BUSINESS

EMEFIELE: Nigeria will exit recession by 2nd quarter of 2017

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has assured Nigerians that the country would get out of economic recession latest by the end of June this year. This, according to him, is based on emerging positive ...

Read More »

Federal Allocation: FG, States, LGs share N467.8bn for March

The Federation Account Allocation Committee (FAAC) on Tuesday shared N467.8 billion to the three tiers of the Nigerian government. This is N38.7 billion more than what the three tiers of government shared the previous month. The Accountant-General, Mr Ahmed Idris, ...

Read More »

RUNWAY JAZZ 2017: UBA POWERS MUSIC AND BUSINESS MASTERCLASS FACILITATED BY THE BERKLEE COLLEGE OF MUSIC

…Nagee and Josh stone to headline the Jazz runway show …as Donald Duke introduces daughter Xerona unto the scene The countdown has begun to the most anticipated and insightful learning experience at the Runway Jazz 2017 Music and Business Masterclass, taking ...

Read More »

Naira maintains position at parallel market

The naira on Monday stabilised against the dollar at the parallel market, the News Agency of Nigeria, NAN, reports. The Nigerian currency traded between N380 (buying rate) to N385 (selling rate) on Monday afternoon, maintaining the same rate as at ...

Read More »

CBN suspends charges on large withdrawals

The Central Bank of Nigeria (CBN) has directed Deposit Money Banks to suspend charges on over-the-counter or ATM withdrawals of above N500,000 or deposit of same amount. The apex bank’s Director, Banking and Payments System Department, Mr Dipo Fatokun, in ...

Read More »

Naira continues gain against dollar

The Naira on Thursday strengthened against the dollar in all the major segments of the market. At the parallel market, the Nigerian currency gained five points to exchange at N385 to the Dollar from the N390 recorded on Wednesday. The ...

Read More »

Access Bank Appoints Former Executive Director as Group Deputy Managing Director

Access Bank Plc has announced the appointment of Mr. Roosevelt Michael Ogbonna, as Group Deputy Managing Director to replace Mr. Obinna Nwosu who recently resigned his appointment to pursue other personal endeavours. The new Group Deputy Managing Director began his ...

Read More »

Nigeria’s economy to rise 0.8 per cent in 2017 through agriculture, rise in oil output and big government spending – IMF

The International Monetary Fund, IMF, Tuesday, projected that Nigeria’s economic growth would rise by 0.8 per cent in 2017. The agency, in its World Economic Outlook report unveiled in Washington, said continued growth in agriculture, rise in oil output and ...

Read More »

FOREX LIQUIDITY: CBN injects $280m into various sectors of Nigerian market

The Central Bank of Nigeria, CBN, on Tuesday injected about $280 million into various sectors of the market in its determination to sustain liquidity in the foreign exchange market since the commencement of its weekly $20,000 sale to licensed Bureau ...

Read More »

Accountant General: TSA now over N7 trillion

The Federal Government has recorded a whopping over N7 trillion in the Treasury Single Account (TSA) towards the end of March 2017, Accountant General of the Federation (AGF), Mr Ahmed Idris has said. In an interview with the Economic Confidential ...

Read More »

Responsive WordPress Theme Freetheme wordpress magazine responsive freetheme wordpress news responsive freeWORDPRESS PLUGIN PREMIUM FREEDownload theme free

UA-38867477-1