Nigeria’s Inflation drops for 13th consecutive month
The NBS said urban inflation rate rose by 15.56 per cent in January 2018 from 16.78 per cent in December 2017.
Consumers paid 31.04% more for petrol in January – NBS
The average price per litre is about 11.12 per cent higher than about N171.8 paid in December 2017
U.S. urges Nigeria to diversify economy for growth
An official says Nigeria’s over-dependence on oil could hinder economic growth
Nigerian govt to auction N100 billion bonds February 21 – DMO
The government will sell N50 billion of a bond maturing in July 2021 and another N50 billion to mature in February 2028
AfDB signs $700 million development loan agreement with Japan
The loan is part of Japan’s contribution to the ADF’s Fourteenth Replenishment (ADF-14)
Senate wants importation of palm oil, kernel banned
The lawmakers want local production strengthened.
Senate moves to rescue Kanu Heart Foundation from AMCON take-over
The Senate president mandates the chairman senate committee on banking to intervene in the issue.
Commonwealth investment council chief wants Nigeria as post-BREXIT trade ally
Britain is Nigeria’s second-largest trading partner, after South Africa.
Osinbajo lauds investors on job opportunities as Nestle Nigeria inaugurates new factory
“I urge other manufacturing firms to emulate Nestle and domicile their investment opportunities in Nigeria.”
ALSCON: BFIG writes Fayemi, threatens legal action over Rusal takeover
The contested firm was recently handed over again to Russia’s Rusal.
Why Nigeria Customs can’t stop smuggling — Official
A spokesman says the service is punishing corrupt officers.
Nigerians who own property in UK panic over new law
The affected persons reportedly inundate Nigeria’s finance ministry with calls
Airline operators fault minister’s claim of N516 billion indebtedness
“We have always asked them to list the debts. It is easy to call numbers.”
UK export agency to accept Naira for trade payments
“This is a clear indication of how much value the UK places on its relationship with Nigeria.”
Weekend Shopping: Here’s where to buy cheap goods in Abuja
PREMIUM TIMES compares prices at Shoprite, Sahad Stores, H-Medix, Next Cash and Carry and SPAR.
How AfDB is changing perspectives for Africa’s development – Adesina
Overall, Africa’s economies remain resilient despite the global economic headwinds, climate and regional shocks.
N550 billion credit available to support SMEs — NEXIM
The export-import bank encourages entrepreneurs in Southeast and South south to apply.
ERGP focus lab to generate $24 billion investment – Osinbajo
The vice president commissioned an expansion plant by a biscuit company.
DMO explains $2.5 billion external financing arrangement
The DMO says action will not lead to an increase in public debt.
90% of our pilots, co-pilots are Nigerians – Dana Air
An official said the airline had boosted its Nigerian pilots from 20 per cent.
Access Bank reacts to alleged fraudulent withdrawals from NIJ Provost’s account
Over N200,000 was withdrawn from Gbemiga Ogunleye’s account at Access Bank.
7.82 million workers register under pension scheme – NBS
About 7.71 million workers registered in the third quarter of 2017