The Central Bank of Nigeria, CBN on Thursday said Nigeria’s foreign reserves fell by $1.26bn from $41.76bn in October 2 to $40.5bn as of the end of October 30.
How Mompha, Associates Laundered N33bn - Magu
The Acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu has disclosed how popular internet celebrity, Ismaila Mustapha also known as Mompha alongside his Lebanese associate, Hamza Koudeih laundered the sum of N33bn gotten from internet fraud.
FG Approves N19.18bn For Clothing Industry
The Federal Government through the Central Bank of Nigeria (CBN) on Tuesday approved N19.18 billion to boost economic activities in the country’s garment and textile industry.
Buhari's Trip To Saudi Arabia Yields Results As Both Countries Establish Nigeria-Saudi Council
President Muhammadu Buhari, on Thursday, accepted an invitation from the Saudi Crown Prince, Mohammed bin Salman, for the establishment of Nigeria-Saudi Council aimed at promoting investments and enhancing relations between both countries.
IPPIS Deadline: No Going Back, Minister To ASUU
The Minister of Finance Budget and National Planning, Mrs Zainab Ahmed has reacted to the threat issued by the Academic Staff Union of the Nigerian University (ASUU) that they will embark on industrial action if the federal government failed to reverse the directive that they must migrate to Integrated Payroll and Personnel Information System (IPPIS).
MTN Nigeria Revenue Jumps By 12% In 9 Months
MTN Nigeria Communications Plc on Wednesday announced revenue of N856.48bn ($2.4bn) for nine months ended Sept. 30, 2019.
Akpabio Speaks On 12,000 Abandoned NDDC Projects
Minister of Niger Delta Affairs, Godswill Akpabio has said 12,000 projects have been abandoned across the nine oil-producing states by the Niger Delta Development Commission (NDDC).
Border Closure Big Blow To Regional Integration – Ghanaian President
President of Ghana, Nana Addo Dankwa Akufo-Addo on Tuesday described the closure of the land border between Nigeria and the Republic of Benin as a big blow to regional integration.
Minimum Wage: Consequential Adjustment Will Be Determined On A State-By-State Basis, Governors Insist
The Nigeria Governors’ Forum (NGF), on Monday, said that the consequential increments in the implementation of the N30,000 Minimum Wage Law would depend on the capacity of each state government, adding that the federal government will not be allowed to dictate for states.
Nigeria’s Economic Growth and Recovery Plan at Risk of Being Underfunded – Minister
The Minister of Finance, Budget and National Planning, Zainab Ahmed, says Nigeria needs a lot of resources to actualise the Economic Growth and Recovery Plan and other development plans which, according to her, are at risk of being underfunded, the daily trust reported.
Buy Made In Nigeria Goods, CBN Begs Nigerians
The Central Bank of Nigeria on Monday called on Nigerians to patronize home-made goods in order to contribute to the growth of the nation’s economy.