The Central Bank of Nigeria on Thursday reduced its monetary policy rate to 12.5 percent as part of efforts to combat the economic effects of the...
The Nigerian Stock Exchange (NSE) reopened trading on Wednesday after the public holidays to mark the Eid-el- Fitr with a marginal growth of 0.07 per cent....
The International Monetary Fund has advised commercial banks to retain their earnings by suspending payment of shareholders’ dividends during the COVID-19 pandemic. The IMF Managing Director,...
The acting managing director of the Niger Delta Development Commission, Kemebradikumo Pondei, says the agency’s 2019 budget was padded with over 500 non-existing projects. Addressing journalists...
The Federal Airport Authority of Nigeria has hinted on reopening airports across the country for air travellers. General Manager, Corporate Affairs of FAAN, Mrs Henrietta Yakubu,...
Nigeria’s Gross Domestic Product (GDP) grew by 1.87% (year-on-year) in real terms in Q1 2020. This is according to the first quarter (Q1) GDP report, released...
President Muhammadu Buhari has urged Nigerian farmers to embark on massive productive agricultural activities this farming season. The President gave the advice on Sunday, shortly after...
The Lagos State Government has announced a plan to effect partial closure of the Marine Beach Bridge, Apapa, to vehicular movement, from May 27 to Oct....
Lagos State is considered full re-opening of its economy, and in a bid to get underway, Governor Babajide Sanwo-Olu says the government will embark on the...
Forbes8 announces Nigeria’s First Resilience Digital Startup Accelerator program. The free virtual accelerator will welcome 100 top companies from Nigeria. Founders selected for the program will...
The federal government has approved N10.523 trillion for revised 2020 national budget. This followed a memo submitted by the ministry of finance, budget and national planning...
THE House of Representatives on Tuesday passed President Muhammadu Buhari’s request to raise N850 billion in new external borrowing in the 2020 Appropriation Act from the...