“In order to continue our gains in local production and help boost non-oil exports, we are in the process of finalising the creation of a N500 billion fund with the Nigeria Export-Import Bank (NEXIM) to assist local manufacturers interested in non-oil exports.”
OpeOluwani Akintayo 16 February 2018, Sweetcrude, Lagos — According to the Central Bank of Nigeria, CBN, on Wednesday, the country’s…
The President said, “When I was told that the CBN had no savings after the windfall of selling oil for more than $100 per barrel for many years, and the production was 2.1 billion barrel per day, I did not believe them.”
*Boost Nigeria’s foreign reserves OpeOluwani Akintayo 05 September 2017, Sweetcrude, Lagos — The Nigerian National Petroleum Corporation, NNPC, expects to…
The CBN data indicated appreciation in reserves in the midst of forex intervention put in place to the various exchange markets by the bank.
27 September 2016, Abuja – The Minister of Budget and National Planning, Sen. Udoma Udo Udoma, says Nigeria’s foreign reserves have…
In a statement issued by his media aide, Mr. Laolu Akande, Osinbajo, who spoke at the public presentation of a collection of essays edited by Mr. Yusuf O. Ali (SAN), said the president was left with no choice but to act in the face of a disorderly downstream sector, a flailing naira and a volatile national economy.
The policy research organization, which made the projection in the latest edition of its Nigeria Economic Update released recently, hinged the positive outlook on the easing market conditions in the international crude market.
30 March 2015, Lagos -The stress of dwindling oil revenue is mounting on the economy as external reserve drops below…
26 February 2015, Abuja – The nation’s foreign exchange reserves tumbled by $2.68bn in less than two months to $31.79bn…
