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Economy

It’s always about the economy, stupid…

Business

CBN Stipulates N2 Billion Share Capital For Money Transfer Operations

Goldmay Daniel | Staff Reporter -
As part of the efforts of the new Central Bank of Nigeria (CBN) governor, Mr Godwin Emefiele to enhance banking regulations; the CBN has...
Business

New CBN Governor Emefiele Abolishes Charges On Bank Deposits

Goldmay Daniel | Staff Reporter -
The Central Bank Governor (CBN), Mr Godwin Emefiele, on Thursday, June 5, 2014 unveiled his agenda for the apex financial organization, announced that all...
Economy

President Jonathan Presents N322 Billion NDDC Budget Proposal To Senate

Vanguard -
ABUJA — President Goodluck Jonathan, yesterday, presented a budget proposal of N322.6 billion for the Niger Delta Development Commission, NDDC, for the 2014 fiscal...
Economy

Federal Executive Council Approves $242.3 Million For Lagos State Projects

ThisDay -
Sequel to a memo brought before it by the Coordinating Minister for Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, seeking approval to obtain...
Business

Nigeria No Longer Has Tangible Trade In Crude Oil With US – Alison-Madueke

ThisDay -
The Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, has stated that Nigeria no longer has any tangible trade in crude oil with the United...
Economy

Confab Agrees On 3-Year Exit Plan On Subsidy Removal

Goldmay Daniel | Staff Reporter -
The controversy that trailed the motion for the removal of fuel subsidy at the on-going national conference has finally rested after members through a...
Business

Federal Gov’t To Invest $3 Billion In Power Transmission Expansion

Vanguard -
The Chairman, Presidential Task Force on Power, Mr. Beks Dagogo-Jack, on Tuesday, June 3, 2014 said the Federal Government had sourced $3 billion to invest...
Economy

How Senate Committee Came Up With Findings For $49.8 Billion Allegedly Missing From NNPC

Vanguard -
WHEN the letter he had earlier secretly written to President Goodluck Jonathan in December 2013, intimating the president of the sum of $49.8 billion...
Economy

We Demand Full Investigation Into Billions Spent On North-East – NLC

ThisDay -
The Nigeria Labour Congress (NLC) yesterday called on President Goodluck Jonathan to carry out a full investigation into the activities and challenges of Nigeria’s...
Economy

House Of Reps Questions $500 Million Chinese Airport Loan

Joy Abobi | News Reporter -
Federal House of Representative on Monday, June 2, 2014 questioned the Aviation Ministry over the appropriateness of securing $500 million Chinese Airport loan intended for the...
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