Economy

Nigeria's anti-corruption agency, the Economic and Financial Crimes Commission (EFCC) has barred foreign missions in the country from transacting their financial businesses in dollars and other foreign currencies, mandating the use of local currency, Naira. The...

By John Ikani The Co-Chair of the Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB) and Minister of State for Petroleum Resources (Gas), Hon. Ekperikpe Ekpo on Thursday received in audience the Executive...

By Lucy Adautin In a resolute stance, the International Monetary Fund (IMF) has urged the Central Bank of Nigeria (CBN) to unwind the regulatory forbearance extended to Deposit Money Banks amidst the COVID-19 pandemic. Additionally, the...

By Emmanuel Nduka The International Monetary Fund (IMF) on Thursday stressed on the need for the Nigerian Government to focus on implementing reforms critical to enhance the business environment to set the country up as a...

By John Ikani President Bola Tinubu has approved the appointment of Mr. Ekperikpe Ekpo, Minister of State for Petroleum Resources (Gas), as the Co-Chairman of the Governing Council of the Nigerian Content Development and Monitoring Board...

By John Ikani The Nigerian Economic Summit Group (NESG) has issued a cautionary report on the potential economic benefits of domestic crude oil refining. While local refining offers a path towards economic growth, job creation, and...