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Economy

News and analysis on growth, inflation, employment, trade, public finance and the policies shaping economic life.

Economy

‘Cost Of Managing The Naira Drops To N35 Billion’ – CBN Governor Sanusi

Wires | The Trent -
NAN - The Governor of the Central Bank of Nigeria (CBN), Malam Lamido Sanusi, on Wednesday in Lagos said the cost of managing the...
Economy

Cashless Policy To Commence Nationwide 1st July

ThisDay -
The Bankers’ Committee Tuesday January 11th, resolved to extend the cashless policy to all states in the country from July 1, 2014. Speaking to journalists...
Economy

Kerosene Subsidy: NNPC Insists Presidential Order Was Reversed

ThisDay -
The Nigerian National Petroleum Corporation (NNPC) has absolved itself of blame for flouting any presidential directive to discontinue the subsidy on kerosene as alleged...
Economy

CBN Releases New Guidelines For Mortgage Refinance Firms

Vanguard -
Central Bank of Nigeria (CBN) has paved the way for full take off of mortgage refinancing in the country with the release of regulatory and supervisory...
Economy

High Recurrent Vote In 2014 Budget: Okonjo-Iweala Replies Critics

Vanguard -
Minister of Finance and the Coordinating Minister for the Economy, Dr. Ngozi Okonjo-Iweala, yesterday tackled critics of the 2014 budget, saying that the high recurrent...
Economy

‘You haven’t accounted for $20bn’ – Sanusi Attacks NNPC Again, Says Kerosene Subsidy Is A Scam

Vanguard -
ABUJA—Central Bank Governor, Sanusi Lamido Sanusi, yesterday, told the Senate Committee on Finance that of the $67 billion crude oil sales that was supposed to be remitted to...
Economy

New Figure: CBN Governor Says NNPC Has Not Remitted $20 Billion In Oil Sales (DETAILS)

Daily Sun -
The Central Bank of Nigeria (CBN) and the Nigerian National Petroleum Corporation (NNPC) are into fresh war of words yesterday over the status of...
Economy

House Of Reps Seeks Further Clarification From Okonjo-Iweala On 50 Questions

ThisDay -
The House of Representatives Committee on Finance remains on a collision course with the Coordinating Minister for the Economy (CME) and Minister of Finance,...
Economy

Nigeria Offers $2m To Support Post-Conflict African Countries

Wires | The Trent -
NAN - Nigeria will provide two million dollars to support reconstruction and development in African countries emerging from conflicts,  Dr Nurudeen Mohammed, the Minister...
Economy

REVEALED: This Is The Single Biggest Threat To Health And Happiness

HuffPost -
As the World Economic Forum opens this year's session in Davos, Switzerland -- bringing together world leaders to discuss the state of the global...
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