Browsing Category
Business & Economy
Obaseki’s claim on printing of N60b untrue, says minister
Minister of Finance, Budget and National Planning, Zainab Ahmed, has said there is no iota of truth in the claim made by the Edo State Governor, Godwin Obaseki, that the Central Bank of…
Read More...
Read More...
How households, SMEs can apply for N50bn COV-19 loans – CBN
The Central Bank of Nigeria has said that households and businesses affected by the Covid-19 can now apply for loans under its N50bn Targeted Credit Facility.
The apex bank noted that…
Read More...
Read More...
Dangote, Flour Mills, BUA fight over sugar production, market price
Three prominent Nigerian conglomerates-- Dangote Group, Flour Mills and BUA-- are currently locked in a tug of war over production and export of sugar.
Chairman of Dangote Group of…
Read More...
Read More...
Nothing we can do about petrol price increase — FG
Minister of Finance, Zainab Ahmed, has said the Federal Government, in line with the deregulation of the oil sector, will leave the prices of petroleum products to be determined by the…
Read More...
Read More...
Nigerians to pay for USSD services as CBN introduces new charges
The Central Bank of Nigeria (CBN) has introduced new charges for customers using the Unstructured Supplementary Service Data (USSD) services.
The apex bank has announced that from…
Read More...
Read More...
Okonjo-Iweala meets Emefiele, pushes for digital economy
The new director-general of the World Trade Organization (WTO) Ngozi Okonjo-Iweala on Tuesday paid a visit to the Central Bank of Nigeria (CBN) Headquarters in Abuja.
Mrs Okonjo-Iweala…
Read More...
Read More...
Nigeria’s unemployment rate rises to 33.3% — highest in over 13 years
The latest figures from the National Bureau of Statistics has revealed that Nigeria's unemployment rate rose from 27.1 per cent in the second quarter of 2020 to 33.3 per cent in the!-->…
Read More...
Read More...
Oil Sector: Time for labour to review its stance on deregulation
Helpless Nigerians presently managing to eke a living are being subjected to yet another stress of standing in long-winding queues of vehicles to buy petrol at fuel stations across the…
Read More...
Read More...
Nigeria exits recession as GDP grows by 0.11% in Q4 2020
Nigeria's Gross Domestic Product (GDP) grew by 0.11% (year-on-year) in real terms in the fourth quarter of 2020, representing the first positive quarterly growth in the last three…
Read More...
Read More...
FG suspends ban on cryptocurrencies
The Federal Government has suspended its plan to ban cryptocurrencies.
The Securities and Exchange Commission made this known in a statement on Thursday.
“For the purpose of…
Read More...
Read More...