MPC: again, CBN retains interest rate at 14%

By Etuka Sunday The Central Bank of Nigeria (CBN) yesterday at the end of its Monetary Policy Meeting (MPC) voted to retain MPR at 14%. Rising from its meeting in Abuja, the CBN’s Governor, Mr Godwin Emefiele who chair the meeting said, the Committee, in consideration of the headwinds in the domestic economy and the uncertainties in the global environment, More...

by Peoples Daily | Published 4 days ago
By Peoples Daily On Wednesday, March 22nd, 2017
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AEDC launches pilot project at Kabusa,Abuja

The Management of Abuja Electricity Distribution Company (AEDC) By Mashe Umaru Gwamna The Abuja Electricity Distribution Company ( AEDC) has launched a pilot project yesterday in Kabusa village in Abuja, in order More...

By Peoples Daily On Wednesday, March 22nd, 2017
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Dogara makes case for Federal Competition Consumer Protection Commission

The Speaker of the House of Representatives, Rt. Hon. Yakubu Dogara By Umar Muhammad Puma The Speaker of the House of Representatives, Hon. Yakubu Dogara, has said the establishment of the Federal Competition and More...

By Peoples Daily On Tuesday, March 21st, 2017
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FOREX: CBN lifts supply with $180m

…as invisibles get $80m By Etuka Sunday The Central Bank of Nigeria (CBN) yesterday offered a total of $180 million to meet bids for wholesale auction and requests for invisibles such as medicals, school fees More...

By Peoples Daily On Tuesday, March 21st, 2017
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NNPC to generate 40,000mw power

By Etuka Sunday The Nigerian National Petroleum Corporation, NNPC will generate about 4, 000 megawatts of power in the next ten years to boost the supply in the country. This was disclosed by the Corporation’s More...

By Peoples Daily On Tuesday, March 21st, 2017
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Surveyor General tasks States Chief Resident Surveyors on revenue generation

By Etuka Sunday In a bid to meet its revenue generation target for the year 2017, the newly posted Chief Resident Surveyors (CRS) have been charged to exploit untapped income avenues in their various states of posting More...

By Peoples Daily On Tuesday, March 21st, 2017
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Elumelu takes Africapitalism philosophy to University of Ghana campus

From Ngozi Onyeakusi, Lagos The group chairman of UBA Plc, Mr. Tony Elumelu has taken his Africapitalism philosophy to the University of Ghana, Legon in continuation of his strategic tour of engineering a robust More...

By Peoples Daily On Monday, March 20th, 2017
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Economy: CBN, Fiscal Authorities meet in Abuja

By Etuka Sunday Desirous of monetary and fiscal collaboration in order to pull the Nigerian economy of the current crunch, economic management leaders from the Central Bank of Nigeria (CBN) and the Ministries of More...

By Peoples Daily On Monday, March 20th, 2017
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NNPC announces New Measures to ensure robust products supply

By Etuka Sunday The Nigerian National Petroleum Corporation has in stock, a robust inland supply of over 1.2 billion litres of petrol sufficient for more than 34 days forward consumption, a statement by the Corporation More...

By Peoples Daily On Monday, March 20th, 2017
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Medview Airline opens Lagos-Kano-Kaduna. Route

From Suleiman Idris, Lagos Nigeria leading domestic airline, Medview Airline has announced the addition of flight into Kano to its route network, the new route it said is part of its ambitious step to connect all More...