economic

Amb Ibrahim Yerima, Dr Abdullahi Usman Bello Author, Mr Godwin Emefiele CBN Gov at book launch on Anti-Money Laundering Bankers Aid Money Laundering in Nigeria- Nuhu Ribadu The First Executive Chairman of the Economic and Financial Crimes Commission(EFCC), Mr Nuhu Ribadu has said several money laundering frauds happen in Nigeria with the active connivance of […]

Nigerian Airways Giant of Africa – Nigeria That Is!!By E. E. Okpa They say picture/s tell a thousand stories – assuming they are not doctored – which in this case, they are not. It is about Nigeria Airways once known as Elephant in the Air; true to form – an Elephant cannot and does not […]

How Data Drives Government’s Voluntary Assets, Income Declaration – Adeosun Minister of Finance, Kemi Adeosun, in this interview captured by The Guardian’s News Editor MARCEL MBAMALU, speaks on how government’s global data on high net-worth Nigerians will bring everyone into the tax net by March 31 2018 through the Voluntary Asset and Income Declaration Scheme […]Read More

Bitcoin Tops $18,000 In Debut On Major Bourse Bitcoin surged past $18,000 after making its debut on a major global exchange but was trading lower on Monday, highlighting the volatility of the controversial digital currency that has some investors excited but others nervous. Trading on a futures contract began at 6:00 pm (2300 GMT) on […]

FG To Make N240bn From Cocoa Exports Indications emerged that Nigeria is expecting more than N240 billion as revenue from the sale of cocoa at the international market before the year runs out. Though, it was reported recently that Nigeria would see a bumper cocoa harvest in the coming season as late rains have helped […]

Poultry Farmers To Rake In Over N1.2trn Yearly Though smuggling and high feed costs are part of several challenges facing Nigeria’s poultry industry, there are still opportunities for growth, with abundant social and economic potential, which can contribute one of the highest percentages to the nation’s Gross Domestic Product (GDP). The demand for poultry products […]Read More

Naira against dollar Forex Market Gets $514m Boost Ahead Of Yuletide • Investors price Naira below N360/$The Central Bank of Nigeria (CBN) ended foreign exchange (forex) market transactions for the week with $303.9 million, as it earlier in the week, sold $210 million to sustain liquidity. This is the second week in succession that the […]

Oil Workers Threaten Nationwide Strike From Dec. 18 Barely 24 hours after oil workers under the aegis of the Independent Petroleum Marketers Association of Nigeria, Lagos State Chapter, suspended the plan to withdraw their services, the Petroleum and Natural Gas Senior Staff Association of Nigeria(PENGASSAN)on Thursday threatened to embark on a nationwide strike. Last week, […]

NSE All-Share Index Gains 1.2% As Equities Market Extends Bullish Run The Nigerian equities market extended its bullish run for the fourth consecutive day this week as investors’ positive sentiments continued. As a result, the Nigerian Stock Exchange (NSE) All-Share Index (NSE ASI) appreciated by 1.17 per cent to close higher at 39,534.14. Similarly, market […]Read More

Share on Facebook Tweet on Twitter FSS 2020: CBN, Others To Develop Roadmap For 80% Financial Inclusion The Central Bank of Nigeria (CBN) and other participating agencies in the Financial System Strategy 2020 (FSS-20) are set to develop a roadmap for 80 percent of Nigerians to have access to financial services by year 2020. Governor, […]

FG Tells NNPC To Ensure Emergency Fuel Supply The Federal Government on Thursday directed the Nigerian National Petroleum Corporation to source for emergency petrol supply in order to clear queues of motorists at filling stations across the country before the end of this week. According to the Minister of State for Petroleum Resources, Ibe Kachikwu, […]

Mounir Gwarzo Oando Kemi Adeosun Gwarzo’s Suspension: I cannot be blackmailed – Adeosun, …I am innocent- Gwarzo Finance Minister, Kemi Adeosun has said that she would not be intimidated by a lot of reactions trailing the suspension of the Director General of the Securities and Exchange Commission (SEC), Mr. Mounir Gwarzo. In a statement signed by […]Read More