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Economy
Boko Haram Left Borno With Bank Branches In Two Out Of 27 Local Governments—Zulum
Borno State governor, Babagana Zulum says inly two of the 27 local governments in the state are left with banks...
Vehicle Importation Dropped By 40pct In 2022 – Customs
Lagos - The Ports and Terminal Multipurpose Limited Command of the Nigeria Customs Service (NCS) says the introduction of Vehicles...
NASS Asks CBN To Extend Deadline For Use Of Old N200, N500, N1,000 Notes
Abuja - National Assembly has asked the Central Bank of Nigeria (CBN) to extend the deadline for the withdrawal of...
CBN Raises MPR To 17.5pct From 16.5pct
Abuja - Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which measures interest rate, from 16.5...
Governors Set Up Committee To Work with CBN On New Naira Notes
By Emmanuel Oloniruha The Nigeria Governors’ Forum (NGF) has set up a six- member committee to engage the Central Bank...
Emefiele Visits Buhari Amid DSS Arrest Scare
President Muhammadu Buhari on Friday held holding a closed-door meeting with the embattled Central Bank Governor, Godwin Emefiele, at the...
Inflation Rate Declines, Food Prices Increase In December 2022 – NBS
Abuja - The National Bureau of Statistics (NBS), says Nigeria’s headline inflation rate declined to 21.34 per cent on a...
135 Indian Companies Invest $19bln In Nigeria’s Economy – Envoy
By Fortune Abang/Sarafina Christopher Abuja - The Indian High Commissioner to Nigeria, Shri G. Balasubramanian, says over 135 Indian companies...
Policy Uncertainty, Inflation To Slow Down Nigeria’s Economic Growth In 2023 — World Bank
The World Bank says Nigeria and other countries in Sub-Saharan Africa (SSA) will suffer increased poverty, higher debt, food insecurity,...
Customs Hike Imported Vehicle Duty, Agents Protest
Lagos -;Freight forwarders have said there may be congestion of imported vehicles at the nation’s seaports following the Nigeria Customs...
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