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Category: Economy

Economy headline

Pilgrims’ camp witnesses boom in FX black market

Iheanyi Ejiofor July 26, 2018 headline

Foreign exchange black market operators are making brisk business from Nigerian pilgrims in Madinah since the arrival of the first batch from Kogi for this year’s Hajj. The operators, mainly…

Read More Pilgrims’ camp witnesses boom in FX black market
Economy headline

33,000 farmers to benefit from CBN loans in Zamfara

Iheanyi Ejiofor July 26, 2018 headline

No fewer than 33,974 rice farmers in Zamfara state are to benefit from the Anchor Borrowers loan of the Central Bank of Nigeria (CBN). The Rice Farmers Association of Nigeria…

Read More 33,000 farmers to benefit from CBN loans in Zamfara
Business Economy headline

Dangote supports University of Ibadan

Iheanyi Ejiofor July 26, 2018

Ebun Francis| Alhaji Aliko Dangote, Chief Executive Officer, Dangote Group, on Wednesday urged the Federal Government to provide critical infrastructure that would make the nation’s environment conducive for businesses to…

Read More Dangote supports University of Ibadan
Economy headline

Nigeria, Niger in $2b refinery deal

Iheanyi Ejiofor July 25, 2018 headline

The private sector-driven Niger Republic facilitated approved petroleum refinery in Mashi in Kastina state would cost $2 billion. The planned refinery would have the capacity to produce 150, 000 barrels…

Read More Nigeria, Niger in $2b refinery deal
Economy headline

Why MPC retains interest rate at 14% – Emefiele

Iheanyi Ejiofor July 25, 2018 headline

  By Emeka Ejere The Central Bank of Nigeria (CBN), Governor Mr. Godwin Emefiele, said the apex bank kept its main interest rate on hold at 14 percent, for the…

Read More Why MPC retains interest rate at 14% – Emefiele

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