CBN retains Monetary Policy Rate at 13.5%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has maintained a hold in Monetary Policy Rate (MPR) at 13.50%. Other...

ECA pledges support for Angola’s economic reform

The UN Economic Commission for Africa (ECA) says it has established three work streams aimed at supporting Angola on its sustainable development trajectory and...

AMCON, AMPs and arduous task of debt recovery in Nigeria

The Asset Management Company of Nigeria (AMCON) and its debt recovery partners (AMPs) are in a bind as the debt recovery process has so...

FIRS posts N1.5tn revenue in Q1 of 2019

The Federal Inland Revenue Service ((FIRS) generated N1.5 trillion revenue in the first quarter (Q1) of 2019. According FIRS Chairman, Mr Babatunde Fowler, who disclosed...

Nigerians must brace for fuel price increase, Rewane warns

More than ever before, the likelihood of a petrol pump price hike has become more palpable, and Nigerians have been advised to brace up...

New Bariga jetty, ferries to reduce Lagos road traffic – Ambode

Lagos State Governor, Akinwunmi Ambode has commissioned the Bariga Waterfront Jetty, five new ferries and the Ilaje road, saying that the development would compliment...

Our integrated transport system firmly on track- Ambode

• Commissions Ilaje Road, Bariga Waterfront Jetty, Five Ferries • Projects Inspired to give residents feeling of inclusion Lagos State Governor, Mr. Akinwunmi Ambode on Tuesday commissioned...

Experts predict April inflation rate to drop to 11.23%

Analysts at FSDH Research have predicted that Nigeria inflation rate for the month of April 2019 will drop further to 11.23per cent from 11.25...

CBN refutes allegation of missing N150bn

• Says accounts a true reflection of affairs The Central Bank of Nigeria (CBN) has described the allegations making the rounds that it misappropriated a whopping...

Global partners allocate $61.8 million to boost AfDB initiative for women

The Governing Committee of the Women Entrepreneurs Finance Initiative (We-Fi) has approved a funding allocation of $61.8 million for the African Development Bank’s Affirmative...

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