The consumer pricing index used to measure the rate of inflation dropped from 17.26 percent in March to 17.24 in the month of April 2017, according to the National Bureau…
Read More Inflation rate falls for the third month in a row- NBS
Category: Economy
CBN boosts forex market with $457.3m
The Central Bank of Nigeria (CBN) on Monday injected 457.3 million dollars into various segments of the market. The CBN Spokesman, Mr. Isaac Okorafor in a statement in Abuja, said…
Read More CBN boosts forex market with $457.3m
Ignore rumours of financial distress in banks – NDIC BOSS
The Managing Director/Chief Executive of Nigeria Deposit Insurance Corporation (NDIC), Alhaji Umaru Ibrahim has called on members of the public to ignore rumours of financial distress in some banks that…
Read More Ignore rumours of financial distress in banks – NDIC BOSS
Shareholders laud Sterling Bank’s performance
Shareholders of Sterling Bank Plc. – the “one customer bank”, commended the Bank’s Board and Management for reporting a profitable performance for the year ended December 31, 2016, despite the…
Read More Shareholders laud Sterling Bank’s performance
National Assembly passes 2017 budget
The National Assembly has passed into law the 2017 budget estimated to cost N7.441 trillion. The appropriation committees of both the Senate and the house of Representative presented their harmonised reports and the appropriation bill…
Read More National Assembly passes 2017 budget