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26 Nov, 2015

THE World Bank Group yesterday unveiled a new plan that calls for $16 billion in funding to help African coun­tries adapt to climate change and build up the...

26 Nov, 2015

Naira and bond yields fell sharply on Wednesday while stocks rose, a day after the Central Bank of Nigeria (CBN) announced a surprise interest rate cut aimed at...

26 Nov, 2015

The Federal Ministry of Finance said on Wednesday that N194bn had been spent on capital projects between January and September this year.

It also put...

25 Nov, 2015

Based on October 2015 data of the Central Bank of Nigeria, CBN, sighted by Vanguard, the yesterday’s decision of the apex bank to effect a 5.0 per cent cut...

25 Nov, 2015

The Senate on Tuesday directed its Committee on Appropriation to work on the N465bn supplementary appropriation bill and submit report for deliberation and...

25 Nov, 2015

The Central Bank of Nigeria (CBN) yesterday reduced the Monetary Policy Rate  (MPR) from 13 per cent to 11 per cent  as well and the Cash Reserve Ratio...

24 Nov, 2015

Multi-billion dollars oil projects in Nigeria, like the Bonga South West, have been locked up as Nigeria’s oil investments dipped by $4 billion in 2014. A...

23 Nov, 2015

In order to improve the welfare of Nigerian pensioners the House of Representatives Standing Committee on Pensions has assured that it will enhance the work of various agencies that manage...

23 Nov, 2015

The Monetary Policy Committee, MPC, of the Central Bank of Nigeria, CBN, will hold its 247th Meeting in Abuja between today and tomorrow to review effects of the...

23 Nov, 2015

The Ngerian economy generated 475,180 jobs in the third quarter of the year (Q3 2015), according to the National Bureau of Statistics (NBS).

This...

20 Nov, 2015

Deputy Governor of the Central Bank of Nigeria (CBN) Dr. Sarah Alade has denied a news report that the CBN plans to restrict dollar supplies to the interbank...

20 Nov, 2015

Nigeria will inject $250 million into its sovereign wealth fund, an official said on Thursday, making the first contribution since last year as government savings...

19 Nov, 2015

AXAMansard Insurance Plc has launched an insurance scheme on all mobile phones and computers by partnering with YES Mobile. The partnership with

18 Nov, 2015

The Central Bank of Nigeria (CBN) has threatened to impose more penalties on banks and other financial institutions that render false returns as well as those...

18 Nov, 2015

New Minister of Finance, Kemi Adeosun, says that the focus of the Federal Government will henceforth be on raising non-oil revenues and buffering existing revenue...

18 Nov, 2015

THREAT of recession is pushing the President Muhammadu Buhari-led Federal Government to plan massive infrastructural and social investment spending, The Guardian...

18 Nov, 2015

Confronted with a N100 billion debt on assumption of duty last week, the Minister of State for Aviation, Senator Hadi Sirika, on Tuesday hinted that the federal...

18 Nov, 2015

The Nigerian economy grew by 2.84 per cent in the third quarter of the year (Q3 2015) compared with 2.35 per cent in the previous quarter, the National Bureau of...

17 Nov, 2015

The Federal Government has started the process of fulfilling its promise to pay N5,000 monthly allowance to 25 million unemployed youths in the country with 2016...

17 Nov, 2015

The Federal Government is considering a mix of energy sources for electricity supply.

Vice President Yemi Osinbajo stated this yesterday while...