Economy

FG’s debt now N24.52tn – CBN

The Central Bank of Nigeria (CBN) has revealed that the Federal Government’s outstanding debt as of March 31 stood at…

6 years ago

CBN berates Nigerian Economic Summit Group over policy differences

The Central Bank of Nigeria, CBN, has berated the Nigerian Economic Summit Group, NESG, after it criticized measures taken by…

6 years ago

COVID-19: Banks increase loans to customers in H1

Amid the COVID-19 lockdown, the members of the Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) have revealed that…

6 years ago

Crude Oil: NIMASA set to change shipment terms of trade

The Nigerian Maritime Administration and Safety Agency (NIMASA) is making efforts to change the Terms of Trade for the shipment…

6 years ago

Presidency speaks on why Buhari removed subsidy on petrol, electricity

The presidency on Sunday, shed more light on the removal of fuel subsidy, which has triggered a continuous increase in…

6 years ago

NSC, NRC, NPA join hands to ease ports congestion

The Nigerian Shippers’ Council (NSC), the Nigerian Railway Corporation (NRC) and the Nigerian Ports Authority (NPA) are joining hands to…

6 years ago

Devaluation of Naira will continue until imports reduce – Sanusi

Former governor of the Central Bank of Nigeria (CBN), Muhammed Sanusi, has stated that the devaluation of the naira will…

6 years ago

FG approves $3.1 billion for automation of customs’ operations

The President Muhammadu Buhari-led federal government has approved the sum of $3.1 billion for the automation of the operations of…

6 years ago

NITDA planning to establish centre for artificial intelligence, robotics

The National Information Technology Development Agency (NITDA) has said it is set to establish a Centre for Artificial Intelligence and…

6 years ago

Spain becomes Nigeria’s top destination for exports

Spain got 14% (N310.7 billion) of the total export trade of Nigeria in Q2 2020 to become Nigeria’s top export…

6 years ago

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