Nigeria Must Eliminate Multiple Exchange Rates A former Governor of the Central Bank of Nigeria, Prof. Chukwuma Soludo, on Monday highlighted steps the Federal Government needed...
FG Fails to Release N100bn Subsidy, Say Power Firms The 11 electricity distribution companies operating in the country on Monday said the Federal Government had failed...
FMDQ OTC Posts ₦13.42tn Turnover FMDQ OTC Securities Exchange recorded ₦13.42tn worth of transactions in fixed income and currency markets in March. This is contained in...
Lagos Generated N436bn Internal Revenue in 2016 The Lagos State Government generated N436.3 billion internal revenue in 2016 from the N399.4 billion realised in 2015. The...
Nigeria Said to Let Market Decide Naira Rate on Exchange Window Nigeria’s central bank will let the market determine the naira’s rate in a new foreign-exchange...
FG Exploring $300m Diaspora Bond to Make Nigerians Abroad Buy into ERGP The federal government is to float a $300 million Diaspora Bond as part of...
Interbank Rates Rise on Cash Shortage The Nigerian Inter-Bank Offered Rate (NIBOR) climbed by about 20 percentage points on Friday after the Central Bank of Nigeria’s...
External Reserves Stand at $30.6bn Despite all the dollars pumped into the foreign exchange (FX) market by the Central Bank of Nigeria (CBN) since February 20...
German, Nigerian Firms Sign Waste Bin Supply Pact Germany-based manufacturer of waste and recycling bins and containers for the collection and transportation of solid waste, SSI...
Telecom Firms Lose N156.3bn Monthly to Dormant Lines Telecommunications companies in the country are losing about N156.3bn in potential revenue every month due to the increasing...