News In : Economy   (Page 1)
  • Recovered Loots will Fund only Budgeted Projects – FG
  • The Federal Government has said all looted funds recovered by the anti-graft agencies and through whistleblowing policy will be used to fund projects that are captured in the national budget. The Attorney General of the[...]
  • Date Posted:: 06/Dec/2018
  • CBN Intensifies Excess Liquidity Mop Up
  • Following the closure of Nigeria’s Treasury Bills (NTBs) issue calendar for 2018, the Central Bank of Nigeria (CBN) has intensified its mop up of excess liquidity in the system through open market operations (OMO).[...]
  • Date Posted:: 06/Dec/2018
  • CBN Disburses N100bn MSME Fund to Support Growth
  • “So far, the CBN has, through its MSME fund, disbursed over N100 billion to the MSME sector, but we still feel a lot can be done.” The Micro, Small and Medium Enterprises (MSMEs) have gulped over N100 billio[...]
  • Date Posted:: 04/Dec/2018
  • Nigerias inflation Rate will Rise to 11.4%, Says CBN
  • Nigeria’s inflation rate is expected to rise to about 11.4 per cent for the rest of this year till mid-2019, the Central Bank of Nigeria has said. The CBN Governor, Godwin Emefiel*e, disclosed this while speaking[...]
  • Date Posted:: 03/Dec/2018
  • Why MPC Withdrew from Further Monetary Policy Tightening —...
  • MPCA herd of finance and economic experts have explained why all the members of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) voted to refrain from further tightening of monetary policy. The C[...]
  • Date Posted:: 26/Nov/2018
  • CBN, ABCON’s partnership Stabilising Naira – Gwadabe
  • The President, Association of Bureaux De Change Operators of Nigeria, Alhaji Aminu Gwadabe, has said the ongoing strategic partnership between the Central Bank of Nigeria and the association has kept the naira stable at[...]
  • Date Posted:: 26/Nov/2018
  • Federally Collected Revenue Rose to N2.52tn in Q3
  • The nation’s federally collected revenue for the third quarter of this year rose by 8.9 per cent to N2.52tn, compared to the previous quarter, the Central Bank of Nigeria has said. The CBN, in its economic report[...]
  • Date Posted:: 20/Nov/2018
  • KPMG, PwC Others Warn on Nigeria’s Debt to Revenue Ratio
  • Nigeria’s  debt to revenue ratio is alarming, KPMG Partner, Ayodele Salami has said. He warned that with a debt of N22.2 trillion, the nation will be in dire straits servicing the debt  in the next five[...]
  • Date Posted:: 19/Nov/2018
  • TUC Urges Govs to Curb Spending to Pay N30,000 Minimum Wage
  • The President of Trade Union Congress of Nigeria (TUC), Mr. Bobboi Kaigama has charged state governors to cut down on ostentatious and reckless spending to enable them pay the N30,000 minimum wage submitted by the tripar[...]
  • Date Posted:: 19/Nov/2018
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