ECONOMY

Dr Hassan Mahmud, Director, Monetary Policy Department of the Central Bank of Nigeria, CBN, said there were positive sides to Nigeria’s economic growth, despite uncertainties in the domestic and global economy.…

The country’s external reserves returned to a growth path with a gain of $280m in two weeks, according to the latest figures from the Central Bank of Nigeria. Released figures from CBN on Sunday revealed that the reserves rose…

THE Senate Committee on Trade, Industry and Investment has pledged to ensure that the Central Bank of Nigeria grants the permit for the establishment of offshore banks for free trade zone operators and businesses. The Committee…

The Minister of Agriculture and Rural Development, Alhaji Muhammad Nanono, has inaugurated a Cassava Plant at Afam in Oyigbo Local Government Area of Rivers. Mr Ezeaja Ikemefuna, the Chief Information Officer in the ministry,…

The Debt Management Office (DMO) on behalf of the Federal Government has announced the offer of N150 billion bonds for subscription by auction for the month of May. A breakdown of the bonds shows that a 10-year reopening bond is to…

The Nigerian National Petroleum Corporation (NNPC) sold crude oil worth N267.59 billion in February, while its total daily production stood at 1.42 million barrels per day in the first quarter of 2021, a document presented to the…

Emefiele provided a progress report of the CBN’s intervention activities at the end of the two-day meeting of the monetary policy committee (MPC). He said a total of 548,109 farmers cultivating 703,619 hectares of land between Q4 2020 and…

A bill for the establishment of Araromi Front Sea Port in Ilaje Local Government Area of Ondo State has passed through the first reading at Senate plenary. “Araromi Sea Front Port, Ondo State (Establishment) Bill,…