CBN Gov Godiwn Emefiele

These Are The Eight Advantages of Treasury Single Account (TSA)

The Federal Government officially commenced the operation of a Treasury Single Account on Monday, 17th of September 2015. This effectively moved about N1.2 trillion...

This Is The Full 2015 Nigerian Budget Speech (Updated)

The Budget office finally released the full transcript of the 2015 Budget speech which is much more comprehensive than the one earlier put up...
Nigerian Aviation Unions

FG explains why it plans to demolish and rebuild the MMIA in Lagos

FG has explained the underlining reasons for the planned demolition and rebuilding of the 40-year-old Murtala Muhammed International Airport in Lagos.
President Buhari signs minimum wage bill

President Buhari to review report on N30,000 new minimum wage

Although, it is unsure if President Muhammadu Buhari has signed new minimum wage into law, but he promised to review the submitted report by Rewane's PTAC
Fortune Magaizne Ranks Dangote

Chinese are taking over, as 300 Nigerians get sacked by Dangote Refinery

The Nigerian Merchant Navy Officers and Water Transport Senior Staff Association (NMNOWTSSA) and the Maritime Workers’ Union of Nigeria (MWUN) have disclosed that 300 Nigerians working on the Dangote Refinery have been sacked.

8 Things You Absolutely Need To Know About Okechukwu Enelamah

Okechukwu ‘Okey’ Enelamah emerged as a surprise addition to President Buhari’s list of ministers.  His emergence has sent waves of enthusiasm and a sense of...
Oil Producing states

Why Anambra, Kogi, and Enugu are yet to be recognised as oil-producing states

The @DPRNigeria has ignored calls to recognise Anambra, Enugu, and Kogi states as oil-producing regions in Nigeria, Africa's largest crude oil producer.

FG announces when new minimum wage will commence

The Minister of Labour and Employment, Senator Chris Ngige has brightened the hope of Nigerian workers, as he made known that new national minimum wage will...
Gas cylinders, Ibe Kachikwu

Federal Government to stop ownership of gas cylinders by consumers

By this new policy by @AsoRock, LPG consumers are not longer allowed to own gas cylinder.
Zainab Ahmed, Minister of Finance

FAAC disbursed N660.37bn in February 2019

The Federation Account Allocation Committee (FAAC) disbursed the sum of N660.37bn to the three tiers of government in February 2019.

CBN Just Crashed Interbank Rates To A 3 Year low With This New Rule

Nigeria's interbank lending rates slipped to a three-year low after the central bank announced a restriction on the volume of idle cash that banks...

Difference Between WDAS & RDAS

The Central Bank recently introduced sweeping Foreign Exchange guidelines that is expected to eliminate or drastically reduce money laundering as we approach another election...
China Chamber of Commerce

Nigerian assets that may be taken over by China

In the past three years, Nigeria has gotten over $5 billion loan from the People’s Republic of China.
8 things you don't know about CBN's Priscilla Ekwere Eleje

8 things you don’t know about CBN’s Priscilla Ekwere Eleje

Nairametrics highlights the 8 things you probably didn't know about Priscilla Ekwere Eleje, who recently made history as first woman to have her signature on naira. Take a look...

[NEW CIRCULAR] CBN Confirms Nigerians Can Buy Forex for BTA, PTA, Medical etc at...

The CBN has issued yet another circular informing Nigerians that all legitimate request for foreign currency for eligible transactions such as...
Bola Tinubu speaks against VAT increment, Value Added Tax, Minimum wage

Bola Tinubu just revealed the issues he has against VAT increment

The National Leader of the All Progressives Congress, Bola Tinubu has cautioned the Federal Government against increasing the Value Added Tax.
Central Bank of Nigeria

CBN dispels alleged N500bn fraud involving Emefiele, clarifies what happened

The CBN has dispelled report that Governor Godwin Emefiele connived with one of his deputies and other top officials to steal billions of naira from the coffers of the apex bank.
Africa's largest solar panel factory

Borno State Government builds Africa’s largest solar panel factory

The Borno State Government has completed and unveiled the largest solar panel factory in the country and Africa at large.
CBN Gov Godiwn Emefiele

Government policies that affects Small and Medium Scale Enterprises (SMEs)

Every business operates within an economic environment and are therefore susceptible to the changes that takes place in the economic policies overtime. This makes it...
Oby Ezekwesili

Does Oby Ezekwesili have the economic solution Nigeria seeks?

Mrs Oby Ezekwesili has joined the list of those vying to occupy Nigeria's highest public office come 2019.
Babatunde Fashola, Bayo Ojular, NERC, Shell Nigeria Exploration and Production Company

NERC introduces franchising for Discos, as groups and consumers commend move

NERC is officially introducing sub-franchising of DisCos' operations in order to improve access to safe and reliable electricity services to Nigerians.
Crude Oil Prices

Godwin Emefiele’s forecast on oil price could be wrong

Dr Godwin Emefiele stated that he does not see crude oil trading below $80 per barrel for the rest of 2018.
Gurara II Hydropower project

REVEALED! Names of high profile Nigerians banned from travelling outside the country

President Buhari ordered security agencies to place high profile Nigerians who are directly affected by Executive Order 6, under watch list.
Governor-Akinwunmi-Ambode

A look at projects in Lagos State that may suffer after Ambode’s exit

It is no longer news that Lagos State Governor Akinwumi Ambode failed in securing his party’s ticket to contest in next year’s gubernatorial election

Ten Areas Buhari Has Failed Nigerians

President Muhammadu Buhari was elected last year amid a yearning by Nigerians for committed focused leadership on all fronts. Ten months into his presidency,...
Minimum capital for microfinance banks

Update: CBN approves private sector participation as cash transit firms

Central Bank of Nigeria (CBN) has approved the revised guidelines for private sector participation as Cash In Transit firm or as Cash Processing firm.

Nigeria GDP Report: These Are The Sectors To Invest In That Are Still Growing

The National Bureau of Statistics (NBS) released its GDP data for the fourth quarter of 2015 showing that not surprisingly growth in Nigeria, Africa’s...
Fortune Magaizne Ranks Dangote

Blackstone pulls out of $5 billion pact with Dangote

Blackstone Group LP is withdrawing its pact and exiting from its Africa subsidiary, Black Rhino Group.
Petrol Price Regime

Niger Delta youths fight against alleged relocation of NGMC

Niger Delta youths have threatened to disrupt activities in oil companies if the NNPC proceeds with the relocation of the NGMC, one of its subsidiaries.

Why Nigerian FMCG companies are falling off a cliff

FMCG profits have declined sharply as the firms reel from the impact of macro-headwinds and plunge in purchasing power. Nigerian FMCG firms are having a...

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Canada invited 3,357 Express Entry candidates with scores as low as 300

Canada invited 3,357 Express Entry Candidates with scores as low as 300

Canadian province, Alberta, has issued a total of 3,357 invitations to apply for a provincial nomination for Canadian Permanent Residency (PR) to Express Entry candidates with Comprehensive Ranking System scores as low as 300.
Nigerian Aviation Unions

FG explains why it plans to demolish and rebuild the MMIA in Lagos

FG has explained the underlining reasons for the planned demolition and rebuilding of the 40-year-old Murtala Muhammed International Airport in Lagos.
Gas cylinders, Ibe Kachikwu

Federal Government to stop ownership of gas cylinders by consumers

By this new policy by @AsoRock, LPG consumers are not longer allowed to own gas cylinder.