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Business

Nigeria ‘ll Exit Recession In 2021 First Quarter, Says Finance Minister

By Gbenga Abulude (Politics and General Desk) The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, on Monday said, Nigeria will soon exit...

Business

Breaking! Nigeria’s Economy Officially Slips Into Worst Recession In Over 3 Decades

Nigeria has officially slipped into a recession after the country's gross domestic product contracted for the second consecutive quarter, just three years after emerging...

Banking

Emefiele Outlaws One-on-One Forex Transfer, Defines Windows For Investors, Others

In a dramatic move that would have telling effects on forex transactions, the Central Bank of Nigeria (CBN) has outlawed transfer of foreign exchange...

Business

How COVID 19 Crisis Forced CBN To Reduce MPR to 12.50%, Other Metrics Remain Unchanged

*Emefiele Explains Decline in GDP, Sluggish Production Dynamics, Unemployment Rate The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has disclosed that...

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