News In : Economy   (Page 1)
  • BoI Loan Disbursements to Kaduna MSMEs hit N47bn
  • The Bank of Industry has disbursed loans in excess of N47bn to support the Micro, Small and Medium-scale Enterprises in Kaduna State. The Managing Director of the bank, Mr. Olukayode Pitan, said this on Tuesday at a mee[...]
  • Date Posted:: 22/Sep/2017
  • Senate, W’Bank Seek End to States’ Mismanagement of Loan...
  • Leadership of the Senate on Thursday met with officials of the World Bank on how to ensure proper utilisation of loans obtained by state government from the global lender. The Majority Leader of the Senate, Senator Ahma[...]
  • Date Posted:: 22/Sep/2017
  • CBN Funding of FG Excessive, Says Salami
  • The Central Bank of Nigeria is acting like a “piggy bank” with its funding of the government, a member of the Monetary Policy Committee, Dr. Doyin Salami, has said. Salami said he was struggling to understan[...]
  • Date Posted:: 21/Sep/2017
  • Economy: Fear grips Nigeria, Others as oil Goes Out of Fashi...
  • Fossil fuels are fast going out of fashion. No fewer than 10 countries, including India, France and United Kingdom (UK), have set dates to end the use of petrol and diesel-powered cars, an indication that hydrocarbon fue[...]
  • Date Posted:: 21/Sep/2017
  • Emefiele Identifies Bottlenecks to Mortgage Financing
  • The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele has identified various bottlenecks hindering genuine investors and by extension free flow of funds into the mortgage sector. The central bank governor whil[...]
  • Date Posted:: 21/Sep/2017
  • Nigeria’s Foreign Debts Hit $15.05bn in June – NBS
  • The National Bureau of Statistics, NBS, yesterday, said Nigeria’s foreign debt stood at $15.05 billion, while the domestic debt portfolio was put at N14.06 trillion in June this year. According to the NBS, this rep[...]
  • Date Posted:: 20/Sep/2017
  • NECA faults NBS 2.19 Per cent Growth, Says Economy Still in ...
  • The Nigerian Employers Consultative Association (NECA) has faulted recent report by the National Bureau of Statistics (NBS) that Nigeria had exited recession, saying the economy was still in the woods. Speaking in Lagos[...]
  • Date Posted:: 20/Sep/2017
  • Minister Affirms Federal Government’s Commitment to Econom...
  • Despite exiting recession, a lot is still required by the Federal Government to realise the full promise of the Economic Recovery and Growth Plan (ERGP), which will have a rapidly growing economy with diversified sources[...]
  • Date Posted:: 20/Sep/2017
  • IMF Puts Global Cost of Bribery at $2tn Annually
  • The International Monetary Fund (IMF) has estimated that the annual cost of bribery — just one sub-set of corruption — to be between $1.5 and $2trillion. This, the Fund estimated to be about two per cent of[...]
  • Date Posted:: 20/Sep/2017
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