Category: Economy

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We Didn’t Demolish Ikoyi Property Of Arumemi-Johnsons Over N397bn Debt- AMCON

We Didn’t Demolish Ikoyi Property Of Arumemi-Johnsons Over N397bn Debt- AMCON

The Asset Management Corporation of Nigeria (AMCON), on Monday, denied a newspaper report at the weekend alleging that it was responsible for the Jun...
AfDB Sets Four Weeks For Independent Review Of Whistle-Blowing Policy

AfDB Sets Four Weeks For Independent Review Of Whistle-Blowing Policy

The African Development Bank Group (AfDB), on Monday, said that considering its electoral calendar into account, the proposed Independent comprehensi...
FG Unveils Group To Draft Roadmap On National Savings Scheme

FG Unveils Group To Draft Roadmap On National Savings Scheme

Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, at the weekend in Abuja, inaugurated the National Savings Strategy Working Grou...
CBN To Consider Ethical Borrowers In N3.5tr Intervention Funds

CBN To Consider Ethical Borrowers In N3.5tr Intervention Funds

Targets N432bn For Rice, Cotton Farmers, Others The Central Bank of Nigeria (CBN), on Thursday said a framework is the works to integrate non-inte...
AMCON Takes Over Abuja Properties Of Doggi Group Over N440m Debt

AMCON Takes Over Abuja Properties Of Doggi Group Over N440m Debt

As part of efforts to recover the over N5tr debt owed the nation by a few, the Asset Management Corporation of Nigeria (AMCON), on Thursday said it h...
At 12.4%, Nigeria’s Inflation Rises For 9th Straight Month In May

At 12.4%, Nigeria’s Inflation Rises For 9th Straight Month In May

The National Bureau of Statistics (NBS), on Wednesday, released Nigeria’s Consumer Price Index (CPI) showing that inflation for the month of May inch...
Power Sector Probe: TCN Management Appears Before Senate Committee

Power Sector Probe: TCN Management Appears Before Senate Committee

The Senate Committee on Power, on Tuesday, began the Stakeholders Investigative Public Hearing on a motion titled "Power Sector Recovery Plan And the...
FMDQ Exchange Seeks Solution To FX Volatility, Hosts Webinar

FMDQ Exchange Seeks Solution To FX Volatility, Hosts Webinar

The Coronavirus pandemic (COVID-19) impacting governments, communities, and families, just as the global economy, bringing about unprecedented market...
Senate Begins Probe Of 2013 Power Sector Privatisation, N1.8tr FG Grant

Senate Begins Probe Of 2013 Power Sector Privatisation, N1.8tr FG Grant

President of the Senate, Ahmad Lawan on Monday charged the Senate Committee on Power to look at what has happened to the agreement signed in 2013 on ...
Opinion: How Banking Supervisors Should Respond Amidst COVID-19

Opinion: How Banking Supervisors Should Respond Amidst COVID-19

By Tobias Adrian and Ceyla Pazarbasioglu The massive macro-financial shock caused by the pandemic continues to ravage the global economy and has p...
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