The 252nd Monetary Policy Committee (MPC) meeting of the Central Bank of Nigeria (CBN) has agreed  to retain all three monetary policy indicators at the current rates  as part of efforts to encourage capital inflows. Speaking to newsmen after  48...

The federal government plans to raise $2 billion through the concession of the existing Lagos-Kano/Port-Harcourt-Maiduguri rail line, the Minister of Budget and National Planning, Senator Udoma Udo Udoma, has said. He spoke in Abuja just as the Minister of Finance,...

President Barack Obama of United States of America has commended President Muhammadu Buhari of Nigeria for allowing flexibility in foreign exchange rates (Forex). President Obama who spoke after a meeting with President Buhari on the sidelines of the annual United...

The Revenue Mobilization Allocation and Fiscal Commission has disagreed with Aliko Dangote on the sale of Nigerian Liquefied Natural Gas (NLNG) and other Federation Assets he proposed during an interview with a cable Television, the CNBC Africa as a...

Vice-President Yemi Osinbajo has attributed the current economic recession to the activities of militants in the Niger Delta. Osinbajo said there was no way Nigeria would not be affected given the fact that “the nation now loses over one million...

Transactions on the floor of the Nigerian Stock Exchange (NSE) yesterday sustained declining profile as investors wealth depreciated by N7 billion. Specifically, the market capitalisation of listed equities dropped by 0.05 per cent to N13.791 trillion from N13.791 trillion traded...