Sunday, September 14, 2025
Economy
CBN devalues the Official Rate of Naira for the second time in 2020
The Central Bank of Nigeria (CBN) has officially devalued the naira or “adjusted” the official rate of the naira as...
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Amended Companies and Allied Matters Act Bill 2020 assented by President Buhari
President Muhammadu Buhari on Friday 7th August assented to the Companies and Allied Matters Bill (CAMA) 2020 recently passed by...
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N75 billion Youth Investment Fund approved by FG of Nigeria
The federal government of Nigeria on Wednesday approved N75 billion for Nigeria Youth Investment Fund (NYIF) during a virtual meeting...
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FG of Nigeria spent 79.27% of its revenue on personnel costs in five months
The Federal Government (FG) of Nigeria spent 79.27% of its retained revenue on personnel cost in the first five months...
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Exchange rate to remain at N360/$1 until 2023: MTEF/FSP report
According to the draft 2021-2023 Medium Term Expenditure Framework/Fiscal Strategy Paper, (MTEF/FSP) presented by Minister of Finance, Budget & National...
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Inflation rises for 10th Consecutive time to hit 27 Months high
According to the latest report by the National Bureau of Statistics, the Consumer price index (CPI) which measures inflation increased...
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CBN guidelines for accessing its Non-Oil Export Stimulation Facility (NESF)
Central Bank of Nigeria (CBN) has released guidelines for accessing its Non-oil Export Stimulation Facility (NESF). According to CBN the...
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CBN non-interest Guidelines for the Accelerated Agricultural Development Scheme
The Central Bank of Nigeria (CBN) on Tuesday released guidelines for the Accelerated Agricultural Development Scheme (AADS). The Apex bank had...
Read moreCBN adds Maize/Corn to list of items excluded from official FX market
In a press release by the Central Bank of Nigeria, signed by the Director Trade and Exchange Department, DR. O.S...
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FG of Nigeria achieved only 48% of Revenue projected in Q1 2020
According to the Medium-Term Expenditure Framework and Fiscal Strategy (MTEF/FSP) report released by the Federal Ministry of Finance, Budget, and National Planning,...
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