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    Economy

    Browse Nigerian economy news, research and analysis from Local and international analysts.

    Follow Nigeria’s financial and monetary policies from Central Bank of Nigeria and other business And economic indicators

    Monetary Policy

    Q2: Nigeria’s Capital Importation Falls to $875.6m as foreign reserve plunges

    Naija247news -
    Nigeria has recorded a quarter-on-quarter decline of 54.06 per cent in the total value of capital importation into the country in the second quarter...
    Pension & Retirement

    PenCom transfers 10,165 RSAs to new administrators in Q3

    Naija247news -
    By Nana Musa Lagos, July 27, 2021 The National Pension Commission (PenCom) said it transferred 10,165 Retirement Savings Accounts (RSAs) to other Pension Fund...
    Farming

    CBN releases N756bn to over 3m farmers to boost food security

    Naija247news -
    By Kadiri Abdulrahman Abuja, July 28, 2021 The Central Bank of Nigeria (CBN), says it has released the sum of N756.51 billion to 3,734,938 small...
    Monetary Policy

    Nigeria needs to trim down its 7,000 BDCs to help stabilize Naira – Economist says

    Naija247news -
    By Kadiri Abdulrahman Abuja, July 28, 2021 An Economist, Mr Tope Fasua, has commended the Central Bank of Nigeria (CBN) for its decision to...
    Monetary Policy

    Expert accuses BDCs, Banks of rent-seeking behaviour money laundering activities.

    Naija247news -
    Abuja, July 28, 2021 A Financial Expert, Mr Okechukwu Unegbu, has urged the Central Bank of Nigeria (CBN) to be cautious of...
    News Analysis

    BDC forex ban: Nigeria economy needs to start producing to help stabilize the Naira against dollar

    Naija247news -
    By Lydia Ngwakwe/ Ige Adekunle Lagos, July 28, 2021 An economist, Prof. Akpan Ekpo, has commended the Central Bank of Nigeria (CBN) for discontinuing sale...
    Investing

    Zulum approves N12.8m for Borno candidates set for army recruitment

    Naija247news -
    By Yakubu Uba Maiduguri, July 28, 2021 Gov. Babagana Zulum of Borno has approved N12.8 million assistance for 641 Borno candidates who qualified...
    Budget

    Lagos State government engages stakeholders on 2022 appropriation Bill

    Naija247news -
    …Reviews Y2021 Budget Performance at Mid-Year As part of efforts towards ensuring inclusiveness and evenly spread of the dividends of democracy across the populace, Lagos...
    Investing

    Ecological Fund Office needs N3.4trn for projects nationwide — SGF

    Naija247news -
    By Vivian Emoni Abuja, July 27, 2021 Mr Boss Mustapha, Secretary to the Government of the Federation (SGF), on Tuesday said the Ecological Fund...
    Manufacturing

    AfCFTA: Nigeria needs standard products to compete favourably——- SON

    Naija247news -
    By Chiazo Ogbolu Lagos, July 27, 2021(NAN) The Standards Organisation of Nigeria (SON) on Tuesday said that the country needed to produce products that...
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