CBN, Finance minister disagree on call for interest rate cut
The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday retained the Monetary Policy Rate, which is the benchmark lending rate, at the...
Business
RMAFC advises FG against sale of NLNG, national assets
The Revenue Mobilisation Allocation and Fiscal Commission, RMAFC has said that Nigerian Liquefied Natural Gas, NLNG, and other federation assets should not be sold to...
Concession: FG to Raise $2bn from Lagos-Kano/Port Harcourt- Maiduguri Rail
The federal government plans to raise $2 billion through the concession of the existing Lagos-Kano/Port-Harcourt-Maiduguri rail line, the Minister of Budget and National Planning, Senator...
N-Power, FG’s 500,000 jobs scheme for unemployed graduates, others enter assessment phase
About a million Nigerian undergraduates who have applied online for the N-Power programme of President Muhammadu Buhari administration would now be assessed in order to...
Recession: The worst is over, economy recovering- Emefiele
As Nigerians grapple with the worst economic crisis to befall the country in more than two decades, the Governor of the Central Bank of Nigeria...
BREAKING: FG releases N350bn to boost economy
The Minister of Finance, Mrs. Kemi Adeosun, gave the figure on Friday while briefing journalists on interventions measures being taken by the government to reflate...
Budget: FG to raise $1bn via Eurobond in November
In order to finance the 2016 budget, the Federal Government is to raise $1bn through the issuance of Eurobonds by November, investigation has shown. The...
High Port Charges: Nigerian importers divert cargoes to neighbouring countries
Importers in Nigeria are now diverting cargoes to neighbouring countries to avoid undue restrictions at the country’s ports and high custom duties, a report has...
Zenith Bank introduces *966# Fridays, offers triple free airtime
Nine hundred and sixty-six people will enjoy triple value on airtime purchases made every Friday through the Zenith Bank Plc. This means that buying N1000...
Nigeria’s Exports Grow By 63% to N1.873trn in Q2
The total value of Nigeria’s export trade increased to N1.873 trillion in the second quarter (Q2) of 2016, representing an increase of N725.6 billion or...