Economy

OGFZA attracts $16.6bn FDI, N255bn local investments into Nigeria’s economy – MD The Oil and Gas Free Trade Zones Authority (OGFZA) says it has attracted $16.6 billion Foreign Direct…

22 ships discharge petroleum products, others at Lagos ports The Nigerian Ports Authority (NPA) said 22 ships were discharging bulk wheat, general cargo, container, bulk salt, butane…

Abuja banks comply with CBN forex directive, sell dollar at N412 In compliance with the new Foreign Exchange (FX) regulation by the Central Bank of Nigeria (CBN), commercial banks in…

Kaduna State Internal Revenue Service seals hotels, hospital over tax liabilities The Kaduna State Internal Revenue Service (KADIRS) on Thursday sealed three hotels and a hospital over…

CBN’s MPC retains MPR at 11.5%, holds other parameters constant The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday retained the Monetary Policy Ratio at…

Corporate Director tasks directors of boards on accountable reporting  Prof. Mervyn King, Chair Emeritus, International Integrated Reporting Council (IIRC), has charged Directors of…

FG ‘ll engage private sector to transform economy – Buhari The Federal Government says it will continue to engage and collaborate with the Nigerian Exchange Group (NGX Group) and the…

Strike: SMEs in Kaduna count losses, urges speedy resolution Operators of Small and Medium Enterprises (SMEs) in Kaduna State have urged the state government to end the current…

Economists evaluate Nigeria-China currency swap Some Financial Economists have expressed great concerns on the minor influence that the Nigeria-China currency swap had  on the country’s…

$540bn remittance flow reaches low-and-middle-income countries in 2020- WB A World Bank report says officially recorded remittance flows to low- and middle-income countries reached 540…