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Category: Economy

Economy

We have spent N41bn on social investment programmes- FG

Iheanyi Ejiofor May 17, 2017 headline

The federal government on Tuesday said that a total of N41 billion has been spent on its social investment programmes and 25 million meals served under the school feeding programme.…

Read More We have spent N41bn on social investment programmes- FG
Economy

Nigeria Is Coming Out Of Recession- Adeosun

Iheanyi Ejiofor May 17, 2017

Chidi Samuel || Nigeria’s Minister of Finance, Mrs. Kemi Adeosun on Tuesday confirmed that the Country the Country was gradually easing out of recession. Mrs. Adeosun’s disclosure came shortly after…

Read More Nigeria Is Coming Out Of Recession- Adeosun
Economy

Inflation rate falls for the third month in a row- NBS

Iheanyi Ejiofor May 16, 2017 headline

The consumer pricing index used to measure the rate of inflation dropped from 17.26 percent in March to 17.24 in the month of April 2017, according to the National Bureau…

Read More Inflation rate falls for the third month in a row- NBS
Business Economy

CBN boosts forex market with $457.3m

Iheanyi Ejiofor May 15, 2017 headline

The Central Bank of Nigeria (CBN) on Monday injected 457.3 million dollars into various segments of the market. The CBN Spokesman, Mr. Isaac Okorafor in a statement in Abuja, said…

Read More CBN boosts forex market with $457.3m
Business Economy

Ignore rumours of financial distress in banks – NDIC BOSS

Iheanyi Ejiofor May 14, 2017 headline

The Managing Director/Chief Executive of Nigeria Deposit Insurance Corporation (NDIC), Alhaji Umaru Ibrahim has called on members of the public to ignore rumours of financial distress in some banks that…

Read More Ignore rumours of financial distress in banks – NDIC BOSS

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