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Economy

Despite Challenges, We’ve Made Significant Impact On Security, Economy, Corruption – President…

Toluwalope Jombo Jun 17, 2022 0

President Muhammadu Buhari has asserted that his administration has made significant improvements in three major areas, namely security, economy and corruption. He stated that the three priorities of the administration,…

finance

Buhari Never Promised To Make One Naira Equal To One Dollar – Femi Adesina (Video)

Edna Wande Mar 29, 2021 0

Presidency has said there was never a time President Muhammadu Buhari promised to make one naira equivalent to one dollar. Mr. Femi Adesina, Special Adviser to the President on Media and Publicity, said the claims suggesting that President…

World

Trump Signs COVID-19 Relief And Spending Package Into Law

Edna Wande Dec 28, 2020 0

US President, Donald Trump, has signed into law a coronavirus relief and spending package bill, averting a partial government shutdown that would have started had he not signed it by Sunday midnight. Trump previously refused to sign the…

finance

UK Enters Into Recession For The First Time In 11 Years

Edna Wande Aug 12, 2020 0

United Kingdom has plunged into its deepest recession on record in the first half of the year as the coronavirus lockdown saw the economy contract by more than a fifth between April and June. A recession is defined as two successive…

Local

President Buhari’s Full Speech On 2020 Democracy Day

Edna Wande Jun 12, 2020 0

President Muhammadu Buhari has on Friday addressed Nigerians in a nationwide broadcast as part of the celebrations to mark Democracy Day. The President in his broadcast recognized the importance of celebrating June 12 as democracy day,…

Local

Lagos Finalises Register-To-Open Guidelines, Set To Restart Economy

Edna Wande May 22, 2020 0

Lagos State Government has set the process of re-opening its economy in motion, with the rollout of Register-to-Open guidelines. Governor Babajide Sanwo-Olu said the State Government daily battles the reality of balancing reactivation…

Local

Governor Ganduje Slashes Salaries Of Political Appointees By 50 Percent

Edna Wande May 18, 2020 0

Governor of Kano state, Abdullahi Ganduje has slashed the salaries of political office holders by 50 percent, which will be effective from this month. This follows a shortfall in the federation’s account and collapse in the state’s…

finance

CBN Devalues Naira From N366 To N380/One Dollar On Exporters Window

Edna Wande Mar 20, 2020 0

The Central Bank of Nigeria (CBN) has devalued the Naira exchange rate on the Investors and Exporters’ (I&E) window from the N366.7 to N380.20 to a dollar. This is as a result of the drastic drop in crude oil price to below $30 per…

Business

CBN Mandates Banks To Charge Nigerians For Cash Deposit

Edna Wande Mar 6, 2020 0

Central Bank of Nigeria (CBN) Governor, Godwin Emefiele The Central Bank of Nigeria (CBN) has directed all banks to start collecting charges from Nigerians who make cash deposit of N500,000 and above by April 1, 2020. It was gathered…

Brands

Google And Flutterwave To Train 5000 SMEs Across Nigeria

Edna Wande Feb 26, 2020 0

Google Nigeria, in partnership with digital payments company Flutterwave, will from March 2019 kick off a series of business clinics aimed at helping 5000 merchants across Nigeria acquire the skills and tools needed to leverage…

finance

FG Targets Seven Per Cent Growth

Lily Dada Apr 23, 2018 0

The Federal Government is targeting an ambitious seven per cent economic growth by 2020, against a mere 0.8 per cent achieved in 2017, the Minister of Budget and National Planning, Udoma Udo Udoma has said. Udoma, who spoke to…

finance

Fresh Hope For Economy As CBN’s Policy Committee Resumes Meeting

Lily Dada Apr 4, 2018 0

The nation’s economy may be exiting a six-month apathy and cautious mode imposed on it by the standoff between the federal legislature and the executive, as the decision of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria…

finance

Exchange Rate For March 1 2018

Lily Dada Mar 1, 2018 0

Photo courtesy of Guardian NGR and powered by Zenith Bank

finance

International Monetary Fund(IMF): Nigerians are getting poorer

Lily Dada Mar 1, 2018 0

Nigeria’s people are getting poorer despite the country’s slow recovery from recession and economic reforms are urgently needed, the International Monetary Fund has said. The Fund expects the government to “muddle through” in the medium…

Business

Nigerian Economy On Course For 3.5% Growth In 2018

Lily Dada Feb 28, 2018 0

The expectation of the Buhari administration that the Nigerian economy will grow this year up to 3.5 per cent is on course, Special Adviser to the President on Economic Matters, Dr. Adeyemi Dipeolu said today. His optimism was anchored…

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