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Report: Over 70% of rice in Nigerian markets are foreign

Despite concrete and visible interventions of the Central Bank of Nigeria (CBN) via the Anchors Borrowers Programme (ABP) on the rice sub-sector of the Nigerian economy, over 70 per cent of rice in Nigeria markets are foreign or imported.

Monetary policy c’ttee will review interest rate – CBN chief Godwin Emefiele

With a few weeks to the next meeting of the Monetary Policy Committee (MPC), the last for the year, governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said there is a high possibility that a downward review of interest rates will be considered in view of declining inflation trend in the economy.

Policy options for sustaining Nigeria’s economic upturn

Plummeting stock market indicators, sustained net capital outflows and poor doing business indicators all characterized our economy when I gave my speech last year.

Recent Stories

Gombe assets recovery committee invites former Governor Dankwambo, aides

The Gombe State Recovery Committee has urged the immediate past governor of the state, Ibrahim Dankwambo, and his aides to appear before it.
Sudanese President Omar al-Bashir

Sudan’s Omar Bashir to appear in court on graft charge

Ousted Sudanese leader Omar al-Bashir is to appear in court next week to face charges of corruption and illegal possession of foreign currency, the acting prosecutor general announced on Saturday.
One of the five new banks licensed by the Central Bank of Nigeria (CBN), Titan Trust Bank Limited is set for entry into the Nigerian banking industry in a matter of weeks.

Titan Trust Bank sets for retail banking in Nigeria

One of the five new banks licensed by the Central Bank of Nigeria (CBN), Titan Trust Bank Limited is set for entry into the Nigerian banking industry in a matter of weeks.
President Buhari receives in audience New Entrant into APC Former Deputy National Chairman of PDP Senator Babayo Garba Gamawa and Hon. Kaulaha Aliyu alongside Bauchi State Governor in State House on 8th Jan 2019-2

President Buhari mourns passing of Senator Gawama

President Muhammadu Buhari has expressed sadness over the death of Senator Babayo Garba Gamawa, describing the late lawmaker as having been “an invaluable and immeasurable asset”.

Consulate to protest continued killing of Nigerians in South Africa

The Consul-General of the Nigerian Consulate in Johannesburg, Mr Godwin Adama, says the mission is to protest killings and high-handedness of the South African police against Nigerians.