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Economy
1085 posts
BOI unveils palliative food programme
The Bank of Industry (BOI) has initiated a significant response to combat the prevailing issue of food insecurity…
CBN successfully clears S7bn valid FX transactions to eliminate legacy backlog
By Tochukwu Bliss, Abuja The Central Bank of Nigeria (CBN) yesterday, said it has successfully settled all valid…
Nigeria’s inflation hits 28-year high at 31.70% in February
By Clara Nwachukwu Nigeria’s galloping inflation, which measures the prices of goods and services, hit an all-time high…
No FX revaluation gains for dividend payment, CBN warns banks
By Stanley Onyeka, Lagos The Central Bank of Nigeria (CBN) yesterday warned commercial banks not to use their…
RMAFC links poor economic growth to high cost of governance
By Tochukwu Bliss, Abuja The Revenue Mobilization Allocation and Fiscal Commission (RMAFC), yesterday, linked Nigeria’s poor economic performance…
NECA, CPPE commend FG for suspending expatriate employment levy
By Stanley Onyeka, Lagos The Nigeria Employers’ Consultative Association (NECA), yesterday, commended the Federal Government for suspending the…
Average cost of healthy diet for Nigerians stood at N858 in January: NBS
The National Average Cost of a Healthy Diet (CoHD) per adult per day was N858 in January 2024,…
CBN reports $1.3b upsurge in remittances
The Central Bank of Nigeria (CBN) has reported a significant increase $1.3 billion in foreign exchange inflow into…
NOTAP tasks inventors on commercialisation of intellectual property
The National Office for Technology Acquisition and Promotion (NOTAP) has urged inventors and researchers to commercialise their intellectual…
IMF seeks urgent solution to food insecurity in Nigeria
By Tochukwu Bliss, Abuja The International Monetary Fund (IMF), has called for urgent and immediate measures to address…