Christine Lagarde, IMF managing director, looking at the resilience and determination of President Muhammadu Buhari, believes Nigeria might not need any loan or negotiation to stabilize...
The Naira on Monday depreciated by 0.8 per cent to exchange at N265 to the dollar at the parallel market. National Daily reports that the greenback lost...
Unless, there is prompt intervention, the country may witness serious economic turbulent in first quarter of 2016. The Lagos Chamber of Commerce and Industry (LCCI) who...
* Calls for local production than importation The Minister of Agriculture and Rural Development, Mr Audu Ogbeh has urged food importers to invest in local...
The non-adjustment of foreign exchange rate by the Central Bank of Nigeria as well as the forex restriction order placed on key commodities will have adverse...
As a result of the downtrend in the economy, most electricity distribution companies, National Daily gathered had failed to make full remittances in recent months to...
…as CBN’s forex restrictions, policies bite harder By Odunewu Segun With 9.4 per cent inflation rate recorded in the final quarter of 2015, the...
By Odunewu Segun The Federal Government has foreclosed the possibility of early reversal of the government policy restricting importers of about 41 items from assessing the...
President Muhammadu Buhari says that he will not support the devaluation of the naira because it will not be favourable to the Nigerian economy. Buhari, who...
The President, Maize Growers and Processing Association of Nigeria (MGAPAN), Mr Edwin Uche, has disclosed that the group is determined to boost maize value chain in...
