Latest News
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162Industry & MoneyCredit to Private Sector Depreciated to ₦71.21tr
The Central Bank of Nigeria (CBN) has disclosed that banks’ credit to the private sector declined by 12 per cent month-on-month in...
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75UncategorizedNigeria-U.S. Trade Volumes hit $10b
The trade volumes between Nigeria and the United States (U.S.) reached $10 billion while the U.S. government announced a fresh injection of $125million cash...
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58Local NewsSenate Begins Probe of Stalled $18.5b Abuja Centenary City Project
The Senate yesterday set up a seven-member ad hoc committee to investigate what caused the stalling of the $18.5 billion Abuja Centenary Economic...
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104AgricultureMechanisation: FG Opens Talks with Vendors for Supply of 85,000 Farm Equipment
The federal government has opened discussions with Chinese agricultural/construction machinery vendors to boost the current administration’s agricultural transformation agenda as well as...
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137Real EstateHouse Moves against Cement Manufacturers, Vows to Checkmate Price Hike
The House of Representatives has vowed to leave no stone unturned to put the right laws in place that could help checkmate...
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66Local NewsCBN Clarifies Export Proceeds’ Repatriation, Utilisation By Oil Companies
The Central Bank of Nigeria (CBN) yesterday clarified that 50 per cent balance of the repatriated export proceeds could be used to...
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59Local NewsFG to Sanction Marketers Diverting Fuel
As fuel queues subside across filling stations, the Federal Government says it will sanction marketers hoarding and diverting Premium Motor Spirit. The...
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64Local NewsStates, LGs to Get 90% VAT Revenue –Panel
The Presidential Committee on Fiscal Policy and Tax Reforms has proposed reviewing states’ and local governments’ share of the Value Added Tax...
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64Banking & FinanceCashless: CBN Suspends Charges on Cash Deposits
The Central Bank of Nigeria (CBN) has directed banks to stop charges on cash deposits until September 30, 2024. CBN disclosed this...
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62Foreign NewsOil Slips on Rising US Stockpiles
Oil prices fell in early Asian trade on Wednesday as industry data showed a pile up in both crude and fuel inventories...
