Economy
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Greater collaboration with media critical to addressing challenges in reportage – NDIC boss
The Managing Director/Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), Mr. Bello Hassan, stressed the need for the media…
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Nigeria’s indebtedness to World Bank, AfDB rises to $14.25bn
Nigeria’s liabilities to the World Bank and the African Development Bank (AfDB) rose from $7.14bn to $14.25bn between June 30,…
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PenCom deploys technological innovations for efficient service delivery
The National Pension Commission (PenCom) said it has deepened technological innovation as it seeks to tackle the challenges thrown up…
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Naira slides to 522 per dollar as CBN stops forex sale to BDCs
The naira fell slightly to the dollar at the parallel market few hours after the Central Bank of Nigeria on…
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Despite challenges in the economy, many Nigerian small businesses are doing well – SEDAC founder
The foundation for Social-Economic Development of African Communities for Peaceful Co-existence (SEDAC) has collaborated with Stanbic IBTC Plc, Rome Business…
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Possible outcome of CBN’s ban of BDC from forex on exchange rate
The Central Bank Governor, Godwin Emefiele, surprised journalists at the monetary policy committee briefing on Tuesday when he announced a…
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CBN bans sale of forex to BDCs, says they’ve turned into money laundering agents
The Central Bank of Nigeria (CBN) has stopped the sale of foreign exchange (FX) to Bureau De Change (BDCs) operators…
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Cut down cost of governance to save the country from borrowing spree, Labour tells FG
The leadership of the Nigeria Civil Service Union at the Federal Capital Territory has called on the federal government to…
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FG approves N309.9bn road contract to Dangote as Tax Credit
The federal government yesterday gave the go-ahead for the award of a contract to Dangote Group for the construction of…
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Lagos invests N103bn on infrastructure to boost economy – Sanwo-olu
Governor Babajide Sanwo-olu has said that the state government invested a total sum of N103billion on infrastructural development to ensure…
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