News In : Economy   (Page 9)
  • BoI Gets Approval to Recover NERFUND’s N17.5bn Bad Lo...
  • The Federal Government has given approval to the Bank of Industry to recover the N17.5bn outstanding loans being owed by customers of the Nigeria Economic Reconstruction Fund. NERFUND is currently having liquidity chall[...]
  • Date Posted:: 25/Jan/2018
  • MPC May cut Interest Rates Before July–Emefiele
  • MPC May cut Interest Rates Before July–EmefieleThe Central Bank of Nigeria’s Monetary Policy Committee may start cutting interest rates in the first half of the year as inflation eases, the CBN Governor, Godw[...]
  • Date Posted:: 25/Jan/2018
  • FG Replies Obasanjo, Says Economy Getting Better
  • The Federal Government on Wednesday said it had taken ex-President Olusegun Obasanjo’s condemnation of Nigeria’s political system and his assessment of President Muhammadu Buhari administration in good faith.[...]
  • Date Posted:: 25/Jan/2018
  • Agriculture, Trade, other Services Dominate Economic Activit...
  • Agriculture, trade, other services, manufacturing and professional, scientific and technical services dominated economic activities in the third quarter of 2017, the National Bureau of Statistics (NBS) has said. The NBS[...]
  • Date Posted:: 23/Jan/2018
  • Currency Speculators Risk Losses as Rising Reserves, oil Pri...
  • If rising reserves, oil prices in the international market and foreign exchange (forex) market liquidity are sustained, the Naira may be strengthened against other currencies from now till a greater part of 2018. The de[...]
  • Date Posted:: 23/Jan/2018
  • IMF Forecasts 2.1% Growth for Nigeria in 2018
  • Less than two weeks after the World Bank projected Nigeria’s Gross Domestic Product (GDP) to grow by 2.5 per cent in 2018, the International Monetary Fund (IMF) on Monday projected a lower growth outlook for the co[...]
  • Date Posted:: 23/Jan/2018
  • Naira Depreciates to 365/dollar, CBN Sells $210m
  • The Central Bank of Nigeria has boosted the inter-bank foreign exchange market with the sum of $210m, to meet customers’ requests in various segments of the market. This came after the naira weakened marginally to[...]
  • Date Posted:: 23/Jan/2018
  • FIRS Generated N4.03tn in 2017 – Fowler
  • The Federal Inland Revenue Service announced on Monday that it collected a total of N4.03tn in the 2017 fiscal period. The collection, according to a statement issued by the agency, represents 82.38 per cent of the gove[...]
  • Date Posted:: 23/Jan/2018
  • MPC to Retain Interest Rate at 14% — Emefiele
  •  The Governor of Central Bank of Nigeria, CBN, Mr. Godwin Emefiele, has said he expects Monetary Policy Committee, MPC, to retain interest rate at 14 per cent at next week’s MPC meeting. Emefiele The MPC meeti[...]
  • Date Posted:: 19/Jan/2018
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