The Central Bank of Nigeria, CBN, has officially begun implementation of the Bilateral Currency Swap Agreement, BCSA, signed with the Peoples Bank of China.
The apex bank Friday, announced the flagged off its intervention in the sale of foreign exchange in Chinese Yuan, CNY, through a combinati [...]
The federal and state governments have approved a downward review of the Right of Way charges paid by telecommunication companies, to encourage investment in the sector.
With the approval, telcoms operators will now pay a token fee of N145 per metre to lay fibre cable anywhere in the country, a [...]
The Accountant-General of the Federation, AGF, Mr. Ahmed Idris, has assured the military that their salaries will not in any way, be affected by their enrolment on the Integrated Personnel and Payroll Information System, IPPIS, scheme.
The assurance became necessary to allay their fears about s [...]
The National Bureau of Statistics in collaboration with the Small and Medium Enterprises Development Agency of Nigeria, SMEDAN, is conducting a national survey to boost economic planning and development.
According to the NBS, the survey will assess the performance of Micro, Small and Medium Ent [...]
For weeks now, the federal government and electricity distribution companies operating in Nigeria have been pointing accusing fingers at each other over their roles in decelerating the actualisation of adequate power supply in the country.
While the government is insisting that the Discos are n [...]
Critical telecommunication installations belonging to MTN Nigeria Communications Limited were recently vandalised by unidentified persons after the recent picketing of the company by members of the Nigerian Labour Congress.
Government fears that sustained att [...]
The Federation Accounts Allocation Committee meeting for May 2018 again ended in deadlock Thursday last week, making it the third consecutive time the meeting will be suspended in recent times.
The meeting which was to consider and approve [...]
The federal government is positive that the recent visit of foreign investors and consultants from the automotive industry will serve as a boost for the development of the sector.
Minister of Industry, Trade and Investment, Mr. Okechukwu En [...]
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