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Category: Economy

Business Economy

NPA MD storms Lagos ports midnight to assess compliance with 24-hour port operation

Iheanyi Ejiofor June 20, 2017 headline

By Funso Olojo The Managing Director of Nigerian Ports Authority (NPA) Ms Hadiza Bala Usman took port operators by surprise when she and her team undertook unscheduled tour of Apapa…

Read More NPA MD storms Lagos ports midnight to assess compliance with 24-hour port operation
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

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