archiveSeptember 3, 2016

The Emir of Kano, Muhammadu Sanusi II and the former Governor of the Central Bank of Nigeria (CBN) spoke on the nation’s economic recession and the way out at the 15th meeting of the Joint Planning Board and National Council on Development Planning. The paper is titled “Nigeria in Search...

Monday, September 12, has been declared Eid-El-Kabir Day, 1437 AH. The announcement followed the declaration of Saturday, September 3, as the 1st of Zulhijja, 1437 AH. The Sultan of Sokoto, Sa’ad Abubakar III, made declaration today  in a press statement signed by Sambo Junaidu, Chairman, Advisory Committee on Religious Affairs,...

Some group of experts at Moody’s disclosed that the country inflation rate is expected to close the year at 18 per cent. Presently, The National Bureau of Statistics (NBS) for the month of July said inflation rate increased from 16.5 per cent in June to 17.2 per cent in July....

It’s no longer news that Nigeria is fully in economic recession. The situation that is been described as the lowest economic performance in about 25 years with over four million jobs lost in one year. Experts who spoke to Business247 News Online have also said that it may take about...

A turnover of 1.115 billion shares worth N13.817 billion in 16,083 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 1.124 billion shares valued at N13.839 billion that exchanged hands last week in 15,625 deals. The NSE All-Share Index and...

Fitch Ratings has affirmed Lagos State's Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) at 'B+' with Stable Outlook and Short-Term Foreign Currency IDR at 'B'. According to the rating released on Friday, September 2nd, 2016, the National Long-Term Rating has also been affirmed 'AA+ (nga)', with Stable Outlook....