Central Bank Doles Out $285.7 Million Forex To Agric, Petroleum, Others

The Central Bank of Nigeria (CBN) has injected a total of $285,759,449.10 into the Inter-Bank Foreign Exchange Market to meet requests in four sectors...

Malabu Oil Deal: Nigeria Recovers $85 Million From UK

Nigerian Government has announced the recovery of $85 million, which is part of stolen funds from the controversial Malabu Oil deal, from the United...

Federal Govt Lures Private Sector Into Road Projects In Exchange For Tax Credits

Federal Government has succeeded into luring private sector in road projects across the country by allowing private sector operators to collectively fund road provision...

CBN Pumps $195 Million Into Forex To Consolidate, Stabilise It

The Central Bank of Nigeria (CBN) has again, injected the sum of $195 million into the inter-bank Foreign Exchange Market. Figures obtained from the Bank...

I’ll Shoot Down Quacks In electricity Sector, Electricity Management Agency Boss Vows

The re- appointed Managing Director and Chief Executive Officer of the Nigerian Electricity Management Services Agency (NEMSA) Engr. Peter Ewesor has declared war on...

Abuja Chamber Hails Osibajo For Activating The Constitutional Authority Of Economic Council

The Abuja Chamber of Commerce and Industry (ACCI) has particularly commended Nigeria’s Vice President, Prof. Yemi Osinbajo (SAN) for activating the constitutional authority of...

Africa Must Feed Itself With Pride, AfDB Boss, Adesina Insists

President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, has insisted that Africa must not only feed itself with adequate food but feed...

We’re Sorry For Violating Law, Atiku’s Intels Apologizes

Intels Nigeria Limited, maritime logistics company in which the former Nigerian Vice President, Atiku Abubakar has an investment interest, has finally apologized to the...

Economic Council Sets Up Committee Of 6 Governors To Fashion Out National Industrialization

The National Economic Council (NEC), made up federal and governments of the 36 states of the federation, has set up a Committee of six...

Part Of Proposed USD5.5 Billion External Loan In 2017 Budget – Debt Management Office

The Debt Management Office (DMO) has said that the first component of the USD2.5 billion, out of the total USD5.5 loan sought by the...
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