Economy

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Why Nigerian SMEs don’t survive operation, by Tony Elumelu

Mr. Tony Elumelu, the Chairman, Heirs Holdings, on Thursday, blamed multiple taxes and levies from government for the death of about 95 per cent...

‘Why Reps approved Buhari’s $5.5bn foreign loan request’

The House of Representatives on Thursday said it approved the $5.5 billion loan request from the executive because President Muhammadu Buhari is trustworthy and...

Emefiele sees 7 pct increase in external reserve 2018, to hit...

As the external reserves inched up to $34.3 billion last week, the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has...

Nigeria Senate approves $5.5 billion foreign loan request

Nigeria will move ahead with plans to borrow $5.5 billion from foreign investors after the Senate on Tuesday approved President Muhammadu Buhari request for...
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U.S. crude oil exports to Asia soar, complicating OPEC’s efforts: Russell

U.S. crude oil is flooding into Asia, and may continue to do so as the arbitrage window that was initially created by Hurricane Harvey...

Inflation: FSDH forecast marginal decline to 15.91 for October

Research analysts at FSDH Merchant Bank Limited have forecasted a marginal decline in the headline inflation rate for the month of October 2017 to...

South Africa has little space for monetary policy to support expansion

South Africa has limited space for counter-cyclical monetary policy to support economic expansion because inflation risks have increased, central bank Governor Lesetja Kganyago said. The...

Percentage of Nigerians that don’t have access to financial services will...

The Nigeria Deposit Insurance Corporation (NDIC) on Thursday expressed commitment to reduce the percentage of Nigerians that do not have access to financial services...

FG’s ultimatum to tax evaders remain inviolable

The Federal Government has dashed the hopes of many individuals and organisations hoping for possible extension of the enforcement of the Voluntary Assets and...

CBN’s intervention programmes create 7 million jobs

The Central Bank of Nigeria (CBN), has scored itself high in promoting inclusive growth and sustainable development as its intervention programmes have created over...

Over $16 billion spent financing Nigerian projects – Afreximbank

The Africa Export/Import Bank (Afreximbank), on Wednesday, revealed it has so far spent over $16 billion in financing various projects in Nigeria since its...

‘IOSCO says report on implementation of G20 recommendations to strengthen securities...

The Board of the International Organization of Securities Commissions (IOSCO) has published a report on the implementation of the G20/FSB post-crisis recommendations, saying the...

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