Governor of Central Bank of Nigeria, Mr. Godwin Emefiele; Secretary to the Government of the Federation, Engr. David Lawal Babachir; Minister of State for Budget and National Planning Hajia Zainab Ahmed; Minister Budget and National Planning Sen. Udoma Udo Udoma; Vice President Prof. Yemi Osinbajo; President Muhammadu Buhari; Senate...
  The Acting President, Yemi Osinbajo, on Thursday declared that the future of Nigeria’s economy is in Small, and Medium-scale Enterprises, MSMEs. Osinbajo made the declaration at the launch of the MSMEs Clinic in the Federal Capital Territory, FCT, in Abuja. Also Read: How Crocodile Returned Body Of A Man After Being...
The naira on Thursday appreciated marginally against the dollar at the parallel market at N390 to the dollar, the News Agency of Nigeria (NAN) reports. The pound sterling and Euro exchanged at N495 and N420, respectively at the segment. At the Bureau De Change (BDC), the local currency was sold at...
The National Bureau of Statistics has released the Consumer Price Index which measures inflation, with the index dropping marginally from 16.1 per cent in June to 16.05 per cent in the month of July. The Bureau in the report on Monday, said this is the sixth consecutive time that the...
President Muhammadu Buhari on Thursday said the nation’s economy which is currently in recession was recovering gradually. In a statement by his Special Adviser on Media and Publicity, Mr. Femi Adesina, he said the President spoke while receiving the outgoing Ambassador of the Royal Embassy of Saudi Arabia, Fahad Bin...
The Debt Management Office (DMO) has in the past five months raised N5.15 billion through federal government’s savings bond which it launched in March this year. This is even as it has set out to raise N135 billion through the FGN Bonds this month. In an offer circular issued yesterday, the...
Former Governor of the Central Bank of Nigeria, CBN Professor Chukwuma Soludo, says Nigeria’s economy can be ahead of France and the United Kingdom by 2050. He, however, noted that this depends on the people and the leaders, adding that unity, the will and zeal will make Nigeria a leading...
The management of Aero contractors has explained the incident that led to the smoke in the flight NG316 from Port Harcourt International airport to Lagos. Aero Contractors flight NG316 from Port Harcourt International airport to Lagos was engulfed in smoke about 20 minutes after take-off, causing panic among the passengers. The Managing...
Etisalat Nigeria on Tuesday confirmed it has changed its name to 9mobile. The confirmation was contained in a statement by the company’s Chief Executive Officer, Boye Olusanya. The statement said: “Emerging Markets Telecommunication Services Limited (EMTS), which previously traded as ‘Etisalat Nigeria’ wishes to inform its over 20 million subscribers, government,...
The Nigerian currency, naira on Thursday continued to crash against the dollar at the parallel market. The currency lost one point to exchange at N368, weaker than N367 posted on Wednesday, while the Pound Sterling and the Euro closed at N478 and N432. At the Bureau De Change (BDC) window, the...

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