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Business and Economy

PenCom and Civil Societies: A Partnership that Works

The National Pension Commission (PenCom), under the able leadership of Hajia Aisha Dahir Umar, has changed the narrative and the paradigm shift on what...

Coalition lauds CBN’s Governor, Emefiele over lending rate 17.5% to contain inflation

A coalition of Civil Society Organizations, CSOs, under the auspices of Coalition of Civil Society on Good Governance, CCSGG, Tuesday, hailed the Central Bank...

CBN Raises Interest Rate To 17.5%

The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR), which measures interest rate from 16.5% to 17.5 percent to tame...

New Naira Notes: CBN committed to achieving cashless economy- Ekanemesang

By Odo Ogenyi,UyoThe Central Bank of Nigeria, CBN, has said it is committed to achieving a cashless economy, aimed at reducing too much money...

Dangote targets 300,000 fresh jobs for Nigerians

Africa's richest industrialist Aliko Dangote is optimistic that the new multi-billion naira investment in the sugar sub-sector would create no fewer than 300,000 jobs.A...

CBN Raises Interest Rate to 16.5% To Battle Inflation

The Central Bank of Nigeria, CBN has raised its interest rate to 16.5 per cent in a bullish move to stymie rising inflation and...

Again, Nigeria’s position drops on OPEC production list

Nigeria now ranks seventh on Organisation of the Petroleum Exporting Countries’ crude oil production list, according to the organisation’s Monthly Oil Market Report for...

Abuja-Kaduna Train: Again, Minister Speaks on Service Resumption Date

The federal government has said that the Abuja-Kaduna train service would resume in less than two weeks. The minister of transportation, Mu’azu Jaji Sambo, stated...

BREAKING: Senate Approves CBN Plan to Redesign Naira Notes

The Senate has resolved to provide legislative support to the Central Bank of Nigeria (CBN) for the redesign of the N1,000, N500 and N200...

Under Buhari’s administration, CBN releases $3.5bn for foreign education

Data obtained from the website of the Central Bank of Nigeria on Sunday revealed that Nigeria’s educational sector suffered massive capital flight during the...

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