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2018: SMEs Hopeful As CBN Intensifies Intervention

CBN intervention policies, There are strong indications that the sustained and diversified intervention programmes of the Central Bank of Nigeria (CBN) would provide the...

Economic Recovery And Growth: How Far So Far?

Nigeria Economic Recovery is one of the key mandates of Federal Ministry of Budget and National Planning is to render policy advice to Federal...

Nigeria Is Exiting Recession But Economy Remains Vulnerable

Nigeria is exiting recession but its economic growth remains sluggish, the International Monetary Fund (IMF) said on Friday, after conducting a review of Africa's...

Reps Debate Bailout For Ailing Industries To Ease Unemployment

The House of Representatives on Wednesday urged the Federal Government to initiate a process of bailing out critical industries in the country, to reduce...

Banks Urged To Enhance Private Sector Credit

The President of the Chartered Institute of Bankers of Nigeria (CIBN), Prof. Segun Ajibola has advised commercial banks in the country to increase credit...

Reviving Textile Industry For Economic Growth

The travails of Nigeria’s textile industry were rehashed recently at a seminar organised by the Nigerian Institute of Social and Economic Research, Ibadan. For a...

Nigeria’s Foreign Reserve Rises To $35.2bn — CBN Governor

The Governor of the Central Bank of Nigeria, CBN, Mr. Godwin Emefiele yesterday said the country’s foreign reserve had risen to $35.2 billion from...

Nigeria Reports N261.9b Income From Agric Exports In Second Quarter

Nigeria’s non-oil sector is growing with N261.92 billion earnings in the second quarter of the year from agric exports, Minister of Agriculture and Rural...

Buhari Is Improving Nigeria’s Economy, Crashing Prices Of Food – Lai...

The President Muhammadu Buhari-led Federal Government has assured that as Nigeria’s economy continues to improve, prices of food items will soon “tumble.” Minister of Information...

Investors Gain N3.4trn From Stock Market In 10 Months

Equities trading activities on the floor of the Nigerian Stock Exchange (NSE) finished the 10 months of the year on the positive trajectory with...

AfDB Denies Writing Off Nigeria’s $600m Loans

The African Development Bank has denied as untrue reports that it called off loans it granted to Nigeria. The AfBD had in November, 2016, approved...

CBN Releases Fresh $195m Into FX Market

The Central Bank of Nigeria (CBN) on Monday, injected the sum of $195million into the inter-bank Foreign Exchange Market. Details of the new release showed...

NEC Targets Higher Foreign Earnings Through SMEs

The National Economic Council (NEC) committee on Export Promotion has revealed that through improving Small and Medium Scale Enterprises (SMEs) in agriculture, it intends...

IMF Seeks Tax Policy Changes For Nigeria

•Explains why country keeps borrowing •Advises CBN to deepen forex market Nigeria needs a new policy on taxation in view of its very low level of...

IMF Borrowed From Nigeria In 1974 — Former Finance Minister

Minis- ter of Finance in the Second Republic, Alhaji Abubakar Alhaji, said yesterday the International Monetary Fund, IMF, borrowed money from Nigeria in 1974. Alhaji,...