Ebun Francis At the end of its Monetary Policy Committee (MPC) meeting Teusday, the Central Bank of Nigeria (CBN) has called on the the Federal Government to settle its domestic…
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Category: Economy
MPC Meeting Ends With Rates Unchanged
Ebun Francis In the face of worsening economic crisis, the Central Bank’s Monetary Policy Committee has decided to retain current interest rates. Godwin Emefiele, the CBN governor briefed journalists on the…
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Recession worsens as economy shrinks by 2.24 percent
Ebun Francis Nigeria’s economic recession worsened in the third quarter as the economy shrunk by 2.24 percent, according to figures released by the National Bureau of Statistics. “The nation’s gross…
Read More Recession worsens as economy shrinks by 2.24 percent
Lagosians consume N3bn foodstuffs daily – Ambode
Ebun Francis Lagos State consumes foodstuff worth over N3bn daily, according to Akinwumi Ambode, the executive Governor of Lagos state. Governor Ambode made the disclosure at the maiden edition of…
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Obasanjo, Yar’Adua, Jonathan blew N70tn in 15yrs – NEITI
Chidi Samuel The Nigeria Extractive Industries & Transparency Initiative (NEITI) said Nigeria could not account for about N70tn it generated from petroleum between 1999 and 2014. The period covers the…
Read More Obasanjo, Yar’Adua, Jonathan blew N70tn in 15yrs – NEITI