Economy
CBN pumps another $262.5m into forex market
The Central Bank of Nigeria (CBN) on Friday intervened in the inter-bank Foreign Exchange Market with 262.5 million dollars. Data...
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FG woos Japanese investors
The Minister of Finance, Mrs Kemi Adeosun yesterday described Nigeria as an investment haven with very high returns. Speaking while...
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World Bank predicts 2.5% growth for Nigeria in 2018
The World Bank forecasts that Nigeria’s economic growth will edge up to at least 2.5 per cent this year, as...
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Nigeria’s External Reserves hit $40.4 Billion, as CBN injects $210 m into interbank market
As projected by the Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele at the Annual Bankers’ Dinner of the...
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PMI hits one-year high at 59.3 points – CBN
The Central Bank of Nigeria (CBN) Purchasing Managers’ Index (PMI) increased to 59.3 index points in December, the highest in...
Read moreOver N17trn budget, rise in reserves top 2018 outlook
As part of efforts to grow the economy, over N17 trillion budget expected to create better life for Nigerians, will...
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IMF scores Nigeria low on economy
DESPITE the fact that Nigeria’s economy was reported to have exited recession, the recent report by the International Monetary Fund...
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Naira to remain steady amid slow holiday trading
The naira is expected to be stable in the week ahead, supported by the Central Bank of Nigeria’s regular interventions...
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Foreign debt servicing gulp $197.29m in Q3 – DMO
Nigeria spent a total of $197.29m to service foreign debts in the third quarter of 2017, the Debt Management Office...
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Recession downgrades Nigerian banks, eurobond in 2017
In less than a week, this year will recede into history! However, Nigerians may not forget in a hurry, its...
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