As the external reserves inched up to $34.3 billion last week, the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has predicted 7 percent increase in its accretion to reach $40 billion next year. According to the...

Nigeria Deposit Insurance Corporation (NDIC) on Thursday warned strongly against the current trend of digital currencies, especially Bitcoins, stressing that they were yet to be approved by Nigerian regulators. The Chief Executive Officer, NDIC, Alhaji. Umaru Ibrahim gave the warning...

The Central Bank of Nigeria (CBN), has scored itself high in promoting inclusive growth and sustainable development as its intervention programmes have created over seven million jobs in the country. According to its acting Director of Corporate Communications Department, Mr...

Over $10billion will be generated for the economy from the switch of 50 per cent kerosene and firewood users by 2019, according to the Nigerian Liquefied Petroleum Gas Association (NLPGA). The group added that an estimated 500,000 to 1,000,000 jobs...

By Rahma O.Oladosu   The Federal Government recently revealed its intention to commence crude oil tracking in the country. It is rather curious but true! It goes to show that since the discovery of crude oil in Nigeria in over 50...

The Senate has blamed the Central Bank of Nigeria in its investigation of the alleged illegal repatriation of $13.9bn by the telecommunication giant, MTN. Adopting the report by the Committee on Banking, Insurance and Other Financial Institutions on the probe...