The Central Bank of Nigeria (CBN) has announced that the foreign exchange restrictions placed on 43 items in 2015 under Godwin Emefiele’s leadership have been lifted. CBN’s spokesperson, Isa Abdulmumin,…
Read More CBN lifts forex restriction on 43 items
Our reporter/ President Bola Tinubu on Wednesday approved the appointments of new chief executive officers for agencies and parastatals under the ministry of communications, innovations and digital economy. According to…
Read More Tinubu appoints new CEOs for NCC, NITDA, NIPOST
–Moves to track, and prosecute peddlers of falsehood Management of Dangote Cement Plc has denied reports, in some online platforms that it has embarked on sales promotion and has…
Read More Dangote Cement denies running sales Promo
Our reporter/ Nigeria’s growth forecast has been reduced from 3.3 percent to 2.9 percent in 2023 and 3.1 in 2024 respectively, with negative effects of high inflation on consumption taking…
Read More IMF cut growth projection for Nigeria to 2.9%
Nigeria will likely experience decline in imports over the inability of the Central Bank of Nigeria (CBN) to meet foreign exchange (FX) obligations, PwC Nigeria says in its bi-monthly economic…
Read More Report: FX backlog to affect Nigeria’s import, as suppliers may not accept letters of credit, PwC says