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Nigeria may slide into another recession, Emefiele warns

.  By Stanley Sunday The governor of Central Bank of Nigeria, (CBN) Godwin Emefiele, has warned that if the country does not tackle the high rate of unemployment, another recession

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Nigerian govt says 2019 polls didn’t affect economic stability

.  By Nasir Kura  The Federal Executive Council (FEC) said Monday that it was excited that the conduct of the 2019 elections did not affect the nation’s economic stability as

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Nigerian govt okays 0.2% new AU import levy

. By Nasir Kura  The Federal Executive Council (FEC) on Monday approved approved the introduction of new import levy of 0.2 percent in order to help the country sustain its

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Nigeria’s GDP growth drops to 2.01% in Q1 2019

.  By Stanley Sunday The National Bureau Statistics (NBS) has announced that the nation’s economy expanded more slowly in the first quarter of 2019 than it did in the fourth

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Buhari sacks FAAN boss, Dunoma, appoints Yadudu

. By Stanley Sunday President Muhammadu Buhari has sacked the Managing Director of the Federal Airports Authority of Nigeria (FAAN), Saleh Dunoma. In his place, the President approved the appointment

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Northern governors to build 4,000MW renewable energy plant

. By Ahmed Idris The 19 Northern states are set to establish 4,000MW renewable energy plant to ease energy challenge and boost businesses in the region. Borno state governor and

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Senate gives Emefiele, CBN kudos at screening

. By Mohammed Hassan  The Senate Committee on Banking, Insurance and Other Financial Institutions has lauded the Central Bank of Nigeria (CBN) and its Governor, Godwin Emefiele, for contributing immensely

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Nigerian govt approves $1bn for Gurara Hydro Power Project II

. By Nasir Kura  The Federal Executive Council (FEC) Wednesday approved the financing of the Gurara Hydro Power Project II by the Forum on China-Africa Cooperation (FOCAC) at $1 billion,

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Inter-bank forex market gets $210m boost from CBN

. By Mohammed Hassan  In continuation of its mediation in the inter-bank foreign exchange market, the Central Bank of Nigeria (CBN) on Wednesday, April 24, 2019, intervened with the sum

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Buhari, Qatar Emir hold talks on investment, Lake Chad recharge

. By Nasir Kura  Investments in sectors like petroleum, power, aviation, agriculture, railways, and many others, featured prominently as President Muhammadu Buhari hosted the Emir of Qatar, His Highness Sheikh

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