Economy

Nigeria’s Free Trade And Economic Zones Get N18.1bn Funding

The Federal Executive Council (FEC) has approved N18.1 billion for the development of infrastructure at the nation’s free trade and…

5 years ago

Senate seeks legal backing for InfraCorp

Nigerian Senate on Tuesday re-emphasised the need for a consolidated, effective, economic and regulatory approach to address the infrastructure crisis…

5 years ago

Make your states viable, Emefiele charges governors

The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele has tasked Governors of the 36 States of…

5 years ago

CBN disburses N2bn to over 7,000 NYIF beneficiaries

The Central Bank of Nigeria (CBN) has disbursed a total of N2.04 billion to 7,075 beneficiaries under the National Youth…

5 years ago

Nigeria reviews Industrial Revolution Plan

Nigeria’s Industrial Revolution Plan is being reviewed to reflect the economic realities and aspirations of the Federal Government. The Minister…

5 years ago

MAN urges CBN to supply forex to manufacturers

The Manufacturers Association of Nigeria (MAN) advised the Central Bank of Nigeria (CBN) to provide foreign exchange to manufacturers to…

5 years ago

Nigeria’s FPIs drop by 77.4% in Q1

Foreign Portfolio Investments (FPIs) in Nigeria declined by 77.4 per cent year-on-year in the first quarter of 2021 to stand…

5 years ago

Nigeria’s Central Bank retains benchmark interest rate at 11.5%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday retained the Monetary Policy Ratio (MPR)…

5 years ago

Q1 GDP rate not reflective of manufacturing sector reality, says LCCI

The Lagos Chamber of Commerce and Industry (LCCI) has said that the 2021 first quarter 0.40 per cent Gross Domestic…

5 years ago

Nigerian economy grows by 0.51% in Q1 2021

The Nigerian economy grew by 0.51 per cent in the first three months of this year, the National Bureau of…

5 years ago

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