By EMEKA eJERE The Minister of Power, Works and Housing Mr Babatunde Fashola has been sued over his failure to account, for “the spending on the privatisation of the…
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Category: Economy
Forex: CBN gives Retail SMIS $343.06m boost
The retail Secondary Market Intervention Sales (SMIS) has received a boost of $343.06 million from the Central Bank of Nigeria (CBN), following the Bank’s intervention in the Foreign Exchange market…
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N14 billion judgment: Innoson Motors denies retracting position
Innoson Motors on Wednesday said its earlier position on the outcome of the Supreme Court sitting in a suit involving GTBank remains valid. The suit involved a temporary motion brought…
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President Buhari to sign the 2018 budget next week
Ebun Francis| President Muhammadu Buhari will sign the 2018 budget next week. Femi Adesina, the Special Adviser to the President on Media and Publicity, disclosed this on Wednesday to newsmen…
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Inflation declines for 16th straight month to 11.61% — below FG’s 2018 target
Ebun Francis| Nigeria’s annual inflation has dropped to 11.61% in May, below the federal government’s projection of 12.42% set in the 2018-2020 Medium Term Expenditure Framework and Fiscal Strategy Paper,…
Read More Inflation declines for 16th straight month to 11.61% — below FG’s 2018 target