The Nigeria bureau of statistics Wednesday delivered grim news on the Nigerian Economy, dashing the hope of many Nigerians ravaged by a rampant recession in the last two years. Wednesday’s…
Read More Bad news for Nigeria economy as FDI drops to $908m –NBSFormer Minister of Finance, Mrs Ngozi Okonjo-Iweala, has said that growth and development cannot be achieved when a country has distortions in its foreign exchange rates. Speaking at the launch…
Read More You can’t achieve growth with forex distortions, Okonjo-Iweala warns
The Governor of Nigeria’s Central Bank, Mr. Godwin Emefiele said that he is confident Nigeria will get out of recession by September 2017. The Apex bank governor made the declaration…
Read More Nigeria will be out of recession in September- Emefiele
Following the conclusion of the Monetary Policy Committee Meeting on Tuesday, May 23, 2017, the Central Bank of Nigeria (CBN) has injected the sum of $186.5million into the invisible and…
Read More CBN Injects $186.5m for Invisible and SMEs segments
The Central Bank of Nigeria’s Monetary Policy Committee, MPC, Tuesday voted to retain key interest rate at a record 14 percent even as it seeks a convergence in the Country’s…
Read More CBN, MPC retains interest rates at record high to stabilise naira gain