The Central Bank of Nigeria (CBN) is considering halting the sale of dollars for imported goods that are already manufactured in the country as it seeks to reduce pressure on the naira hit by a drop in oil prices. “The only thing that will reduce pressure on our currency is by producing those things we […]
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Abuja – The Director-General of the National Automotive Council (NAC), Mr Aminu Jalal, said on Tuesday that the nation’s automobile industry had the potential to generate over 200,000 jobs.
The All Progressives Congress (APC) Presidential Campaign Council (PCC) has asked the Peoples Democratic Party (PDP)-led federal government to stop stealing from Nigerians and allow them to enjoy the relief that has come to the consumers of petroleum products globally.
The threats from increased political spending and growth in money supply have been identified as some factors that are underlining threats to the consumer price index (CPI) in Nigeria.
Stakeholders in the agricultural sector have expressed optimism of increased focus on the sector in 2015, and increased productivity in view of the sharp decline in crude oil price and its impact on the nation’s revenue, as well as the expected impact of the agricultural transformation agenda being implemented by the government.
Amidst the crisis triggered by the plunge in crude oil prices and the corresponding pressure on the naira, analysts from the financial and investment advisory firm, Financial Derivatives Company, have put Nigeria’s inflation figure at 10-12 per cent this year.
The progress recorded at the various Entrepreneurship Development Centres, midwifed by the Central Bank of Nigeria (CBN) in different zones in the country has shown that the challenges to Nigeria’s efforts to become the economic hub of Africa by the year 2020 are surmountable by interventions like this, reports Festus Akanbi
Senator Rashidi Adewolu Ladoja, the Chairman, National Conference Energy Committee and a former Governor of Oyo State, walked tall as hundreds of APC, PDP members in Ido Local Government Area of the state embraced the party that he leads. In an interview with Sunday Vanguard at his Bodija GRA, Ibadan home later, he spoke on […]
The National Housing Fund (NHF) scheme was established by Act 3 of 1992 to enable Nigerians in all sectors of the economy, particularly those within the low and medium income levels who cannot afford commercial housing loans, such as civil servants, traders, artisans, and commercial drivers etc., to own houses. The Act stipulates that funding […]
Lagos State Governor Babatunde Fashola shares his thoughts on the World Economic Forum (WEF). As we expect life in Abuja to return to normal, hopefully for the better, I feel the urge to share my thoughts about the World Economic Forum. Although security concerns and discussions were constant mentions at a Forum to discuss Africa’s […]