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Senate backs Emefiele, says CBN policies in Nigeria’s interest

    Senate backs Emefiele, says CBN policies in Nigeria’s interest

The senate has expressed support for the monetary policies of the central Bank of Nigeria, saying they are geared towards diversifying the nation’s economy, stimulating local production of commodities and

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Soon, you will be able to obtain bank loans by depositing bags of rice – or beans – as collateral!

    Soon, you will be able to obtain bank loans by depositing bags of rice – or beans – as collateral!

In 2016, Nigerians will be able to take bank loans using their reputation, generators, deep freezers, school certificates, farm produce such as rice and beans, and many unconventional properties, the

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From 292/$, naira slides further to trade at 297

    From 292/$, naira slides further to trade at 297

The naira depreciated further at the parallel market on Monday, amid growing shortage of the currency. The Nigerian currency lost N5 to exchange at N297 to the dollar, representing a

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Inflation defies CBN, rises to three-year high

    Inflation defies CBN, rises to three-year high

Nigeria’s consumer price index, which measures inflation, rose to its highest since December 2012, at 9.55 percent year-on-year against predictions by the Central Bank of Nigeria. The Apex bank had

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NSE loses N1.2tr in 8 trading days

  NSE loses N1.2tr in 8 trading days

It is 2016, Nigeria’s promised year of hope, but capital flight is still its ever-present self, with the Nigerian Stock

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Naira trades at N285/dollar

  Naira trades at N285/dollar

The naira on Tuesday depreciated by 2.51 per cent to exchange at N285 to the dollar at the Bureau De

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Naira at 43-year low after CBN’s BDC forex ban

  Naira at 43-year low after CBN’s BDC forex ban

The naira fell to a record low of 282 against the dollar on the parallel market on Monday, immediately after

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CBN bans sale of forex to BDCs, but lifts ban on cash deposits into dom accounts

  CBN bans sale of forex to BDCs, but lifts ban on cash deposits into dom accounts

Godwin Emefiele, governor of the central bank of Nigeria (CBN), says the apex bank will no longer sell foreign exchange

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Dangote: No more importation of petrol once my refinery is ready

  Dangote: No more importation of petrol once my refinery is ready

Aliko Dangote, president of Dangote Group, has assured Nigerians that when his refinery is ready, the country would no longer

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Bakare tells governors: Don’t provoke ‘poorly paid’ workers by reducing minimum wage

  Bakare tells governors: Don’t provoke ‘poorly paid’ workers by reducing minimum wage

Tunde Bakare, the serving overseer of Latter Rain Assembly, has warned governors not to “provoke the rage” of poorly paid

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