The Central Bank of Nigeria (CBN) on Monday, September 18, 2017, threatened to sanction any Deposit Money Bank (DMB) in breach of its earlier directive of March 3, 2017 instructing…
Read More Forex: CBN goes tough on Banks, floods market with $545m
Category: Economy
National Assembly to get 2018 Budget by October – Presidency
Nigeria’s 2018 Appropriation Bill will be submitted to the National Assembly in October. Ita Enang, Special Adviser to President Muhammadu Buhari on National Assembly Matters (Senate), gave the assurance when…
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Stakeholder blames loose inspection regime for proliferation of arms imports
Funso Olojo || A maritime expert, Lucky Amiwero, has decried the destination inspection regime of cargo inspection as the cause of the proliferation of arms imports into the country. It…
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Nigeria inflation rate drops again to 16.01%
Ebun Francis || Nigeria inflation rate dropped for the seventh consecutive time to 16.01% according to figures released by the National Bureau of Statistics (NBS) on Friday. According to the…
Read More Nigeria inflation rate drops again to 16.01%
Dangote bids for South African cement company
Dangote Cement, a member of Dangote group has approached South African cement producer, (PPC), for takeover bid, but talks are at preliminary stages, Media reported on Thursday. PPC is already…
Read More Dangote bids for South African cement company