ECONOMY
Nigeria’s reserves dip to $39.2b, puts Pressure on naira
Nigeria’s reserves dip to $39.2b, puts Pressure on naira – The decline in foreign exchange reserves which dipped to $39.2 billion is threatening the naira. For two […]
ECONOMY
ECONOMY
Nigeria spent N12.7bn to subsidies fuel in five days at N35.78 per litre
Nigeria spent N12.7bn to subsidies fuel in five days at N35.78 per litre – THE Federal Government, through the Nigerian National Petroleum Corporation, NNPC, spent N12.69 […]
ECONOMY
FG, banks, deposits N13.9 trillion in CBN as Currency outside banks dip
FG, banks, deposits N13.9 trillion in CBN as Currency outside banks dip – The Central Bank of Nigeria (CBN) received N13.97 trillion deposits from the Federal […]
ECONOMY
Tax defaulters gets seven-day ultimatum from FIRS
Tax defaulters gets seven-day ultimatum from FIRS – The Federal Inland Revenue Service has given a seven-day notice to tax defaulters, with a warning that it […]
ECONOMY
Seme Customs Command seizes petrol, narcotics, others with N1.5b DPV
Seme Customs Command seizes petrol, narcotics, others with N1.5b DPV – The Seme Area Command of the Nigerian Customs Service (NCS), on Monday announced the seizure […]
ECONOMY
CBN’s loan directive Credit negative for banks – Fitch
CBN’s loan directive Credit negative for banks – Fitch: Global rating agency, Fitch, says the new requirement for Nigerian banks to have a loan to deposit […]
ECONOMY
Nigerian Stock market loses N291bn in four days
Nigerian Stock market loses N291bn in four days – Despite analysts’ predictions that the performance of the Nigerian stock market would begin picking up in the […]
ECONOMY
CBN identifies major economic sabotage in Nigeria
CBN identifies major economic sabotage in Nigeria – The Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele, says the bank, with some stakeholders, have […]
ECONOMY
Nigeria’s cocoa revolution gets boost as NEXIM disburses N20b
Nigeria’s cocoa revolution gets boost as NEXIM disburses N20b – The Nigeria Export and Import Bank (NEXIM) has said it has plans to reverse the dwindling […]
ECONOMY
Economy: Nigeria’s GDP rises by 2.01% In Q1, 2019 – NBS
Economy: Nigeria’s GDP rises by 2.01% In Q1, 2019 – NBS: The National Bureau of Statistics (NBS), said the nation’s Gross Domestic Product (GDP) grew by […]