Lagos State has the highest domestic debt among all 36 states and also has the highest foreign debt as at December 31, 2016, according to the Debt Management Office. The…
Business & Economy
We have enough forex for end users, bank customers – CBN
The Bankers Committee of the Central Bank on Thursday declared that there was sufficient stock of foreign exchange to meet demands of all genuine bank customers in the country. The Director, Banking…
Dangote rolls out Nigeria-assembled trucks, targets 10,000 vehicles
Dangote Sinotruck West Africa Limited on Tuesday rolled out its first set of locally assembled Chinese trucks as it began an eight-hour shift, assembling between four and five trucks per…
Nigeria should be out of recession by third quarter – CBN Governor
The Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele, has expressed strong assurance that, with the various economic policies put in place by the federal government, the country…
Nigeria to be third biggest economy in the world by 2050
Britain has predicted that Nigeria will become the third biggest country in the world, overtaking the United States to join China and India as the three biggest economies of the…
CBN must eliminate multiple exchange rates – Soludo
Former governor of the Central Bank of Nigeria (CBN), Charles Soludo has called on the Federal Government to scrap the multiple exchange rates in the country. Soludo said this in Lagos…