Atiku’s Forex Policy Won’t Work – Emefiele The governor of the Central Bank of Nigeria, Godwin Emefiele, has warned that the suggested foreign exchange policy of...
Polaris Bank: AMCON in Search of Investors The Asset Management Corporation of Nigeria is in search of new management for Polaris Bank, the new commercial bank...
FG Signs $100m Agreement for Warri Port The Federal Government on Tuesday signed a concession agreement with Ocean & Cargo Terminal Services Limited for Terminal B...
CBN Keeps Interest Rate at 14% The Monetary Policy Committee left interest rate unchanged on Tuesday following two consecutive rises in consumer prices and concerns over...
Nigeria’s Production Rises Most Among OPEC in December Nigeria’s crude oil production rose the most among the Organisation of Petroleum Exporting Countries in December. OPEC, in...
Forex Restriction Aids Foreign Reserves – Audu Ogbeh The foreign exchange restriction imposed on 42 items has helped ease pressure on the national foreign reserves, according...
Minimum Wage: National Council of State Approves N27,000 The National Council of State has approved N27,000 as the new national minimum wage, Dr Chris Ngige, the...
Oil Price Falls on Growing Concerns Over China Global oil price dropped on Tuesday after data showed slowing growth in China, the world’s largest importer of...
Nigerians to Pay N70,000 for New International Passport The Nigerian Immigration Service (NIS) has said Nigerians applying for the new improved international passport will pay N70,000....
IMF Lowers Nigeria’s Growth Rate for 2019 The International Monetary Fund (IMF) on Monday lowered Nigerian growth projection for 2019, citing the change in oil outlook...