Wage Increase Panacea To Recovery- Aremu
The General Secretary of National Union of Textile, Garment and Tailoring Workers (NUTGTW), Comrade Issa Aremu, said there can be no meaningful economic recovery...
TSA: FG lost N70bn to failed banks
The Federal Government has lost over N70 billion to failed banks in the country, the Accountant-General of the Federation, Alhaji Ahmed Idris, has said.
He...
Nigeria’s domestic debt hits N19.63 trillion- DMO
Nigeria’s public debt stock for both the Federal Government and the states as at June 30 stood at N19.63 trillion, the Debt Management Office...
Buhari not happy with governors over Paris Club refund
President Muhammadu Buhari has met with members of the National Council of traditional rulers and decried the way the Paris Club Refund was spent...
Governments Need N700bn Monthly to Pay Salaries, Say Osinbajo
The three tiers of government need about N700billion monthly to meet up with obligations of salaries payment, statutory transfers and debt servicing, Vice-President Yemi...
FG Saves N55bn From Local Fertiliser Production
The production of locally-blended fertiliser has this year saved the Federal Government about $150 million (equivalent of N52 billion) hitherto spent on foreign exchange...
CBN Begins Enforcement of eCCI Automation
The Central Bank of Nigeria (CBN) has directed banks and other authorised dealers to immediately commence the issuance of electronic Certificates of Capital Importation...
2017 Cut-Off Marks: Grade A, B, C of Tertiary Institutions in Nigeria
Grade ‘A’ University Cut-Off Marks: OAU, UNN 41 Others Lead With 180-200 – Investigations
…Bauchi University, 166 Tertiary Institutions in Grade ‘C’ with Lowest cut-off...
CBN Assures of Liquidity in Forex Supply
CBN Assures of Liquidity in Forex Supply
The Central Bank of Nigeria (CBN) has assured of its continued intervention in the inter-bank Foreign Exchange market...
CBN Moves To Boost Confidence in USSD Transactions
The Central Bank of Nigeria (CBN) has unveiled new regulatory framework on Unstructured Supplementary Service Data (USSD), a banking platform, as part of efforts...
FG Targets N100bn From Sukuk To Finance 2017 Budget
The Federal Government has commenced a national roadshow in preparatory to the issuance of N100billion non-interest bearing Islamic bond, better known as Sukuk.
A statement...
Bankers’ Institute Decries High Interest Rate
The Chartered Institute of Bankers of Nigeria (CIBN) has decried the current high interest rate charged by commercial banks, saying it is stifling the...
CBN Uplifts Forex Market With $250m
The Central Bank of Nigeria (CBN) has injected $250million into the various segments of the inter-bank foreign exchange market.
Figures obtained from the CBN indicated...
Mixed Reactions As Nigeria Exits Recession
The federal government has welcomed exit of Nigeria from recession, but with caution and optimism.
It said it would continue to drive economic growth by...
Nigeria Has $22bn Borrowing Limit- DMO
The Debt Management Office said Federal Government can borrow up to but not more than $22billion in the 2017 fiscal year.
The DMO, in its...
Nigeria Exits Recession As NBS Reports 0.55% GDP Growth
The National Bureau of Statistics (NBS) has reported that the Nigerian economy has finally exited the recession, as data on the country’s gross domestic...
2017 Ranking: UNILORIN, LASU, Covenant Foremost Nigerian Universities of First Choice
UNILORIN is the University of First Choice in Nigeria
….LASU Leads State Universities with Applicants …
…. Again Covenant is the First Choice among Private Universities
The...
CBN Injects $250m into Forex Market
The Central Bank of Nigeria (CBN) has continued its intervention in the interbank foreign exchange market to the tune of $250million in three segments...
Inflation Drops To 16.05 Percent in July
The inflation report for July 2017 made available from the National Bureau of Statistics(NBS) reveals that headline inflation has again reduced to 16.05 percent...
Capital Importation: Nigeria Records $1.792 billion in Q2 2017
The total value of capital imported into Nigeria in the second quarter of 2017 was estimated to be $1,792.3 million, the National Bureau of...
