that stretch for miles around Tarasa, a village in Kebbi State. Two years ago, the...

    • Posted March 14, 2017
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  • Falling oil prices threaten Nigeria’s earnings, reserves accretion

    The steady rise of Nigeria’s foreign exchange earnings and build-up of external reserves, which started about five months ago, is already under threat from exogenous shock arising from the recent fall in oil prices. Nigeria depends on...

    • Posted March 14, 2017
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  • We can’t allow naira to float freely – Emefiele

    The Governor, Central Bank of Nigeria (CBN), Godwin Emefiele, has said the bank cannot allow  faceless and criminally minded people to destroy the currency under the guise of a free float as is being canvassed by some...

    • Posted March 14, 2017
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  • Eko Disco threatens to publish names of energy thieves

    Eko Electricity Distribution Company Plc (EKEDC) has  threatened to publish the names of customers involved in energy theft also publish their names in the national dailies  as part of the measures to stem the tide of the...

    • Posted March 14, 2017
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  • CBN to pump more dollars as naira keeps appreciating

    The naira traded at 455 to a dollar amid liquidity boost in the Bureau De Change and parallel market segments of the forex market on Friday and Saturday. The naira also appreciated against the pound sterling and...

    • Posted March 13, 2017
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  • Customs commences vehicles duty verification today

    The Nigerian Customs Service will today commence the verification of all vehicles in the country to track those with genuine from fake documents. In a circular released early this month, the Comptroller-General of Customs, retired Col. Hameed...

    • Posted March 13, 2017
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  • Naira steady after Buhari return from UK medical leave

    Nigeria’s naira exchange rate was steady on both the official and black markets on Friday after President Muhammadu Buhari’s return home from extended medical leave in Britain. The naira was quoted at 310.50 on the official market...

    • Posted March 12, 2017
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