ECONOMY

FAAC February 2019: FG, states, LGAs share N619.857b - THE three tiers of government – federal, states and 774 council areas —yesterday shared N619.857 billion as Federal Allocation for February. A...

FG plans internal, external borrowing to fund 2019 budget - The federal government of Nigeria plans to tap concessionary long-term loans to finance its 2019 budget in addition to borrowing at...

Global derivatives market estimated at $690.37tr FMDQ warns banks against dollar-denominated loans - Commercial banks taking dollar-denominated loans should hedge the facility against risk of currency fluctuations, FMDQ OTC Securities...

CBN finally cut interest rate first time in 2yrs - FOR the first time in more than two years, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN)...

NCDMB, NLNG targets 10,000 jobs as they rollout Nigerian Content Plan - The Nigerian Content Development and Monitoring Board (NCDMB) and the Nigeria LNG Limited (NLNG) have signed the Nigerian Content...

MTN has not yet applied for NSE listing - Nigeria’s apex capital market regulator, Securities and Exchange Commission (SEC) has said that MTN Nigeria has not filed any application that could...

How Ogun produced highest tonnes of solid minerals in 2018 – NBS: Ogun produced the highest tonnes of solid minerals in Nigeria in 2018 according to latest report of the National...

Nigerians to pay more for goods and services over Proposed VAT increase – Nigerians may have to pay more for goods and services following a declaration by President Muhammadu Buhari that...

Micro-finance banks' recapitalization deadline now 2021 –CBN: THE deadline for the recapitalization of micro-finance banks in Nigeria has been extended to year 2021 by the Central Bank of Nigeria, CBN....

   - As CBN eyes $10b revenue from palm oil Nigeria set to become world’s third-largest palm oil producer - Nigerian federal government has set a target to become the...