News In : Economy   (Page 9)
  • Wary Investors Steer Clear of FGN Savings Bond
  • DMO, analysts differ on challenges as patronage crashes By Babajide Komolafe INVESTORS appetite for the newly introduced Federal Government of Nigeria, FGN, Savings Bond (FGN-SB or Savings Bond) has eroded by 88 percent[...]
  • Date Posted:: 18/Dec/2017
  • Banks Borrow N671bn From CBN in Five Days
  • Fhe Deposit Money Banks in the country borrowed the sum of N671.47bn from the Central Bank of Nigeria in the past five working days, data from the CBN have revealed. The CBN Standing Lending Facility window data reveale[...]
  • Date Posted:: 18/Dec/2017
  • Knocking Sense Into the Minimum Wage Issue
  • FOR an economy buffeted by considerable turbulence, the outcome of the ongoing review of public service pay may have far-reaching consequences. An upward review of salaries across the board has already been promised by P[...]
  • Date Posted:: 18/Dec/2017
  • Reps Put N26bn Industry Ministry’s Budget on Hold
  • The House of Representatives Committee on Commerce on Thursday put on hold the defence of the 2018 budget proposal of the Ministry of Industry, Trade and Investment. The primary reason was the failure of the Minister of[...]
  • Date Posted:: 15/Dec/2017
  • Emefiele: Financial Ombudsman Bill to Be Re-submitted to Nat...
  • As part of efforts to ensure that the country meets its Financial System Strategy 2020 (FSS 2020), Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele thursday said the bill for the establishment of financial con[...]
  • Date Posted:: 08/Dec/2017
  • Financial System Key to Economic Growth, Says Emefiele
  • The Governor, Central Bank of Nigeria, Mr. Godwin Emefiele, says stakeholders in the country’s financial system must continue to work together to ensure that Nigeria achieves 80 per cent financial inclusion by the[...]
  • Date Posted:: 08/Dec/2017
  • FG to Seize, Sell 2,000 Properties in FCT
  • The Federal Government is set to confiscate 2,000 properties in the Federal Capital Territory belonging to some firms following their failure to disclose their assets under the Voluntary Assets and Income Declaration Sch[...]
  • Date Posted:: 08/Dec/2017
  • Economic Recovery: Now That the Night Seems Over…
  • For an economy that witnessed five quarters of negative GDP growth in a row, a growth rate of 1.40 per cent (year on year) in the third quarter of 2017 after recording 0.55 per cent (later revised to 0.72 per cent) growt[...]
  • Date Posted:: 06/Dec/2017
  • CIBN Chief Stresses Importance of Bank Loans, Economic Growt...
  • The President/Chairman of Council of the Chartered Institute of Bankers of Nigeria, Segun Ajibola, says bank loans are vital to economic growth and there is a need for the Deposit Money Banks to enhance credit to the rea[...]
  • Date Posted:: 06/Dec/2017
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