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FG spent N1.5tn on capital projects in 2017 – Adeosun
The Minister of Finance, Mrs. Kemi Adeosun, has said more than N1.5tn was spent on capital infrastructure in 2017.
Adeosun, who…
Investment inflow into Nigeria rises to $6.3bn – NBS
The National Bureau of Statistics (NBS) on Friday released the capital importation report for the first quarter of this year, with…
$1.8bn TAM contract: SERAP, NBA, others condemn FG, NNPC
The Socio-Economic Right and Accountability Project (SERAP) and other prominent civil rights groups on Monday criticized the …
Banks sabotaging efforts on new notes – CBN
The Central Bank of Nigeria (CBN) has blamed commercial banks for sabotaging its efforts in replacing mutilated notes with new…
Most States Can’t Survive without Federal Allocation, says Osinbajo
The Vice-President (VP), Prof. Yemi Osinbajo, has declared that most states of the federation cannot survive without the monthly…
CBN to reduce interest rate before year-end – Report
Entrepreneurs might soon have reasons to smile as the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) is…
2019: Election spending may affect naira stability – CBN
The Central Bank of Nigeria (CBN) has warned that the economy faces inflation and financial stability risks over the short-to…
Naira weakens marginally against dollar at parallel market
The Naira on Monday weakened marginally against the dollar at the parallel market in Lagos, the News Agency of Nigeria reports.…
FG spent $36.3 billion on Fuel importation in five years.
The Central Bank of Nigeria (CBN) on Monday said Nigeria spent 36.3 billion dollars on the importation of petroleum products…
Nigeria seals N720bn currency swap deal with China
The Central Bank of Nigeria (CBN) has signed a currency swap deal with the Peoples Bank of China (PBoC) worth Renminbi (RMB) 15…