Politics
General news on the economy and politics.
CBN has this STERN message for schools and landlords who charge in dollars
The Central Bank of Nigeria on Tuesday warned schools, landlords and other business enterprises against demanding foreign currencies for the...
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B-O-O-M: External reserves drop to $29.9billion for the first time since 2006
Nigeria's external reserves has dropped to $29.9billion for the first time since 2006. Data from the CBN website shows our...
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MPC- CBN leaves benchmark rate unchanced
The Central Bank of Nigeria (CBN) left its benchmark interest rate unchanged at 13 percent on Tuesday, saying tight monetary...
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CBN set to sell N97.8billion worth of Treasury Bills
Nigeria plans to raise 97.81 billion naira ($492 million) in Treasury bills at an auction on Wednesday, the central bank...
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Nigeria’s bonds fall to all time low
Not long ago, Nigerian bonds were hailed as the best performers in Africa, but that rally risks coming to a...
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FG blows N367 billion in January 2015 with 82% on recurrent expenditure
The Central Bank has released its monthly economic report for the month of January 2015. According to the apex bank,...
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CBN sells 1 year treasury bills @ 15.35%
Nigeria's treasury bill yields fell across the board at an auction on Wednesday, compared with a previous sale on March...
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Microfinance banks lead as CBN disburses N40.3bn out of N220bn MSMED
The Central Bank of Nigeria (CBN) has disbursed a total of N40.3 billion out of the N220 billion Micro Small...
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Official Press Release confirming reduction in Electricity Tariff
Since January 1, 2015 when the Nigerian Electricity Regulatory Commission (NERC) approved the MYTO 2.1 we have received several complaints...
Read moreDetailsNaira stable at 199 per dollar
The naira, on Monday, traded within a range at which it has been stuck for almost a month on the...
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