FG to Recapitalise Agric Bank With N3tn The Federal Government will recapitalise the Bank of Agriculture to the tune of N3tn in order to enable farmers...
CBN Opens Special Forex Window for SMEs The Central Bank of Nigeria on Monday said it had opened a special foreign exchange window for the Small...
Dollar Purchases Raise Interbank Rate to 14.5% The nation’s overnight lending rate has risen by 2.5 percentage points after the Central Bank of Nigeria debited bank...
CBN to Sustain Forex Intervention, Releases Fresh $418m The Central Bank of Nigeria on Sunday vowed to sustain its intervention in the foreign exchange market to...
NPDC Owes Federation $5.531bn, N72.435bn, Says NEITI The Nigerian Petroleum Development Company owes the federation the sum of $5.531bn and N72.435bn, the Nigeria Extractive Industries Transparency...
New Lottery Scheme’ll Fetch FG N50bn Annually – NLRC The Federal Government is set to earn around N50bn annually from a new lottery scheme called NaijaBillionaire....
CBN Releases $100m, Naira Rises to 397/$ The Central Bank of Nigeria on Thursday offered $100m in currency forwards, to be settled within 60 days, currency...
FG Recorded N3.21tn Fiscal Deficit in 2016 The Federal Government recorded a fiscal deficit of N3.21tn in its operations last year, figures obtained from the Central...
CBN, NDIC Warn against Ponzi Schemes The Nigeria Deposit Insurance Corporation (NDIC) thursday in Enugu warned Nigerians against patronising various ponzi schemes and other forms of...
German Factory Orders Recover as Economic Momentum Strong German factory orders rebounded from their steepest decline in eight years in a sign the recovery in Europe’s...