Home - Economy


CBN Rejects IMF Advice To Float The Naira

IMF float

Amidst raging calls by the global business community for the Nigerian government to float the …

Read More »

CBN To Sustain Forex Intervention, Releases Fresh $418m


The Central Bank of Nigeria (CBN) on Sunday vowed to sustain its intervention in the …

Read More »

Banks Jostle For Govt Bonds As Non-Performing Loans Soar


The Nigerian government is offering such good rates on bonds and Treasury bills that the …

Read More »

CBN Should Take Price Of Dollar To N340-N350 – Rewane


The CEO of Financial Derivatives, Bismarck Rewane, has called on the Central Bank of Nigeria …

Read More »

Government Gives Fresh Conditions For Release Of Paris Club Funds

Paris club

The Federal Ministry of Finance yesterday listed fresh conditions for the release of the Paris …

Read More »

Nigeria’s Inflation Falls To 17.78% In February – NBS

inflation February

Nigeria’s inflation rate bucked the trend in February to fall to 17.78%, its lowest level …

Read More »

NANS Gives MTN, DSTV 48-Hour Ultimatum To Leave Nigeria


The National Association of Nigerian Students (NANS) has given 48 hours ultimatum to MTN, DSTV …

Read More »

Manufacturers Slam Banks For Forex Racketeering

Manufacturers Forex racketeering

Manufacturers have accused commercial banks in Nigeria of engaging in foreign exchange (Forex) racketeering, which …

Read More »

See The 11 Proofs That Show Recession Is Almost Over

almost over

The federal government of Nigeria has given 11 reasons why it believes that the economy …

Read More »

World Bank Agrees To Give Nigeria $2.5bn Loan

World Bank loan

The International Bank for Reconstruction and Development, better known as the World Bank has agreed …

Read More »