Economy

  By Chioma Iruke Nigeria’s apex bank, the Central Bank of Nigeria (CBN) has decried that the appetite for foreign goods by Nigerians is seriously destroying the Naira. This was disclosed by the Director, Corporate Communications...

  By Chioma Iruke Data obtained from the National Bureau of Statistics (NBS) has shown that Nigeria recorded a trade deficit of N1.87trn in the first half of the year. This figure was contained in the...

By John Ikani  Minister of Transportation, Chibuike Rotimi Amaechi, has inspected the proposed site for construction of the Bonny Deep Seaport. Amaechi made the visit, Friday in the company of the Permanent Secretary, Dr Magdalene Ajani,...

  By Chioma Iruke The Nigerian Government has expressed overwhelming support for an initiative to create Special Agro-industrial Processing Zones (SAPZ). At a high-level briefing session, Minister of Finance, Budget, and National Planning, Dr. Zainab Ahmed,...

By John Ikani The Securities and Exchange Commission (SEC) said it has set up a Fintech division to study cryptocurrency investments and products. The development is a part of efforts geared towards initiating policies that will...

By John Ikani  The Nigerian currency, the Naira recorded slumped to an all time lowest trade as it closed at N530 to USD$1 on Thursday, September 2, 2021. The local unit fast depreciating value has been...