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Economy
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FG, UN sign 5year sustainable dev’t cooperation framework
The Federal Government has inaugurated a Steering Committee for the implementation of the United Nations (UN) Sustainable Development…
Nigeria to earn N18bn from silos concession, says Minister
The Minister of Agriculture and Rural Development, Dr Mohammad Abubakar, says the Nigerian Government will earn about N18…
National welding policy’ll facilitate ship building, industrialisation
The Minister of Science, Technology and Innovation (STI), Dr Adeleke Mamora, said the National Policy on Welding approved…
Nigeria earns $4.9bn from CBN RT200 FX programme
The Central Bank of Nigeria (CBN), yesterday said about $4.987 billion have so far been repatriated into the…
NDIC links rising incidence of Ponzi schemes to economic hardship
By Clara Nwachukwu The Nigeria Deposit Insurance Corporation (NDIC), has attributed the rising incidence of Ponzi schemes to…
Nigeria’s GDP growth slows to 2.25% in Q3, 2022
Nigeria’s Gross Domestic Product (GDP) slowed to 2.25% year-on-year (y/y) in real terms in the third quarter (Q3)…
FG targets 95% financial inclusion by 2024
The Central Bank of Nigeria (CBN) said yesterday it is targeting up to 95% financial inclusion by 2024,…
BPP reviews standard bidding, contract documents to enhance transparency
The Bureau of Public Procurement (BPP), yesterday said it has reviewed its standard bidding and contract documents to…
FG unveils new naira notes to control money in circulation
Nigeria’s President Muhammadu Buhari today unveiled the re-designed naira notes as proposed by the Central Bank of Nigeria…
CBN hikes interest rate again to 16.5%
In efforts to curb rising inflation and relieve pressure on the naira, the Central Bank of Nigeria (CBN)…