By our reporter| The United Arab Emirates (UAE) on Sunday announced the extension of the suspension of flights from Nigeria (Lagos and Abuja) from February 28 to March 10. The…
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Category: Economy
Senate invites CBN Governor, Godwin Emefiele to explain ban on cryptocurrency
By our reporter| The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele was on Thursday invited by the Senate to brief its committees on the opportunities and threats…
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Senate confirms NDIC MD/CE AND ED (OPs)
The Senate on Thursday confirmed the nomination of Messrs Bello Hassan and Mustapha Mohammed Ibrahim as Managing Director/Chief Executive and Executive Director (Operations) of the Nigeria Deposit Insurance Corporation (NDIC)…
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Report: IMF warns Nigerian economy at ‘critical juncture’; urges hike in VAT
Nigeria’s economy is at a critical juncture, having been weakened by falling per capita income, double-digit inflation, limited buffers, significant governance vulnerabilities, and the global pandemic, the IMF has said.…
Read More Report: IMF warns Nigerian economy at ‘critical juncture’; urges hike in VAT
Nigeria to begin oil exploration in northeast – Petroleum minister
By our reporter| Nigeria will soon begin oil exploration in the northeast, the minister of state for petroleum resources, Timipre Sylva has said. Sylva who made the disclosure in an…
Read More Nigeria to begin oil exploration in northeast – Petroleum minister