Economy
CBN stops forex for fertiliser importation
The Central Bank of Nigeria has included fertiliser on the list of 41 import items classified as ‘not valid for...
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Appeal Court nullifies jail sentence on Shell MD, others
The Court of Appeal sitting in Port Harcourt has set aside the three-month sentence imposed on the Managing Director of...
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Inclusion of Some Imported Goods and Services on the List of Items “Not Valid for Foreign Exchange” in the Nigerian Foreign Exchange Market
In the continued effort to sustain the achievement recorded from the classification of 41 import items as "Not Valid for...
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Firstbank Restates Commitment to SMEs, Agric Sector Growth
By NAN (Oluwafunke Ishola) First Bank of Nigeria Limited has expressed its commitment to the growth of the agricultural value...
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Nigeria’s inflation rate’ll rise to 11.4%, says CBN
Nigeria’s inflation rate is expected to rise to about 11.4 per cent for the rest of this year till mid-2019,...
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We remitted N30.4bn operating surplus to FG –NPA
The management of the Nigerian Ports Authority has said that it has already remitted the sum of N30.4bn representing 80...
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Debt: FG cuts Treasury bills issuance by N1.27tn
As part of efforts to manage its debt profile, the Federal Government reduced the total Nigerian Treasury bills issued and...
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Forex: CBN injects $210 million in Wholesale segment, others
ABUJA – The Central Bank of Nigeria (CBN) on Tuesday, November 27, 2018, intervened in the wholesale segment of the...
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Fresh trouble for Nigeria as oil price plunges
The international oil benchmark, Brent crude, has fallen to its lowest level this year and below the proposed benchmark for...
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2019 elections: CBN to monitor banks’ lending to politicians
The Central Bank of Nigeria on Thursday said it would monitor the rate at which banks provide loans to politicians...
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