Naira Rises Against Dollar to Trade at N770/$1 on Tuesday  The Nigerian Naira experienced a notable appreciation against the US Dollar at black market to trade at an average rate of N770/$1, showcasing a significant 1.28% appreciation today after eight consecutive depreciations from May 17,...

Experts Groan As Buhari Hands Over Struggling Economy   The current regime inherited a frail economy. Despite Nigeria’s economy growing by over six per cent in 2014, economic growth slowed to about three per cent by 2015 – reported as the lowest in the democratic era....

PFOs Sustain Business Growth With N1.69trn Investment   Pension Fund Operators (PFOs) have invested a sum of N1.69 trillion in banks through money market instruments from the inception of the Contributory Pension Scheme (CPS) to 2023. The amount serves as loans to the private sector. This was disclosed...

Reps Concur With Senate, Extend Limit On CBN Loans   The House of Representatives has approved an amendment to the Central Bank of Nigeria Act, raising the ceiling of Ways and Means advances from the apex bank from 5 to 15 per cent. The House gave the...

Report Reveals Buhari, Osinbajo, Others To Get N64.72bn Severance Packages   The final pay in office for  out going President and Vice, Muhammadu Buhari and Yemi Osinbajo, state governors and other political appointees about to leave office may cost the country about N64.72bn. The figure also covers...

FG Disburses N173bn To Beneficiaries Under 100-for-100 Policy - CBN The Central Bank of Nigeria (CBN) has disbursed N173.31bn to beneficiaries under its 100-for-100 Policy on Production and Productivity since the commencement of the intervention. According to the bank, the CBN Governor, Godwin Emefiele, disclosed this...