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Economy

New CBN Governor Godwin Emefiele Assumes Office Today

Godwin Emefiele assumes office today as the Central Bank of Nigeria, CBN, Governor after the expiration of the tenure of Lamido Sanusi on May...

Akwa Ibom, Rivers, Delta Among Top 10 Federation Account Allocations In 2013

The Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, has revealed that the top 10 recipients of Federation Account allocation...

No Missing Billions At NNPC: Senate Clears Alison-Madueke, NNPC Over Sanusi Allegations

Nigeria's Senate Committee on Finance chaired by Senator Ahmed Mohammed Makarfi has submitted its report on the allegations of missing funds made by suspended...

Confab Delegates Vote To Enlist Churches, Mosques Into Tax Scheme

Delegates at the on- going National Conference yesterday voted to enlist churches, mosques and religious organizations into the tax. The delegates in their deliberation on...

Nigerians To Pay Marginal Increase In Fixed Electricity Bill – NERC

Nigerian's electricity regulatory body, Nigerian Electricity Regulatory Commission (NERC) has conducted the 2014 bi-annual review of the Multi Year Tariff Order (MYTO) and revealed...

CBN Grants 20 Banks N228.2 Billion For Agricultural Projects

Twenty banks have benefited from the Central Bank of Nigeria (CBN) Commercial Agriculture Credit scheme worth N228.2bn. The banks are : UBA, Zenith Bank, First Bank,...

FG Allocates N968 Billion To Fight Boko Haram

The Federal Government is to spend N968 billion or one qauarter of its 2014 budget, estimated at N4.964 trillion to fight against the Boko...

President Jonathan Signs 2014 Budget, Hands Over To Okonjo-Iweala

President Goodluck Jonathan today, May 25, 2014  formally handed over the 2014 Budget to Ngozi Okonjo-Iweala, Co-ordinating Minister for the Economy and Minister of...

Nigeria Is Top Investment Destination For American Investors – US

The United States secretary of commerce, Ms. Penny Pritzker, has said that Nigeria now tops the list of the investment destination for American investors...

Alison-Madueke, NNPC File Fresh Suit Against National Assembly

The Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, yesterday, May 22,, 2014 instituted a fresh legal action against the two chambers of the National...

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