FG Records N397bn Deficit in May The Federal Government recorded N397 billion deficit in May due to slowdown in economic activities, which occasioned 48 per cent...
Inflation Continues to Cool in June Cost of goods and services in Nigeria continue to moderate in June following the surge in forex liquidity in the...
Ambode kicks Off Tree Planting Programme Lagos State Governor Akinwunmi Ambode has kicked off this year’s tree planting season in Coker Aguda Local Development Area (LCDA)....
Bank-to-bank Forex Deals Resume Banks can now directly sell foreign exchange (forex) to one another, without prior Central Bank of Nigeria (CBN) approval. The policy shift...
Presidency Insists no Senate Confirmation for Magu The row over the Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ibrahim Magu, assumed a...
Stock Market Rebounds, Gains 2.5% on Renewed Optimism The stock market shrugged losses of the previous week and closed 2.47 per cent higher last week as...
FG Lost $6bn to DPR’s Poor Administration of Divested Oil Blocks The federal government lost an estimated $6 billion as a result of the Department of...
Heritage Bank, Firm Seal N232m Deal on Oil Palm Production Heritage Bank Plc has signed a N232million agreement for the pilot phase of its out-growers agreement...
FG Supports 327,000-tonne Iron, Steel Plant The Federal Government has announced its support for the establishment of a 327,000-tonne iron and steel plant as part of...
Refineries Now Supplying 60% kerosene Demand – NNPC The Nigerian National Petroleum Corporation on Sunday said that its refineries in Port Harcourt, Warri and Kaduna were...