CBN increases Monetary Policy Rate to 18%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), has increased the Monetary Policy Rate (MPR) to...
Economy/Technology
MPR: Economists say rates increase didn’t meet expectations
Financial economists said on Tuesday that the decision by the Monetary Policy Committee (MPC) of the Central Bank of Nigeria...
NBS gives reasons for delay in releasing unemployment data
The National Bureau of Statistics (NBS) has explained the delay in Nigeria’s unemployment data for two years. According to the...
NNPC’s petrol supply increases 44% a week
Nigerian National Petroleum Company Limited (NNPCL) has reported a total of 488.94 million litres of petrol distributed to 63 depots...
Expert decries continuous cash scarcity of naira notes
A financial expert, Mr Muktar Muhammed, has urged the CBN to take urgent steps to address continuous shortage of naira...
New oil, gas discoveries indicate huge gas reserves in Nigeria – Expert
An Oil and Gas Expert, Prof. Olanrewaju Aladeitan, has lauded the new oil and gas discoveries in Nigeria, which indicated...
Expert wants Nigeria, Qatar to take advantage of EU gas market
Prof. Olanrewaju Aladeitan has urged other gas producing countries to take advantage of the vacuum created by the non-supply of...
65% of alcohol manufacturers not registered
Uganda Alcohol Industry Association says only 35 percent of alcohol manufacturers in Uganda pay tax. Government loses about Shs2 trillion...
Tanzania among top food exporters in Africa
Dar es Salaam. Tanzania has become a hub for food exports, feeding countries in the African region as well as...
Uganda looks to North Africa for a market for its milk
Uganda is widening its search for a market for its milk to northern Africa after incessant trade wars with its...
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