archiveSeptember 2020

  The Nigerian Bureau of Statistics (NBS) has said  that agricultural exports out of Nigeria dropped by 38.2 per cent in the second quarter (Q2) of this year, compared to the first quarter  (Q1) but rose by 6.3 per cent year-on-year while goods imported to Nigeria rose in value by...

The Director-General of the Debt Management Office (DMO), Mrs Patience Oniha has revealed that Nigerian government’s borrowings derive from perennial budget deficits, stressing that the country’s economic crisis had made borrowing unavoidable. Oniha noted that even the governments of advanced economies borrow, adding that appropriate deployment of the borrowed fund...

The Nigerian Stock Exchange’s (NSE) key market indices on Wednesday appreciated further by 0.18 per cent due to sustained bargain hunting. Consequently, the NSE All-Share Index rose by 46.05 points or 0.18 per cent to close at 25,460.00 compared with 25,413.95 recorded on Tuesday. Accordingly, Month-to-Date gain increased to 0.5...

 Joe Biden’s U.S. presidential campaign and the Democratic Party $364.5 in donations in August, breaking a U.S. record for a single month haul. This is coming as the November election nears and spending on advertising is likely to rise. Biden’s campaign said, on Wednesday, that 57 per cent of the money...

The Chief Judge of Enugu State, Justice Priscilla Ngozi Emehelu, has assured the Economic and Financial Crimes Commission (EFCC) of the unalloyed support and partnership of the Enugu State Judiciary in its fight against economic and financial crimes. She gave the assurance on Tuesday, September 2, 2020 while receiving a...

...as she meets with market women, women leaders from LGs, LCDA Wife of the Oyo State Governor, Engineer Tamunominini Olufunke Makinde, has declared that the state is set to roll out a programme to empower women across the 33 local governments and 35 Local Council Development Areas in the state....

The implementation of effective fiscal and monetary policy measures is critical towards addressing the unexpected impact of the Covid-19 pandemic on the Financial System. The Managing Director/Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), Umaru Ibrahim stated this in a speech delivered on his behalf by Mr. Galadima Y....

The Maiduguri zonal office of the Economic and Financial Crimes Commission (EFCC) on Tuesday, September 1, 2020, re-arraigned the Chief Executive Officer( CEO) of Complete Care and Aid Foundation, Aisha Alkali Wakil, popularly known as Mama Boko Haram, before Justice Aisha Kumaliya of the Borno State High Court, Maiduguri, on...

The Nigeria Labour Congress (NLC) has rejected the increase in Premium Motor Spirit (PMS), also known as petrol from N148. 50 per liter to N151.56 per litre. Mr Ayuba Wabba, NLC President told the News Agency of Nigeria (NAN), while reacting to the increase in the price of petrol on...

 The Association of Bureau de Change Operators of Nigeria (ABCON) has warned its members not to sell foreign exchange to unauthorised buyers to avoid sanctions on the body as they resume sales. The association’s President, Alhaji Aminu Gwadabe, gave the warning on Wednesday, during a webinar with the topic: “Resumption...