Nigeria investment inflow drops to nine-year low –NBS
The National Bureau of Statistics’ (NBS) capital importation report for first quarter of 2016, released on Wednesday, has revealed that the country recorded...
FG plans to execute 34 human development programmes
The Federal Government plans to execute 34 priority programmes as part of its strategic implementation plan of the 2016 budget, Minister of State for...
Nigeria records 1.2m ton deficit of poultry production
Nigeria has recorded a deficit of 1.2 million metric tons of poultry as local production is put at 350,000 tons annually.
It was learnt that...
Nigerians, other expatriates remit $861bn in two years – World Bank
Nigerians and some expatriates from other countries have remitted $861.6billion in the last two years, the 2016 World Bank Factbook has revealed.
The bank said...
IMF calls for greater regulation of insurance companies
International Monetary Fund (IMF) is urging greater regulation on insurance companies, arguing that carriers pose a greater risk to the global financial system now...
Nigeria remains difficult country for doing business —World Bank
The World Bank Group’s ‘Doing Business Report’ for 2016 released today has disclosed that it is difficult to do business in Nigeria now than...
Nigeria set for exploratory oil drilling in Chad Basin – Kachikwu
Nigeria will soon begin exploratory drilling in search of oil in the north eastern Chad Basin region by October, the Minister of State for...
Account Maintenance Fee: Zenith, FBN Holdings, five others generate N13bn in three months
As Central Bank of Nigeria (CBN) has indirectly reintroduced Commission on Turnover (CoT) fee as Current Account Maintenance (CAM) Fee, seven Deposit Money Banks...
OPEC oil output rises
The Organization of Petroleum Exporting Countries (OPEC) increased production by 484,000 barrels to 33.217 million daily in April.
This is the highest since 1989 going...
CFAO Yamaha assembly plant set for grand opening
All arrangements have been concluded for the grand opening of motorcycle assembly plant and modern showroom of CFAO Yamaha Motor Nigeria Limited come 13th...
