Nigeria’s domestic carrier, Air Peace airlines, has taken delivery of a Boeing 777-300 aircraft as part of plans to launch its long-haul operations. Considered as one of the most advanced…
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Category: Economy
Nigeria’s GDP records 1.50% growth in second quarter of 2018
Ebun Francis| Nigeria’s Gross Domestic Report (GDP) has grown 1.50% in the second quarter ostensibly less than the 1.95% recorded in the first quarter of 2018. According to the GDP…
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CBN unveils guidelines for long-term credit to agric, manufacturing
The Central Bank of Nigeria (CBN) has underscored its intention to increase the flow of credit to the real sector of the economy, in order to consolidate and sustain the…
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CBN pumps $543m, CNY 63m into Forex market
…Retail segment receives $323m boost …Wholesale segment gets $100m …SMEs, Invisibles get $55m each In another major round of interventions, the Central Bank of Nigeria (CBN) on Thursday, August 23…
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South Sudan re-launches oil production
By Emeka Ejere South Sudan has concluded intensive preparations for the re-launch of its oil production on Saturday at Toma South blocks 1, 2 and 4. The Toma South…
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