Nigeria’s inflation rate increased to 18.72 per cent in January 2017, from 18 .55 percent figure in December 2016., according to figures released Wednesday by the National Bureau of Statistics,…
Read More Nigeria’s inflation rate rises to 18.72 per cent- NBSCategory: Economy
World Bank agrees to give Nigeria $2.5bn loan
Ebun Francis On the condition that the Country reform it’s current forex regime, the World Bank has agreed to give Nigeria $2.5bn loan. The news of the approval of the…
Read More World Bank agrees to give Nigeria $2.5bn loanLess than one per cent of Naira notes are fake – CBN
Chidi Samuel Contrary to the claim by a former Deputy Governor of Central Bank of Nigeria, CBN, Dr Obadiah Mailafia that 20 percent of the currency in circulation nationwide is…
Read More Less than one per cent of Naira notes are fake – CBNEconomy Recovery Plan: No recommendation to raise N5trn from assets sale – FG
The Federal Ministry of Budget and National Planning says there is no recommendation to raise N5 trillion from assets sale in Economy Recovery and Growth Plan (ERGP). The clarification was…
Read More Economy Recovery Plan: No recommendation to raise N5trn from assets sale – FGAMCON takes over OAS Helicopters
Ebun Francis with agency report Less than a week after the take over of Arik Airline by the Asset Management Corporation of Nigeria (AMCON), the Corporation on Tuesday took over…
Read More AMCON takes over OAS Helicopters
