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Category: Economy

Business Economy

CBN injects $195m into FOREX Market

Iheanyi Ejiofor June 19, 2017 headline

…announces retail option Following its intervention in the Inter-bank Foreign Exchange Market, last week, to the tune of over $800 million, the Central Bank of Nigeria (CBN) on Monday, June…

Read More CBN injects $195m into FOREX Market
Economy

FG To Release N350bn For Capital Projects

Iheanyi Ejiofor June 19, 2017 headline

The federal government has concluded plans to release N350bn naira from 2017 budget for capital projects across the country. The Minister for Finance, Mrs. Kemi Adeosun while speaking at the…

Read More FG To Release N350bn For Capital Projects
Economy

The worst is over but we must not repeat mistakes of the past- Adeosun

Iheanyi Ejiofor June 19, 2017 headline

Nigeria’s Minister of Finance, Mrs. Kemi Adeosu believes the Country’s economic crisis has been overcome and that the future is bright. Mrs. Adeosun, who spoke at the just concluded Bloomberg,…

Read More The worst is over but we must not repeat mistakes of the past- Adeosun
Business Economy

NNPC reduces price of diesel to N175

Iheanyi Ejiofor June 19, 2017 headline

The Nigerian National Petroleum Corporation(NNPC), said it has reduced the price of diesel also known as Automative Gas Oil (AGO) N175 from N300. The reduction represents a decrease of about 42…

Read More NNPC reduces price of diesel to N175
Business Economy

FG signs N3.34bn MoU with Dangote, Flour mills, NPA for repair of Wharf road

Iheanyi Ejiofor June 17, 2017 headline

The federal government on Saturday signed N4.34bn MoU with Dangote group and other stakeholders for the rehabilitation of the long neglected Wharf Road Apapa, Lagos. Nigeria minister of power, works, and housing,…

Read More FG signs N3.34bn MoU with Dangote, Flour mills, NPA for repair of Wharf road

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