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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.
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.
Plummeting stock market indicators, sustained net capital outflows and poor doing business indicators all characterized our economy when I gave my speech last year.
The Gombe State Recovery Committee has urged the immediate past governor of the state, Ibrahim Dankwambo, and his aides to appear before it.
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.
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”.
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.
Egypt have announced their final 23-man squad for the Africa Cup of Nations scheduled to commence on June 21.
The newly inaugurated Executive Council of the National Youth Council of Nigeria (NYCN) has congratulated the the President of the 9th Senate Ahmed Lawan on his election.
Mr Abdullahi Gana, Commandant General (CG), Nigeria Security and Civil Defence Corps (NSCDC), has ordered massively deployment of personnel to areas of banditry and cattle rustling in Katsina State.
A former Deputy National Chairman of the People’s Democratic Party (PDP), Babayo Gamawa, has passed away.
Hundreds of thousands have taken to the streets of the Chinese-ruled city in recent days to protest against an extradition bill that would allow people to be sent to the mainland to stand trial.