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Friday, July 10, 2020
Naira Dollar

Naira Now N380 Dollar, Pound N450 in Black-Market

Naira Now 380 Dollar, Pound N450 in BlackMarket The values of foreign currencies have continued to diminish against the Naira as the Nigerian currency was...

FEC okays N102.08billion, $1.79b for roads, rail, other projects

The Federal Executive Council (FEC) yesterday approved N102.077 billion and $1.79 billion for roads projects across the country and rail project in the Federal...

N’Assembly approves $500m Eurobond for FG

Both chambers of the National Assembly on Wednesday approved the request by President Muhammadu Buhari for a $500m Eurobond. Vice President Yemi Osinbajo had made...

External Reserves Drop for First Time Since December

The nation’s foreign exchange reserves, which had increased significantly in recent months to hit the $30bn mark, fell for the first time this year. Latest...
Godwin Emefiele CBN Governor

Monetary Policy Rate Remains unchanged at 14%

 ….Also all other Parameters   Again for the past five months the Monetary Policy Committee(MPC) of the Central Bank of Nigeria has left the Monetary Policy...

DMO: Governments Owe Foreign Creditors $11.41bn

The Federal Government, the 36 state governments, and the Federal Capital Territory Administration currently owe foreign creditors a total of $11.41bn, the Debt Management...

States Demand $6.9b Paris Club Refund

States are demanding about $6.9billion Paris Club loan deductions from the Federal Government. The government has raised a verification and reconciliation team on the claims...

Adeosun Clarifies Paris Club Refunds

The Minister of Finance has deemed it necessary to address the issue of Paris Club Refunds and wishes to assure the public that the...
Adeosun Udoma

Monetary, fiscal authorities agree on harmonisation of policies

Desirous of sustainable monetary and fiscal collaboration in efforts to pull the economy out of the current crisis, the leadership of the Central Bank...

CBN releases forex to fuel importers

The Central Bank of Nigeria has released foreign exchange to oil marketers to enable them to import petroleum products into Nigeria. According to the Nigerian...
Godwin Emefiele CBN Governor

Buhari Directs CBN to release N500b Paris Club cash

President Muhammadu Buhari directed Minister of Finance Mrs. Kemi Adeosun and Central Bank of Nigeria (CBN) Governor Godwin Emefiele to quickly facilitate the payment...

FG to Raise $1b from Asset

The National Economic Council (NEC) has approved the proposed Nigeria Voluntary Asset and Income Declaration Scheme (VAIDS), which will take off on May 1. It...
Godwin Emefiele CBN Governor

External Reserves Gain $58m In 11-days – CBN

The Central Bank of Nigeria (CBN) has said external reserves gained $58 million to $30.23 billion as at March 14, 2017. The latest data...

FG to Raise Additional N43b Debt from Treasury Bills

The Federal Government’s debt strategy is now in full swing, as additional debt of N43.2 billion would be raised through the Treasury Bills (T-Bills)...
Naira Dollar

Naira depreciates to N458/$ in parallel market

The naira yesterday depreciated to N458 per dollar in the parallel market due to uncertainty over dollar sales to bureaux de change (BDCs) by...
Naira Dollar

Again, CBN Boosts FOREX Supply with $195m

Forex: As anticipated last weekend, the Central Bank of Nigeria (CBN) on Tuesday, March 14, 2017, sustained the supply of foreign exchange to the...

Terms for states as N500b Paris Club refund is ready

Another London-Paris Club loan refund (about N500billion) is on the way for states— with fresh hurdles for governors. The Presidency has made it mandatory for...
Debt Office DMO Nwankwo

Domestic Debt Servicing Gulped N1.23tn in 2016 – DMO

The servicing of Nigeria’s domestic debt gulped N1.23tn in 2016, statistics obtained from the Debt Management Office (DMO) have revealed. The statistics showed that the...
Kemi Adeosun Finance Minister

Finance Minister wants BVN for MFBs

The Minister of Finance, Mrs. Kemi Adeosun, has strongly solicited the cooperation of the Central Bank of Nigeria (CBN), in extending the requirement for...
Naira Dollar

Naira Appreciates as CBN Plans to Pump More Dollar into FOREX

As the Naira continues to appreciate against the dollar and other foreign currencies amid liquidity boost, indications emerge that CBN is unrelenting in its...
Live Covid-19
United States 3,219,999
Cases: 3,219,999
Deaths: 135,822
Recovered: 1,426,428
Active: 1,657,749
Brazil 1,759,103
Cases: 1,759,103
Deaths: 69,254
Recovered: 1,185,596
Active: 504,253
India 794,842
Cases: 794,842
Deaths: 21,623
Recovered: 495,960
Active: 277,259
Russia 707,301
Cases: 707,301
Deaths: 10,843
Recovered: 481,316
Active: 215,142
Peru 316,448
Cases: 316,448
Deaths: 11,314
Recovered: 207,802
Active: 97,332
Chile 306,216
Cases: 306,216
Deaths: 6,682
Recovered: 274,922
Active: 24,612
Spain 300,136
Cases: 300,136
Deaths: 28,401
Active: 271,735
United Kingdom 287,621
Cases: 287,621
Deaths: 44,602
Active: 243,019
Mexico 282,283
Cases: 282,283
Deaths: 33,526
Recovered: 172,230
Active: 76,527
Iran 250,458
Cases: 250,458
Deaths: 12,305
Recovered: 212,176
Active: 25,977
Pakistan 243,599
Cases: 243,599
Deaths: 5,058
Recovered: 149,092
Active: 89,449
Italy 242,363
Cases: 242,363
Deaths: 34,926
Recovered: 193,978
Active: 13,459
South Africa 238,339
Cases: 238,339
Deaths: 3,720
Recovered: 113,061
Active: 121,558
Saudi Arabia 223,327
Cases: 223,327
Deaths: 2,100
Recovered: 161,096
Active: 60,131
Turkey 209,962
Cases: 209,962
Deaths: 5,300
Recovered: 190,390
Active: 14,272
Germany 199,198
Cases: 199,198
Deaths: 9,125
Recovered: 183,600
Active: 6,473
Bangladesh 175,494
Cases: 175,494
Deaths: 2,238
Recovered: 84,544
Active: 88,712
France 170,094
Cases: 170,094
Deaths: 29,979
Recovered: 78,170
Active: 61,945
Colombia 133,973
Cases: 133,973
Deaths: 4,714
Recovered: 56,272
Active: 72,987
Canada 106,805
Cases: 106,805
Deaths: 8,749
Recovered: 70,574
Active: 27,482
Qatar 102,110
Cases: 102,110
Deaths: 142
Recovered: 97,272
Active: 4,696
Argentina 90,693
Cases: 90,693
Deaths: 1,720
Recovered: 38,313
Active: 50,660
China 83,585
Cases: 83,585
Deaths: 4,634
Recovered: 78,609
Active: 342
Egypt 79,254
Cases: 79,254
Deaths: 3,617
Recovered: 22,753
Active: 52,884
Sweden 74,333
Cases: 74,333
Deaths: 5,500
Active: 68,833
Indonesia 70,736
Cases: 70,736
Deaths: 3,417
Recovered: 32,651
Active: 34,668
Iraq 69,612
Cases: 69,612
Deaths: 2,882
Recovered: 39,502
Active: 27,228
Belarus 64,411
Cases: 64,411
Deaths: 449
Recovered: 53,609
Active: 10,353
Ecuador 64,221
Cases: 64,221
Deaths: 4,900
Recovered: 29,184
Active: 30,137
Belgium 62,210
Cases: 62,210
Deaths: 9,778
Recovered: 17,159
Active: 35,273