Latest Economy News

CBN Unveils New Minimum Capital Requirements For Banks…Gives 24 months To Recapitalise

The Central Bank of Nigeria (CBN) has unveiled a new minimum capital…

Food Production : FG Commissions Farm Housing Units, Empowerment Centres In Borno

In a bid to reduce poverty and boost food production, the federal…

Hike in price of Aviation fuel threatens domestic operations

Airline Operators of Nigeria, AON, has raised alarm that the continuous increase…

Senate Summons CBN Governor On State Of Economy , Free Fall Of Naira

The Senate on Wednesday through its committee on Banking , Insurance and…

CBN pays $2bn To Clear FX Backlog, sanctions await market Defaulters

The Central Bank of Nigeria (CBN) says it paid approximately $2 billion…

2024 Budget : FG told to remove N512 billion worth of ‘non-priority ‘ items

Lead Director of the Centre for Social Justice, Eze Onyekpere, has called…

Nigeria will meet 1.7 million bpd in oil production in the 2024 budget – Lokpobiri

The Minister of State, Petroleum Resources, Senator Heineken Lokpobiri, says Nigeria will…

Nigeria Customs Blame Low Revenue Generation On Poor Infrastructure, Bad Economy

The Nigerian Customs Area Comptroller for Ogun II Area Command, Compt. Olusola…

CBN’s Naira Redesign Policy, Rendered Farmers Bankrupt -FG

The Minister of Agriculture and Food Security, Abubakar kyari, has raised concerns…

Nigerian banks remain resilient – CBN

The Central Bank of Nigeria, CBN has reaffirmed that the banking industry…

Fmr. President Obasanjo Wants Concerted Efforts To Mitigate Poultry Industry Challenges

Former President Olusegun Obasanjo has called for concerted efforts to mitigate the…

Poultry farming: Obasanjo calls for increased investments

Former President, Olusegun Obasanjo has called for concerted efforts to mitigate the…