Nigerian Banks Sack 340 Staff Every Week, Bureau Of Statistics Reveals
The National Bureau of Statistics (NBS) has revealed that banks in Nigeria sacked no fewer than 340 workers every week between January and June...
Nigeria’s Foreign Reserves Hit $31.22 Billion, First Time In 2 Years
Nigeria’s foreign exchange reserves have risen to $31.22 billion, first time after two years, according to data from the Central Bank of Nigeria, CBN.
The...
CBN Sustains Liquidity In Forex Market, Injects $364 Million
The Central Bank of Nigeria (CBN), in its determined effort to sustain liquidity in the Inter-Bank Foreign Exchange Market has injected the sum of...
I’m Not The Owner Of $153.3 Million, Diezani Tells EFCC
Former minister of Petroleum resources, Diezani Alison-Madueke has denied ownership of $153.3 million which she allegedly stole from the Nigerian National Petroleum Corporation, (NNPC).
“I...
Dangote Signs MoU With Kano Government On $150 Million Solar Power Plant
Africa's Conglomerate and indigenous investor, Dangote Group, has signed a Memoranda of Understanding (MoU) with Kano state Government, for the proposed 100MW Dangote-Black Rhino...
We’ll Focus On Loan Repayment, Utilisation, Debt Management Office Boss Vows
The Director General of the Debt Management Office (DMO), Ms. Patience Oniha, has made it clear that her leadership “will focus on loan repayment...
Federal Govt Approves Refinancing Of Domestic Debts Through External Borrowing
The Federal Government has approved the refinancing of part of the country’s domestic debt through external borrowing.
Minister of Finance, Mrs. Kemi Adeosun, spoke to...
Nigeria Army Boss Puts Economic Impact Of Boko Haram In North East At $9...
The Chief of Army Staff, Lt. General Tukur Buratai has said that the economic impact of Boko Haram activities in the North East is...
Ex Anambra Gov, Peter Obi On How Nigeria Can Get Out Of Recession
Former Governor of Anambra state, Mr Peter Obi has identified three things that the Federal Government must vigorously pursued if Nigeria must get out...
Nigeria’ll Work With International Seabed Authority To Enjoy Benefit Of Deep Sea Mining –...
The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has said that Nigeria will work with the International...
