NECA, Others Back Sanusi’s Call For Fuel Subsidy Removal   Against the backdrop of the statement by the Emir of Kano, Mallam Muhammad Sanusi II, that the country was on the brink of bankruptcy, the Nigeria Employers’ Consultative Association and other stakeholders have asked the Federal...

MAN, Others Tell FG To Sell Ajaokuta Steel Company Manufacturers and experts have said privatisation of Ajaokuta Steel Company will yield better dividends than the facility being run by the government. They spoke with our correspondent in separate interviews, maintaining that government-run business had never turned...

Private Sector borrowed N15.34 trillion in Q2 The total loans granted by Nigerian banks to the private sector declined by N600.60bn, from N16 trillion in the first quarter of 2017 to N15.34 trillion, in the second quarter(Q2) of 2018. A report by the National Bureau of...

MAN Criticizes 14% Lending Rate Chairman, Manufacturers Association of Nigeria (MAN) Ogun Chapter, Mr Wale Adegbite has expressed disappointment over the Monetary Policy Committee (MPC) ‘s decision to retain a the monetary policy rate. Adegbite expressed his view in an interview with newsmen in Ota, Ogun. He...

The Manufacturers Association of Nigeria (MAN) has called on the Central Bank of Nigeria (CBN) to drop the lending rate from 14 per cent to accelerate productivity and economic growth. The President of MAN, Mr. Frank Jacobs, made the appeal in while speaking with newsmen...

Central Bank of Nigeria, CBN, has reaffirm its determination to sustain the resurgence of the Naira via continuous provision of foreign exchange to ensure Naira gains further strength as well as been available to end users. This is as the apex bank reiterated that...