Okonkwo knocks CBN, says forex management unsuccessful without economic stability
Labour Party (LP) chieftain, Kenneth Okonkwo, has criticised the Central Bank of Nigeria (CBN) over the management of the foreign…
Private sector, economists lament interest rate hike, predict dire economic implications
The Monetary Policy Committee of the Central Bank of Nigeria has voted to increase the benchmark interest rate by 400…
Again, Presidency attacks Atiku over criticism of economy
Abuja—The Presidency last night lampooned former Vice President and Presidential candidate of the Peoples Democratic Party, PDP, in the February…
Just In: Senate summons CBN gov on state of economy, naira free fall
Abuja—The Senate, on Wednesday, through its Committee on Banking, Insurance and other Financial Institutions, summoned the Governor of Central Bank…
Emefiele pumped N10tn into economy through quasi-fiscal activities—Cardoso
Lagos—The Governor of the Central Bank of Nigeria, Dr Olayemi Cardoso, has said that the apex bank will be asking…
CBN will spend $3bn loan to stabilise economy—NEC
Abuja—The National Economic Council on Thursday affirmed that the $3bn emergency loan-for-crude oil the Federal Government secured in August would…
It’ll hurt our economy, MP condemns UK’s ban on families of foreign students
London—A member of the United Kingdom parliament, Carol Monaghan, has condemned the UK’s new immigration policy, which banned international students…
Subsidy palliative: FG to pay N5,000 to 10m households for 6 months
Abuja—The federal government will pay N5,000 to 10 million households for six months as palliative for removing petrol subsidy after June.…
Lagos, Ondo, Bayelsa lead states in rising inflation—NBS
Abuja—Ondo, Bayelsa and Lagos states recorded the highest rate of inflation in March 2023, Punch reports. This was according to…
Buhari deserves commendation for diversifying from oil, says Adesina
Abuja—The Special Adviser on Media and Publicity to President Muhammadu Buhari, Femi Adesina, has disclosed that Buhari deserves commendation from…
