Economy

Latest Economy News

FG Begins MSME Support Programme

The Steering committee of the Survival Fund and Guarantee Off-take on Thursday

NERC Orders Suspension of Electricity Tariff Hike For 2 Weeks

The Nigerian Electricity Regulatory Commission has ordered the 11 Electricity Distribution Companies

FG set to Conduct Census of all Businesses in the Country

The Federal Government is set to conduct a census of all businesses

COVID-19: Oil Falls On Mounting Cases, Supply Concerns

Oil edged lower on Friday, falling more than two per cent on

Nigerian Stock Exchange records N94.45bn Transactions in August

The Nigerian Stock Exchange (NSE) total transactions dropped by 8.49 per cent

World Bank, IMF should provide more support to states hit by COVID-19- UN

UN Secretary-General Antonio Guterres, on Thursday, asked that the World Bank and

19 Ships Laden with Petroleum Products, Others expected at Lagos port

The Nigerian Ports Authority (NPA) says it is expecting 19 ships, laden

Former CBN Chief Commends CBN on Benchmark Interest Rate Reduction

Dr Titus Okunrounmu, a former director, Budgetary Department of Central Bank of

FX Restrictions: Nigerians Call For CBN Governor Godwin Emefiele’s Resignation

The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele has incurred

Nigeria Must Diversify Its Economy To Address Poverty, Inequality- Sanusi

Former Emir of Kano, Muhammadu Sanusi II, has said that Nigeria must diversify

CBN Reduces Monetary Policy Rate to Recover Economy

  The Central Bank of Nigeria (CBN) on Monday announced a reduction

20 Ships Discharging Petroleum Products, Food Items At Lagos Port- NPA

The Nigerian Ports Authority (NPA) on Monday said that 20 ships at

Africa Needs Urgent Trade Finance Boost In Wake Of COVID-19 Pandemic

Africa needs urgent financing to re-energise its trade in the continent in

Minister reveals how to benefit from FG’s support for 1.7m businesses, individuals

Amb. Mariam Katagum, the Minister of State for Industry, Trade and Investment, has

Lafarge Expresses Optimism On Cement Market Amidst Pandemic

Lafarge Africa Plc on Thursday expressed optimism of the country’s cement market

China’s Central Bank Set To Maintain Liquidity

China’s central bank on Thursday continued to pump cash into the banking

NSE Extends Losing Streak By 0.19% Amid Sell Pressure

The Nigerian Stock Exchange (NSE) extended losing streak on Wednesday, with a

21 Ships Discharge Petrol, Foodstuff At Lagos Port- NPA

The Nigerian Ports Authority (NPA) on Tuesday said that 21 ships at

Nigeria’s Inflation Rate Hits 13.22% in August- NBS

The National Bureau of Statistics (NBS), has said that inflation rate has

FOREX: Expert Urges CBN To Support Banks

A financial expert, Mr Okechukwu Unegbu, has urged the Central Bank of

Oil Prices Rise As Storm Threatens U.S Gulf Coast

Oil prices rose on Monday as a tropical storm in the Gulf

Trump’s Candidate to Lead Latin America Development Bank

U.S. President Donald Trump’s nominee was, on Saturday, elected president of the

Trade negotiations: AfCFTA should end Africa’s economic fragmentation – Osinbajo

Vice President Yemi Osinbajo has said that one of the ways by

Subsidizing The Naira Blocks Nigeria’s Economic Takeoff

The naira should be floated to find its exchange rate value on

FirstBank Promotes Career Development of Staff, Graduates third set of its Senior Management Development Programme (SMDP) Participants

FirstBank of Nigeria Limited, Nigeria’s leading financial inclusion services provider, has graduated

Buhari Directs CBN To Implement Zero Allocation Of Forex For Food, Fertilizer Imports

President Muhammadu Buhari on Thursday ordered the Central Bank of Nigeria ”not

Buhari’s Aide Slams Niger Delta Govs For Misappropriating 13% Derivation Fund

The Special Adviser to the President on Niger Delta, Senator Ita Enang

Economists Urge FG to Channel Subsidy to Infrastructure, Human Capital Development

  Some Economists on Thursday advised the Federal Government to channel the

FG Harps On Urgency Of N2.3trn Economic Sustainability Plan

Vice President Yemi Osinbajo says there is need for the relevant ministers

Eurozone Q2 GDP Contraction Revised To 11.8%

The eurozone’s gross domestic product shrank slightly less than initially estimated in