Managing Director, Nigerian Export-Import Bank (NEXIM), Mr. Abubakar Abba Bello, has said that the bank is set to address the […]
Category: Economy
CBN to Increase Banks’ Forex Allocation
The Central Bank of Nigeria (CBN) has concluded plans to increase foreign exchange allocated to banks to meet customers’ requests. […]
Southeast crisis: Onion Marketers Suspend Supply
The Onion Producers and Marketers Association of Nigeria (OPMAN) has said it has concluded plan to halt the supply of […]
CBN Spends Over N44bn On Cotton, Textile, Garment Sector In 2 Years
The Central Bank of Nigeria (CBN) said it has disbursed over N44 billion across the cotton, textile and garment (CTG) […]
NNPC Eyes Stakes in Five More Private Refineries
The Nigerian National Petroleum Corporation (NNPC) yesterday unfolded plans to acquire shares in five more private refineries in Nigeria, bringing […]
NDPHC, EKEDC sign MoU to add 300mw to Ibeju-Lekki
The Niger Delta Power Holding Company (NDPHC) Ltd has signed an agreement with Eko Electricity Distribution Company Plc (EKEDC) to […]
Sylva, China’s envoy reinstates commitment to Nigeria-China relationship
The Chinese Ambassador to Nigeria, CUI Jianchun and Minister of State for Petroleum Resources for Nigeria, Chief Timipre Sylva, have […]
CBN to states: Be Good Debtors, Repay Your Debts
The Central Bank of Nigeria (CBN) has told state governments to act as good debtors by paying the debts that […]
Six Fighter Jets to Arrive in August, Says Emefiele
Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has disclosed that Nigeria will get 12 fighter planes […]
CBN Retains Interest Rate At 11.5% To Support Economic Recovery
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) retained its benchmark interest rate for a fourth […]