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  • Home – headline, breaking news
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    • Finance | Banking
    • Business
  • News
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Category: Economy

Economy

Osinbajo seeks reps approval to borrow $500m for 2016 budget

Iheanyi Ejiofor February 22, 2017 headline

Ebun Francis ||  Prof. Yemi Osinbajo, Nigeria’s Acting President is seeking the approval of the house of representatives to borrow $500 million out of the $1 billion Eurobond from the International…

Read More Osinbajo seeks reps approval to borrow $500m for 2016 budget
Economy

Naira appreciates, stock market gains, as CBN new forex policy takes effect

Iheanyi Ejiofor February 21, 2017

Chidi Samuel|| The naira appreciated against the dollar Tuesday from 520 to 515 per dollar at the parallel market in response to the introduction of new policy actions by the Central Bank…

Read More Naira appreciates, stock market gains, as CBN new forex policy takes effect
Economy

Osinbajo, NASS move to improve ease of doing business

Iheanyi Ejiofor February 21, 2017 headline

Ebun Francis with agency report|| Presidential Enabling Business Environment Council (PEBEC) chaired by Acting President Yemi Osinbajo, SAN has approved a 60-day national action plan to push through short term…

Read More Osinbajo, NASS move to improve ease of doing business
Economy

CBN pumps $370.9 million into forex market

Iheanyi Ejiofor February 21, 2017 headline

Chidi Samuel|| In line with its promise to ease the difficulties encountered by Nigerians in obtaining funds for Foreign Exchange transactions as contained in the revised forex regulation released yesterday,  the…

Read More CBN pumps $370.9 million into forex market
Economy

CBN approves $16,000 PTA per year and $15,000 per semester for students

Iheanyi Ejiofor February 21, 2017 headline

Chidi Samuel|| Following the release of an enhanced forex policy regime by the Central Bank of Nigeria (CBN) earlier on Monday, the Apex bank says every Nigerian, 18 years or older,…

Read More CBN approves $16,000 PTA per year and $15,000 per semester for students

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