Politics
General news on the economy and politics.
Official: Nigeria’s Total Debt Is Now $67billion, Up 36.7% From March 2013
Nigeria's foreign debt stands at $9.38 billion, up 40 percent in absolute terms from its last publicly available data of...
Read moreDetailsInvestment Inflows to Nigeria Decline 42% to $2.86bn
Apparently worried by the outcome of the 2015 election foreign investors are beginning to scale down their level of investment...
Read moreDetailsOFFICIAL: CBN Launches Service That Allows You To Transfer Dollars To Relatives & Dependents Abroad From Your Naira Account
The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, as part of the key initiative of the Bank will...
Read moreDetailsPolicy Flipflop: CBN Reintroduces Charges on Cash Withdrawals on ‘Other Banks’ ATMs
Summary 1. You pay N65 for cash withdrawals on another banks ATM 2. The new rule starts September 1st 3....
Read moreDetailsScathing Opinion: The Treasury Bill Scam Continues to Flourish
In the wake of the 2008 banking crises, the Central Bank created over N4000bn fresh Naira supply, inspite of the...
Read moreDetailsOfficial: CBN limits banks’ Tier 2 Capital to 33%
The Central Bank of Nigeria (CBN) has pegged Tier-2 or supplementary capital for banks at 33.3 per cent of Tier-1...
Read moreDetailsA Unit of Shell Just Helped The Naira Hit a 3 Months High Against The Dollar
Nigeria's naira strengthened against the dollar on the interbank market on Monday, reaching its strongest in almost three months, as...
Read moreDetails
Here Is What Happened To Ugandan Currency After The Court Struck Out Homosexuality Law
The Ugandan shilling gained on Friday against the dollar after the country's constitutional court struck down an anti-homosexuality law that...
Read moreDetailsOfficial: Sarah Alade Named African Finance Corporation Chairman, Elumelu & Aig-Imoukhuede Also On The Board
The Board of the Africa Finance Corporation (AFC) elected yesterday Dr. Sarah Alade as chairman of the Board of Directors....
Read moreDetailsThis How Much The Economy Is Owing Nigerian Banks
Deposit Money Banks’ otherwise know as commercial banks have in their combined balance sheets total loans and advances to the...
Read moreDetails
