News In : Economy   (Page 8)
  • World Forecasts 2.5% Growth for Nigeria in 2018
  • The World Bank has forecast that economic growth in Nigeria would edge up to at least 2.5 per cent in 2018, as the country benefits from improved commodity prices, investments and trade. According to the World Bank&rsqu[...]
  • Date Posted:: 10/Jan/2018
  • Nigeria Spends 34% of Revenue on Debt Servicing – DMO
  • Nigeria spends 34 per cent of its revenues on debt servicing, the Debt Management Office has said. In a clarification on the country’s debt status entitled: ‘Nigeria’s Public Debt – Some Recurrin[...]
  • Date Posted:: 10/Jan/2018
  • External Reserves Hit Four-year High of $40.4bn
  • Nigeria’s external reserves have risen to $40.4 billion, the Central Bank of Nigeria (CBN) revealed Monday, making it the first time in exactly four years since the country’s reserves hit the $40 billion mark[...]
  • Date Posted:: 09/Jan/2018
  • Nigeria’s Economy Growing Bigger, Stronger
  • Binatone Nigeria Managing Director Mr. Prasun Banerjee, in this interview with TOBA AGBOOLA, speaks on how the company is surviving despite the tough economy. He talks about his brand and the innovations targeted at winn[...]
  • Date Posted:: 08/Jan/2018
  • Bank loans, Collateral to Rise in Q1 –CBN
  • Companies of all sizes will demand more loans during the first quarter of 2018 and commercial banks have indicated plans to demand more collateral, the Central Bank of Nigeria Credit Conditions Survey Report has revealed[...]
  • Date Posted:: 08/Jan/2018
  • Senate Dares FG, says 2018 Budget Won’t be Passed Until Ma...
  • FG releases N750bn capital projects fund to MDAs Another round of face-off looms between the executive and the legislature over the N8.612 trillion 2018 Budget is imminent as the Senate on Tuesday, criticised President M[...]
  • Date Posted:: 20/Dec/2017
  • Debt Servicing: FG to Concentrate on External Borrowings
  • General of the Debt Management Office, DMO, Ms. Patience Oniha, said yesterday that the Federal Government would focus more on external borrowings to reduce debt servicing. Oniha said in Lagos that in order to move forwa[...]
  • Date Posted:: 19/Dec/2017
  • ACTN, Analysts Attack CBN’s Naira Intervention
  • Members of the Association of Corporate Treasurers of Nigeria and financial market analysts have urged the Central Bank of Nigeria to allow the forces of market to dictate and stabilise the naira. They also called on th[...]
  • Date Posted:: 19/Dec/2017
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