Economy - Realnews Magazine

Economy

Banks comply with CBN’s directive to work weekends, customers throng premises

BANKS in satellite towns of the Federal Capital Territory (FCT), on Saturday opened for business as directed by the Central […]

Economy

PTAD set to unveil “I Am Alive” confirmation portal for pensioners

THE Pension Transitional Arrangement Directorate (PTAD), says it would unveil “Am Alive” Confirmation solution on April 14, according to Mr […]

Economy

CBN confirms evacuation of banknotes, directs banks to open for weekend operations

THE Central Bank of Nigeria (CBN), has confirmed the evacuation of banknotes from its vaults to commercial banks across the […]

Economy

Food prices continue to rise in February- NBS

THE National Bureau of Statistics (NBS), said that prices of food items such as yam, rice and beef witnessed increases […]

Economy

Cooking gas price increased by 24.05% in one year – NBS

THE National Bureau of Statistics (NBS), says the average price of 5kg of cooking gas increased from N3,708.58 in February […]

Economy

Naira falls to dollar, exchanges at N461.67

THE Naira on Thursday depreciated against the dollar at the investors’ and exporters’ window, exchanging at N461.67. The rate represented […]

Economy

Insurance companies’ customers claim N318.2bn in Q4 2022 – NAICOM

THE insured made claims of N318.2 billion on insurance companies in the last quarter of 2022. The National Insurance Commission […]

Economy

Main Market fire disaster CLO sympathies with victims

…calls for adequate compensation THE Civil Liberties Organization Anambra State has sympathised and identify with traders at Main Market who […]

Economy

Naira appreciates at Investors, Exporters window by 0.11%

THE Naira on Wednesday appreciated against the dollar at the Investors’ and Exporters’ window, exchanging at N461.50. The rate represented […]

Economy

Naira scarcity: NLC to picket CBN offices nationwide

THE Nigeria Labour Congress (NLC) has said it would picket all Central Bank of Nigeria (CBN) offices nationwide on March […]

Economy

CBN disbursed N12.65bn as agriculture intervention since January – Emefiele

THE Central Bank of Nigeria (CBN), has disbursed N12.65 billion to the Anchor Borrowers Programme (ABP), its flagship agriculture intervention scheme […]

Economy

MPR: Stock market rebounds by 0.03%, gains N10bn

THE domestic bourse posted a 0.03 per cent rebound to close at N29.909 trillion, gaining N10 billion, following the upward […]

Economy

Increase in interest rate may prove unhelpful, say financial experts

THE decision by the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) to raise Monetary Policy Rate […]

Economy

Nigeria is leading rice producer in Africa – Foundation

SYNGENTA Foundation For Sustainable Agriculture (SFSA), an Abuja-based NGO, says Nigeria is the leading rice producer in Africa with 70 […]

Economy

Naira scarcity: FG urged to save SMEs

THE Federal Government, Central Bank of Nigeria (CBN), and others, have been urged to take urgent steps to save the […]

Economy

CBN marks money week, focuses on financial literacy for children

THE Central Bank of Nigeria (CBN), says there is the need to extend financial literacy to children to enable them […]

Economy

Petrol price increased by 54.76% a litre in one year – NBS

THE National Bureau of Statistics (NBS), says the average retail price of a litre of Petrol increased from N170.42 in […]

Economy

Nigeria to export skilled labour to Europe – NBTE

THE National Board for Technical Education (NBTE) says Nigeria will begin exporting skilled labour to Europe and other parts of […]

Economy

AEDC working to restore power to Bwari and environs in Abuja

THE Abuja Electricity Distribution Company (AEDC) says it is working with stakeholders to restore power supply to Bwari and environs. […]

Economy

ECA explains Africa’s progress, challenges of AfCTA implementation

THE Economic Commission for Africa (ECA) says it is impressed with the progress the implementation of the African Continental Free […]

Economy

Investors worth on NGX drops by N16bn

INVESTORS at the stock market of the Nigerian Exchange Ltd. (NGX) on Monday lost N16 billion due to sell-offs in […]

Economy

Consumer Value Awards opens portal for nomination

BRANDXchange, conveners of the 2023 Consumers Value Awards (CVA), says it has begun nomination of eligible brands that will participate […]

Economy

In spite of economic growth recovery, Africa still needs to curb poverty and social inequality

WITH slower economic growth and high inflation, many African countries continue hardly to strengthen the continent’s development after experiencing a […]

Economy

Benin traders make quick business at polling areas

TRADERS flooded polling areas in Benin on Saturday to make brisk businesses as the House of Assembly elections went underway. […]

Economy

We’re not responsible for power outage in Imo, EEDC tells customers

THE Enugu Electricity Distribution Company (EEDC) has clarified that it is not responsible for the recent seven-day power outage in […]

Economy

Addressing multiple shocks will grow Africa’s economy – ECA

THE Economic Commission for Africa (ECA) said Africa’s economy could experience positive growth if its multiple shocks were adequately addressed. […]

Economy

Fuel scarcity, insecurity to push 24.8m Nigerians into deep poverty — CH Report

AS Nigeria and Nigerians continue to reel in economic hardship, the Cadre Harmonise, CH, Report Thursday, indicated that the protracted […]

Economy

Naira weakens 0.2% against dollar at Investors’ Exporters window

THE Naira loses 0.2 per cent against the dollar on Thursday, exchanging at N462 at the Investors’ and Exporters’ window. […]

Economy

Humanitarian ministry engages stakeholders on zero cash policy development

THE Ministry of Humanitarian Affairs, Disaster Management and Social Development (FMHADMSD), on Thursday engaged relevant stakeholders to review the National […]