Economy

Kano, Lagos demand a 1% increase in revenue allocation

Kano State Governor Abdullahi Ganduje says Kano and Lagos States are demanding 1 per cent in the new nation’s revenue…

4 years ago

CBN retains benchmark interest rate at 11.5%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN)has retained the Monetary Policy Rate (MPR) at 11.5…

4 years ago

CBN may name and shame agricultural loan defaulters

The Central Bank of Nigeria (CBN) has threatened to publish in newspapers the names of loan defaulters under its Agricultural…

4 years ago

Ortom commends Buhari over N18bn loan to states

Governor Samuel Ortom de Benue congratulated the federal government on releasing N18 billion from the Central Bank of Nigeria in…

4 years ago

Nigerian govt begins disbursement of N1.8bn to vulnerable households in Benue

The federal government has on Thursday began paying N1.8 billion to 58,963 households in Benue, under its conditional cash transfer…

4 years ago

Nigerian economy grows by 4.03% in Q3

Nigerian economy grew by 4.03% in the 3rd Quarter of 2021, the Statistician-General of the Federation and Head of National…

4 years ago

NDIS: Nigeria assures diasporas security of investments

The Nigerian Government has assured its diasporas of a secure investment and enabling business environment. Vice President Yemi Osinbajo said…

4 years ago

CBN maintains stance against cryptocurrencies

The Central Bank of Nigeria (CBN) has reiterated that cryptocurrency usage poses a lot of risk to the Nigerian economy…

4 years ago

eNaira may pose risk to economy -IMF

The International Monetary Fund (IMF) has stated that the recently launched e-Naira has the potentials for Financial Inclusion and boost…

4 years ago

House of Reps okays external loan for critical infrastructure

The Nigerian House of Representatives has approved a loan request of $16 billion and £1 billion under the 2018-2021 external…

4 years ago

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