Naira Strengthens Against Dollar
Barely 24 hours Naira was forced to a downward trajectory by dollar scarcity it bounced back, closing at N477 to a dollar at the parallel market in Lagos. The Pound…
Senate To Sanction CBN, NPA, FIRS, NIMASA, Others
By Olamilekan Alani The Senate Joint Committee on Finance and National Planning on Wednesday threatened to sanction heads of some revenue generating agencies of the Federal Government if they fail…
National Theatre To Create New Entertainment City And Employment- Lai Mohammed
By Moses Godonu Minister of Information and Culture, Lai Mohammed said upgrading the National Art Theatre in Iganmu, Surulere, Lagos is to create a new entertainment city for TV…
JUST IN: CBN Unveils Plans For Non-Interest Facility In ABP And Others
The Central Bank of Nigeria (CBN) has announced plan to release a framework for integration of non-interest window in all its intervention programmes, particularly the Anchor Borrowers’ Programme (ABP) and…
Governors To Deliberates Over Incessant Rape, NCDC Bill
Nigeria Governors’ Forum (NGF) scheduled to meet on Wednesday over the alarming rate of rape and other forms of sexual violence, among other critical issues in the country. The Head…
Work Hand In Glove With Presidential Task Force-Buhari
President Muhammadu Buhari has urged state governors to cooperate with the Presidential Task Force (PTF) on coronavirus control in order to curtail the pandemic. The president said this during a…
Over 100 Tonnes Of Bad Naira Notes Destroyed Weekly – CBN
Over 100 tonnes of bad Naira notes are generated as wastes and destroyed weekly, the Central Bank of Nigeria has said. The apex bank said the Naira notes are destroyed…
Rice Farmers Urge CBN To Reschedule Loan Repayment Plan
By Lukman Amusa Mr Stephen Maduwa the Adamawa state chairman of Rice Farmers Association of Nigeria (RIFAN), has appealed to Central Bank of Nigeria (CBN), to reschedule its loan repayment…
Nigeria May Slip Into Stagflation – Rewane
Renowned economist and Chief Executive Officer of Financial Derivatives Company (FDC), Bismark Rewane, has warned that Nigeria has a 25 percent probability of slipping into stagflation. Rewane, who is also…
FG To Begin Deduction Of N614bn Bailout Funds To States
Biodun Bidemi The Federal Government will, from September, begin deduction of the N614 billion bailout funds it gave to states for payment of salaries of workers in 2016. The Minister…
