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Category: Economy

Economy

River Niger Dredging: Jonathan paid N34 billion, but it’s being executed by Buhari for N100 m – Amaechi

Iheanyi Ejiofor May 5, 2017 headline

Rotimi Amaechi, Nigeria’s Minister of Transport on Thursday said the former President Goodluck Jonathan spent N34bn to dredge the Niger, a task that was left undone and now being carried…

Read More River Niger Dredging: Jonathan paid N34 billion, but it’s being executed by Buhari for N100 m – Amaechi
Economy

CBN Governor, Emefiele meets with Buhari

Iheanyi Ejiofor May 4, 2017 headline

The Governor of Nigeria’s central bank, Mr. Godwin Emefiele on Thursday met with President Mohammadu Buhari at the presidential villa, Abuja. Speaking to newsmen at the end of the meeting, Emefiele…

Read More CBN Governor, Emefiele meets with Buhari
Breaking Economy

( Updated) CBN’s Policy on 41 Items Remains in Place

Iheanyi Ejiofor May 4, 2017 headline

The central bank of Nigeria, CBN, has responded to media reports that it has conditionally lifted the ban it placed on 41 items listed as not legible for forex allocation. In…

Read More ( Updated) CBN’s Policy on 41 Items Remains in Place
Economy

Senate postpones 2017 budget report presentation

Iheanyi Ejiofor May 4, 2017 headline

The senate has postponed the presentation of the 2017 budget report proposal earlier scheduled for to today to Tuesday next week. The committees of appropriation of both the senate and…

Read More Senate postpones 2017 budget report presentation
Business Economy

FOREX: Dealers fail to subscribe fully to CBN $100m offer

Iheanyi Ejiofor May 3, 2017 headline

The Central Bank of Nigeria (CBN) says authorized dealers were able to subscribe to $65.94 million out of the $100 million offered by it at the inter-bank wholesale transactions concluded…

Read More FOREX: Dealers fail to subscribe fully to CBN $100m offer

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