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Category: Economy

Business Economy headline

Forex: CBN injects $318.03m, CNY 62.18m into Retail SMIS

Iheanyi Ejiofor November 16, 2018 headline

In its last sale before the final Monetary Policy Committee (MPC) meeting for 2018, the Central Bank of Nigeria (CBN) on Friday, November 16, 2018, injected the sum of $318.03million…

Read More Forex: CBN injects $318.03m, CNY 62.18m into Retail SMIS
Economy headline

Osinbajo raises concern over threat of robots, artificial intelligence

Iheanyi Ejiofor November 16, 2018 headlines

Vice President Yemi Osinbajo has raised concern over the growing threat posed to humans by the deployment of robots and artificial intelligence in work places. Osinbajo stated this at the…

Read More Osinbajo raises concern over threat of robots, artificial intelligence
Business Economy headline

Oil producing states can keep 100% of revenue if I become president- Atiku

Iheanyi Ejiofor November 16, 2018 headline

The flagbearer of the opposition Peoples Democratic Party (PDP), Atiku Abubakar has said that he will be open to allowing oil-producing states keep all proceeds from oil revenue if he…

Read More Oil producing states can keep 100% of revenue if I become president- Atiku
Business Economy headline

Not a single dollar has been awarded for rice importation since 2016- Emefiele

Iheanyi Ejiofor November 16, 2018 headline

Ebun Francis| Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), has rubished a report by a United State agency that claimed that Nigeria’s rice importation increased by 400,000…

Read More Not a single dollar has been awarded for rice importation since 2016- Emefiele
Business Economy headline

30 years after, Itakpe-Warri rail begins commercial service

Iheanyi Ejiofor November 15, 2018 headline

After 30 years in doldrums, the new Warri-Itakpe Standard Gauge rail has been completed and would begin commercial operation on Monday, Nov. 19. Mr. Niyi Alli, Director, Operations of the…

Read More 30 years after, Itakpe-Warri rail begins commercial service

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