MPR reduction has a symbolic and signaling value-LCCI
MPR reduction has a symbolic and signaling value-LCCI The Lagos Chamber of Commerce and Industry (LCCI) welcomed the decision by the Central Bank of Nigeria (CBN) to reduce the…
Outlook for the Nigerian Economy in Buhari’s 2nd Term
Outlook for the Nigerian Economy in Buhari’s 2nd Term The Economy: Outlook is positive but modest The outlook for the economy over the next 4 years is positive but modest…
World Bank sees Nigerian 2018 GDP growth at under 2 percent
World Bank sees Nigerian 2018 GDP growth at under 2 percent The World Bank expects Nigeria’s economy to grow slightly less than 2 percent this year, largely driven by…
ECOWAS Commission urges strengthening of cross- border trade through E-commerce
ECOWAS Commission urges strengthening of cross- border trade through E-commerce The Commission of the Economic Community of West African States (ECOWAS) is committed to boosting cross-border trade through E-Commerce.…
AfDB to invests $10 million in Chapel Hill Denham Nigeria infrastructure debt fund
AfDB to invests $10 million in Chapel Hill Denham Nigeria infrastructure debt fund By Kayode Ogunwale The Board of Directors of the African Development Bank Group has approved a…
Senate approves government’s planned $2.79bn Eurobond issue
Senate approves government's planned $ Eurobond issue The Senate on Wednesday approved the government’s request to issue a $ billion Eurobond on international debt markets to fund capital projects…
CBN, MTN getting closer to settlement -minister
CBN, MTN getting closer to settlement -minister Central Bank of Nigeria (CBN) and South African telecommunications firm MTN could soon strike a deal in their dispute over the repatriation…
BudgIT laments as Nigeria ranks 157th out of 157 countries in the commitment to reducing inequality index
BudgIT laments as Nigeria ranks 157th out of 157 countries in the commitment to reducing inequality index BudgIT expresses dismay at Nigeria’s position for the second time in commitment…
Osinbajo commends entrepreneurial drive of young Nigerians
Osinbajo commends entrepreneurial drive of young Nigerians In line with its Economic Recovery and Growth Plan to boost job creation and the economy, the Buhari administration will continue to…
CBN holds benchmark interest rate at 14%
CBN holds benchmark interest rate at 14% The Central Bank of Nigeria (CBN) has kept its main interest rate on hold at 14 percent to counter inflationary risk and introduced…