All posts tagged "headline"
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Foreign exchange reserves exceed $30 billion as of March 8 – CBN
Nigeria’s foreign exchange reserves rose above $30 billion as of March 8 to its highest level since October 2015, the Central Bank of Nigeria (CBN) data showed on Friday. Nigeria’s dollar reserves have increased by 15.02 percent...
- Posted March 12, 2017
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Again, Soludo attacks FG’s approach to economy
For the umpteenth time, former Central Bank of Nigeria (CBN) Governor, Prof. Charles Soludo took a swipe on the Federal Government over its management of the economy. He said the present government inherited a wobbling economy but...
- Posted March 12, 2017
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Airport closure: I’ll remain in Kaduna for six weeks – Aviation Minister
As the Kaduna International Airport continues to bubble following the closure of Nnamdi Azikiwe International Airport (NAIA), Abuja, Minister of State for Aviation, Senator Hadi Sirika has indicated he would remain in Kaduna throughout out the six...
- Posted March 11, 2017
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Naira appreciates against dollar, pound sterling, Euro
The Naira traded at N455 to a dollar amid liquidity boost in the Bureau de Change and parallel market segments on Friday in Abuja. It also appreciated against the Pound Sterling and Euro as it traded at...
- Posted March 11, 2017
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World Bank mobilises $1.6bn for Nigeria, Yemen, Sudan to tackle hunger
The World Bank Group on Thursday revealed that it was working towards a financial package of more than $1.6 billion to build social protection systems, as well as fight the devastating levels of food insecurity in sub-Saharan...
- Posted March 10, 2017
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Governor Abubakar visits oil prospecting site, commends FG’s commitment
Governor Mohammed Abdullahi Abubakar has commended federal government’s effort through the Nigerian National Petroleum Corporation (NNPC) in prospecting for oil in Benue Trough of the Gongola basin. He stated this on Thursday when he visited the site...
- Posted March 10, 2017
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Debt: CBN, NCC to meet with Etisalat, banks Friday
The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) will Friday hold a fresh meeting with Etisalat Nigeria and a consortium of banks over the failure of the telecom company to pay back N541.8billion...
- Posted March 10, 2017
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FG looks to 2020, targets 7% growth under economic recovery plan
The much-awaited Economic Recovery and Growth Plan (ERGP) of the federal government, which targets a gross domestic product (GDP) growth rate of 7 per cent by 2020, was finally released on Tuesday, paving the way for government...
- Posted March 9, 2017
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Debt: NCC moves to rescue Etisalat
The Nigerian Communications Commission (NCC) has said it is discussing with the Central Bank of Nigeria (CBN) and some commercial banks in the country over the unpaid loans issue they have with Etisalat Nigeria. A top NCC...
- Posted March 9, 2017
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Senate rejects Customs’ plan to impound vehicles
The Senate yesterday rejected plans by the Nigeria Customs Service (NCS) to impound vehicles whose customs duties have not been paid. Adopting a motion by Deputy Senate Leader, Bala Na’Allah (APC, Kebbi) the Senate directed the NCS...
- Posted March 9, 2017