archiveSeptember 5, 2017

Data from the Central Bank of Nigeria’s (CBN) money and credit statistics for July 2017has revealed that currency-in-circulation dropped to N1.769 trillion at the end of July, compared with the N1.873 trillion position it was the previous month, while banks’ reserves increased to N3.446 trillion as at July, from N3.266...

...but recovery weak- Expert The Nigerian Bureau of statistics (NBS) said on Tuesday in its Q2 GDP report that Nigeria’s economy has emerged from recession in the second quarter, expanding 0.55 per cent year-on-year. The country’s economy shrank by 1.5 per cent in 2016 for its first annual contraction in...

The Director General of the Nigerian Tourism Development Corporation (NTDC), Mr. Folarin Coker has said that for international tourism market to grow, Nigeria needs a strong domestic market because domestic tourism is the only form of sustainable tourism. Coker made this remark in his keynote address which had the theme...

*Alongside clinics, initiative to support growth of small business In fulfilment of its mandate to significantly spur Micro, Small and Medium Scale Enterprises (MSMEs) in Nigeria, the Federal Government will be launching one-stop shops across the country to facilitate smoother government regulation and interface between entrepreneurs and agencies like the...

The Federal Inland Revenue Service (FIRS), through tax collections, generated the sum of N2.11 trillion as revenue from January to July, 2017. This is contained in a progress report of the FIRS from January to July, 2017 obtained by the News Agency of Nigeria (NAN), yesterday, showing their revenue performance...

...asks FG to expel AI A pressure group, Coalition For Truth and Justice (CFTJ), on Monday informed Nigerians that Amnesty International had earmarked about N10 billion to settle "dormant terror NGOs and CSOs to champion the breakup of the country. The organisation also alleged that AI had been responsible for...