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…
Tracka raises concerns on the 2018 Constituency Projects and calls for citizens’ action
Tracka raises concerns on the 2018 Constituency Projects and calls for citizens’ action Tracka, a transparency platform which allows citizens to collaborate, track and give feedback on public projects in…
World Bank approves $2.1bn loans for Nigerian projects
World Bank approves $ loans for Nigerian projects The World Bank said on Thursday it had approved a total of $ billion in concessionary loans to fund projects in…
2017 budget: N1.58tn released for capital projects, says FG
2017 budget: released for capital projects, says FG The Federal Government on Tuesday said it had released to its Ministries, Departments and Agencies for the execution of capital projects…
Moody’s: Nigeria and Angola’s dependence on oil and gas creates challenges
Moody's: Nigeria and Angola's dependence on oil and gas creates challenges Although Nigeria (B2 stable) and Angola's (B3 stable) economies, external positions and public finances are expected to stabilise,…
Nigeria recovers N30bn with tax evasion amnesty -finance ministry
Nigeria recovers N30bn with tax evasion amnesty -finance ministry Federal government has recovered around N30 billion from individuals and companies through a tax amnesty scheme, the finance ministry said…
CBN injects $210 million into forex market
CBN injects $210 million into forex market Central Bank of Nigeria (CBN) said on Wednesday it had injected $210 million into the interbank foreign exchange market, extending efforts to boost…
Nigeria’s economic growth slows for first time since end of recession
Nigeria's economic growth slows for first time since end of recession Nigeria’s economic growth slowed in the first quarter of 2018 for the first time since the country pulled…
Annual Inflation falls to 12.48% in Apr
Annual Inflation falls to in Apr The National Bureau of Statistics (NBS) has said annual inflation in Nigeria stood at percent in April, its lowest level in more than…