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The Nigerian Stock Exchange (NSE) All-Share Index on Friday rose by 0.90 per cent in spite of rise in inflation rate recorded in December 2019.
The $57 oil benchmark adopted by the Federal Government in the 2020 budget may be unrealistic as the Central Bank of Nigeria (CBN) has called for its downward review.
The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday left the Monetary Policy Rate unchanged at 13.5 per cent.
A new directive by the Central Bank mandates Nigerian banks to give N65 as loans for every N100 they have as deposits.
Financial experts on Monday expressed optimism that retention of the interest rate by the Monetary Policy Committee (MPC) would likely trigger foreign investors’ participation in emerging Nigerian markets.
The Central Bank of Nigeria (CBN) has apologised to bank customers for the inconveniences the reintroduced cashless policy will cause.
Economic experts have lauded the Central Bank of Nigeria (CBN) on its plan to put forex restriction on imported dairy products to the country.
The Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN), in a statement, condemned the CBN’s planned policy restricting allocation of foreign exchange (FOREX) for milk importation into Nigeria.
The Central Bank of Nigeria (CBN) on Tuesday confirmed that its planned policy to restrict allocation of foreign exchange (FOREX) for milk importation and other diary products into the country will soon become effective.
The Central Bank Governor, Mr Godwin Emefiele, who disclosed this while addressing newsmen after the Monetary Policy Committee (MPC) meeting in Abuja on Tuesday said the Federal Government would soon put restrictions on the importation of milk to the country.
The Central Bank of Nigeria has pegged bank deposit placement through its Standing Deposit Facility (SDF) at N2billion, saying that any amount in excess of that will not attract interest payment.
In a bid to further stimulate lending to the economy, the Central Bank of Nigeria, CBN, yesterday, said bank deposit placement through its Standing Deposit Facility, SDF, in excess of N2 billion will not attract interest payment.
The Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele, says he will bring inflation to single digit within the next five years.
Justin Fashanu, Britain's first and only out gay male professional footballer, is to be posthumously inducted into the National Football Museum's Hall of Fame later this week.
Queen Elizabeth II’s nephew David Armstrong-Jones is set to divorce, a spokesman said Monday — the second marriage split in the British royal family announced within a week.
Tomato plants in France’s far-west Finistere region have been contaminated with a destructive virus that can lead to whole crops being wasted, the agriculture ministry said on Monday.
Odion Ighalo has become the first Nigerian to play for Manchester United following his debut against Chelsea.
Musa Muhammadu has emerged the candidate of the All Progressives Congress (APC) for the bye-election into the vacant Babura/Garki Federal Constituency of Jigawa.
World football administrators on Tuesday unveiled plans to help players left in difficulty by clubs who fail to pay their wages.
The Commission of Inquiry set up by Gov. Godwin Obaseki of Edo in 2019 to investigate activities of four tertiary institutions in the state in the last 10 years has submitted part one of its report to the governor.
Pensioners of Nigeria Electricity Power Authority/Power Holding Company of Nigeria (NEPA/PHCN), yesterday, protested non-payment of their over N25 billion benefit arrears since 2012 till date.
The management of First City Monument Bank (FCMB) on Friday announced the award of full scholarship to Fathia Dele Rasheed, a seven- year-old girl spotted using the bank’s ATM gallery light in Ondo State to do her school assignment.
Mr Omoyele Sowore and his co-defendant Olawale Bakare have pleaded not guilty to a two-count amended charge levelled against them.