FG to Borrow $40m for Health Services The Federal Government is finalising arrangement to access $40million from the Global Financing Facility for every woman and child...
Efritin Shuts Nigeria Office Over Bad Economy Efritin (pronounced ‘Everything’) has stopped further investments in Nigeria and has wound down operations, just 16 months after its...
FG Loses N43.48bn Foreign Airlines BASA Remittances The federal government may have lost over N43.48 billion ($144 million) remittances paid by international airlines as reciprocity charges...
Tin-can Island Customs Generates N266bn in One Year The Nigerian Custom Service (NCS), Tin Can Island Port command has announced that it generated a total N256.41...
Global Food Prices Decline by 1.5% Prices of food around the world have declined by 1.5 per cent below 2015 levels, a monthly UN report has...
#OccupyCBN is Hired to Frustrate Our Forex Policy The Central Bank of Nigeria on Wednesday night said some paid groups are being hired by certain interests...
Naira Hits N495/Dollar as Forex Scarcity Lingers The Naira on Thursday depreciated further at the parallel market, ebbing close to the projection of speculators, the News...
Germany Pledges to Make More Young Nigerians Employable Mr. Stephen Awoyele, Project Coordinator for the German Dual Vocational Training Partnership with Nigeria, on Thursday expressed his...
CBN Recertifies 3,147 BDCs, 71 Finance Houses The Central Bank of Nigeria (CBN), yesterday, said that it has recertified 3,147 bureaux de change (BDCs) operators and...
US Blocks $550m Abacha Loot Prof. Itse Sagay, Chairman, Presidential Advisory Committee Against Corruption (PACAC), on Thursday said Nigeria risks losing another $550 million recovered from...