Finance

Latest Finance News

World Bank wants creation of crèches for nursing mothers in FADAMA project

Prof. Adetunji Oredipe, the World Bank Task Team Leader for the FADAMA

Over N650bn remitted into Consolidated Revenue Fund by agencies in 2 years —FRC

Mr Victor Muruako, Acting Chairman, Fiscal Responsibility Commission (FRC), says more than

CBN mandates BDCs to access foreign exchange window thrice weekly

The Central Bank of Nigeria (CBN) has made it mandatory for all

FG makes N50.45bn from May bonds auction

The Federal Government has recorded N50.45 billion from its May bonds auction,

CBN uplifts foreign exchange market with $210m to meet demands

Central Bank of Nigeria (CBN) has made available 210 million dollars to

Nigeria, others to record 3.4% growth, says IMF

The International Monetary Fund (IMF), on Monday said Nigeria and other Sub-Saharan

Africa needs to add value to products for rapid industrialisation- AfDB

Dr Akinwumi Adesina, President of the African Development Bank (AfDB) on Monday

NIM chief urges banks to invest in agric to transform economy

Prof. Olukunle Iyanda, President, Nigerian Institute of Management (NIM) on Monday advised

Nigeria’s GDP grows by 1.95 % in Q1, non-oil sector accounts for 90.3%

The oil sector’s contribution to Nigeria’s Gross Domestic Product, GDP remains below

Nigeria’s inflation drops to12.48% in April – NBS

The National Bureau of Statistics (NBS) says the Consumer Price Index (CPI),

African country bans banks from processing payments for cryptocurrencies

Reserve Bank of Zimbabwe says it has stopped local banks from trading

How states withdrew N593.1bn from federation account in Q1 2018

The 36 states of the federation have so far withdrawn about 593.1

Nigeria Pays Whistleblowers N439m In One Week

The Minister of Finance, Mrs Kemi Adeosun, has disclosed that the Federal

Banks are sabotaging our efforts on new notes – CBN

The Central Bank of Nigeria (CBN) has blamed commercial banks for sabotaging

Nigeria records $24.1bn foreign investment in 2 years

Ms Yewande Sadiku, the Executive Secretary, Nigerian Investment Promotion Commission (NIPC), said

19 million Nigerians now pay taxes – Osinbajo

The Vice President, Prof. Yemi Osinbajo on Wednesday declared open the 2018

Africa needs $170bn annually to meet infrastructure requirement – AfDB

The African Development Bank (AfDB)  says Africa needs about 170 billion dollars

Currency Swap Deal: Nigeria, China To Exchange N.72 Trillion

China’s central bank said Thursday that it has inked a currency swap

EU unveils trade activities with Nigeria

The trade volume between Nigeria and European Union (EU) reached 25.3 billion

Oil approximately $75, market supported by Iran worries

Oil prices held steady on Tuesday as the dollar remained near a

FAAC disbursed N270.81bn to FG in March – NBS

The Federation Account Allocation Committee (FAAC) disbursed the sum of N270.81 billion

FG makes N90 bn from bonds in April auction

The Federal Government allotted N90 billion in its April auction, the Debt

Digital transformation of Service Economy can drive growth across Middle East and Africa says World Bank

Investment into digital transformation in the major Cities of the Middle East

Brent oil races toward $80 amid strong demand

Brent crude oil rose for a sixth day on Tuesday to hit

EU seeks to join U.S.-China steel dispute at WTO

European Union asked on Monday to join a dispute brought by China

How To Woo Foreign Investors – Emir Sanusi

The Emir of Kano, Mohammed Sanusi II, has urged The Federal Government

Oil boom for Nigeria as prices hit $73.79 a barrel

An improvement in Nigeria’s oil earnings is on course as prices held

Anglophone West Africa’s brightening economic prospects

  The economic forecast for Anglophone West Africa is looking brighter according

DMO injects N400bn to economy – DG

Mrs Patience Oniha, Director-General, Debt Management Office, said in Lagos on Friday

Nigeria’s Foreign Reserves Set To Hit $50bn In 2018 – Emefiele

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