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Category: Economy

Economy

2017 budget to be rolled over into 2018 -Adeosun

Iheanyi Ejiofor October 4, 2017 headline

The Minister of Finance, Mrs. Kemi Adeosun, has revealed Federal Government’s plan to roll over at least 60 per cent of 2017 capital projects to 2018 budget proposal. Adeosun made…

Read More 2017 budget to be rolled over into 2018 -Adeosun
Business Economy

CBN injects another $195m into Forex market

Iheanyi Ejiofor October 3, 2017 headline

The Central Bank of Nigeria (CBN), in continuation of its efforts to sustain FOREX liquidity in the country, on Tuesday, October 3, 2017, intervened in the inter-bank Foreign Exchange Market…

Read More CBN injects another $195m into Forex market
Business Economy

We did not receive ten year tax holiday from FG- Dangote

Iheanyi Ejiofor October 3, 2017

Ebun Francis || Alhaji Aliko Dangote, the President of Dangote Group and Africa’s richest man has described as untrue the rumours making the rounds that he has been granted a…

Read More We did not receive ten year tax holiday from FG- Dangote
Economy

Governors push for fresh bailout funds

Iheanyi Ejiofor September 29, 2017 headline

Ebun Francis || The governors of the 36 states are asking the federal government for another bail in the form of Budget support to assist states to offset arrears of accumulated…

Read More Governors push for fresh bailout funds
Business Economy

CBN holds interest rate at ten year high

Iheanyi Ejiofor September 26, 2017 headline

The central bank of Nigeria’s Monetary Policy Committee (MPC) at the end of its monthly meeting in Abuja on Tuesday decided to hold the interest rate at 14%. The central…

Read More CBN holds interest rate at ten year high

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