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Nigeria, Germany sign agreements on agriculture, commerce

By Ahmed Idris Nigeria and Germany on Friday signed agreements on agriculture and commerce as part of activities to mark the visit of German Chancellor, Angela Merkel, to Nigeria. The

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Buhari attends China, Africa cooperation meeting, to discuss infrastructure with President Jinping

By Ahmed Idris President Muhammadu Buhari would on Friday depart for China to participate in the 7th Summit of the Forum on China-Africa Cooperation (FOCAC) scheduled to hold from September

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CBN slams heavy sanctions on 4 banks, writes MTN to refund $8 billion

By Nasir Kura  The Central Bank of Nigeria (CBN) said on Wednesday thats it has imposed heavy sanctions totaling N5.87 billion on four banks under its regulatory purview and asked

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CBN uplifts forex market with $210m

By Nasir Kura The Central Bank of Nigeria (CBN) has injected another sum of $210 million into the inter-bank Foreign Exchange Market, in its desire to ensure that forex is

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Nigerians appreciate our social intervention programmes, projects – Buhari

By Ahmed Idris President Muhammadu Buhari said that it is heart-warming that more Nigerians are appreciative of the implementation of policies and projects of the Federal Government aimed at improving

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CBN pumps $543m, CNY 63m into forex market

By Nasir Kura In another major round of interventions, the Central Bank of Nigeria (CBN) on Thursday, August 23 and Friday, August 24, 2018, injected a total sum of $543.22

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CBN unveils guidelines for long-term credit to agric, manufacturing

By Nasir Kura The Central Bank of Nigeria (CBN) has underscored its intention to increase the flow of credit to the real sector of the economy, in order to consolidate

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Buhari signs instrument of accession to 2010 international cocoa agreement

By Ahmed Idris Sequel to the Federal Executive Council (FEC) approval for Nigeria to accede to the International Cocoa Agreement, 2010, President Muhammadu Buhari on Monday signed the Instrument of

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Central Bank of Nigeria Communiqué no 119 of The Monetary Policy Committee meeting of Monday, 23rd and Tuesday, 24th July, 2018

1.0      Background The Monetary Policy Committee (MPC) held its 262nd meeting on Monday, 23rd and Tuesday, 24th July, 2018 amid fragile improvements in global growth and the domestic economic recovery.

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Nigeria, Niger sign $2bn hydrocarbon pipeline, refinery

By Ahmed Idris The Minister of State for Petroleum Resources, Dr Emmanuel Ibe Kachikwu, and the Nigerien Minister of Energy, Mr. Foumakaye Gado on Tuesday signed a memorandum of understanding

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