Nigerians have been asked to refocus the nation’s priorities by diversifying the economy into other areas such as agriculture, mineral resources and tourism among others rather...
The All Progressives Congress (APC) assures Nigerians that the President Muhammadu Buhari APC-led administration remains solidly committed to resuscitating the economy in the quickest possible time...
The Central Bank of Nigeria’s portion of the foreign reserves fell to $19.44 billion as non-oil exports fell by over 43 percent in the second quarter...
The naira crossed the 400-per-dollar mark on Wednesday to trade at 402 to the foreign currency at the parallel market. The naira, which traded around 396/$1...
Nigeria’s foreign continue to depreciate in the face of economic recession, low capacity oil production and dwindling revenue profile. As at August 17, 2016, the reserve...
The Federal Inland Revenue Service (FIRS) has commended the Nigerian National Petroleum Corporation (NNPC) for subjecting itself to tax audit as a good responsible corporate citizen....
The Kaduna State governor, Nasir el-Rufai, on Wednesday decried the Central Bank’s prevailing fiscal regime, saying the bank’s 14 per cent monetary policy rate has led...
The Central Bank of Nigeria, CBN, yesterday, directed banks operating in the country to accept deposit of cheques into savings account and to begin to embed...
The Central Bank of Nigeria (CBN) has raised the monetary policy rate, which serves as national interest rate, to 14 percent, in order to encourage savings...
The Governor of Central Bank of Nigeria, CBN, Mr. Godwin Emefiele, yesterday, painted a gloomy picture of the economy during a closed-door meeting with senators. Since...
The Nigerian naira sank to a fresh record low on Friday, as the Central Bank of Nigeria (CBN) attempts boosting liquidity through sales of dollars. The...
The Central Bank of Nigeria (CBN) has declared that no Nigerian bank is in distress in reaction to speculations that some banks in the country are...
