The naira should be floated to find its exchange rate value on the market if Nigeria’s economy is to become productive, instead of relying on oil revenues, a dependency that has plunged our country and ...
President Muhammadu Buhari on Thursday ordered the Central Bank of Nigeria ”not to issue a kobo” of the country’s reserves for the importation of food items and fertilizer. SEE ALSO: Nigeria stock market opens week ...
The dramatic and inept response of the CBN to issues raised by the NESG is the latest showcase of the dramatic fall in standards at the important but failing institution SEE ALSO: “There will be ...
Chief Executive Officers (CEOs) of three prominent banks have resigned their membership of the Nigerian Economic Summit Group (NESG) board. SEE ALSO: NSE opens week with N3bn growth They resigned on Wednesday in protest against the ...
The People Democratic Party (PDP), National Working Committee (NWC), has urged the Federal Government to allow the private sector to drive the country’s economy. SEE ALSO: MTN Nigeria lifts NSE market indices further by 0.38% ...
The Central Bank of Nigeria (CBN) has reacted to a statement credited to the Nigerian Economic Summit Group (NESG), questioning some measures taken by the apex bank to tackle the adverse effects of the Covid-19 ...
German Economy Minister, Peter Altmaier, has questioned whether imposing sanctions on countries like Russia are effective. SEE ALSO: Nigeria stock market opens week with N8bn loss This is coming as a debate rages over whether ...
Mr Segun Awolowo, the Executive Secretary, Nigeria Export Promotion Council (NEPC), says active implementation of the Zero Oil Plan will boost Nigeria’s foreign exchange earnings in the face of economic contraction caused by COVID-19 pandemic. ...
Heritage Bank Plc says it will support youths entrepreneurs to grow businesses either as start-ups or prospective owners amid the global economic challenge caused by the COVID-19 pandemic. SEE ALSO: Nigeria stock market advances by ...
Brent crude oil prices rose on Wednesday, lifted by U.S. producers shutting most of their offshore output in the Gulf of Mexico ahead of Hurricane Laura and optimism over China-U.S. trade talks. SEE ALSO: Dollar ...