Tuesday, May 21, 2013

ECOWAS finance ministers adopt regional common tariff regime

The tariff regime is coming after more than ten years of internal negotiations. …... read more

ECOWAS may soon adopt common external tariff regime

Members of ECOWAS met in Cape Verde to facilitate the process for a universal external tax regime. …... read more

I won’t seek second term as CBN Governor- Sanusi

Lamido Sanusi said he has no intention to remain Governor of Nigeria’s Central Bank beyond 2014. …... read more

Jonathan rejects transparency clause in 2013 budget; asks N’Assembly not to monitor budget spendings

President Goodluck Jonathan laying the budget before the National Assembly President Goodluck Jonathan has rejected a number of ambitious stipulations... read more

Nigeria maintains monetary policy rate at 12%

The MPC chose to keep the monetary policy rate unchanged at 12 per cent Nigeria’s Monetary Policy Committee, MPC, on... read more

Judge postpones trial of Diamond Bank, 2 workers, others for money laundering

The Lagos judge postponed the trial to June 18. A Federal High Court in Lagos on Tuesday fixed June 18... read more

Court overrules NEXIM bank’s preliminary objection in case by former employees

Some former staff of NEXIM sued the bank for nonpayment of severance benefits.  …... read more

Nigeria to formulate salary policy in public service – SGF

Secretary to the Federal Government, Anyim Pius Anyim The new policy will encourage and reward productivity, engender equity and recognise... read more

Nigeria’s February inflation rises to 9.5%- NBS

Nigeria inflation rate witnessed a 0.5 per cent increase in February. …... read more

65 % of Nigerians not in formal financial system – CBN

CBN has unveiled a financial inclusion policy to get “unbanked people” into the banking sector. …... read more

Nigeria can’t trace sponsors of ghost workers that defraud government of N100bn, Okonjo-Iweala says

Ngozi Okonjo-Iweala Government wants Nigerians to come up with ideas on how to fish out ghost workers on its pay... read more

Overview Of Nigeria 2013 Budget, By Ngozi Okonjo-Iweala

Ngozi Okonjo-Iweala Protocols 1. It is with great pleasure that I present to you today, the 2013 Federal Government Budget.... read more

No Nigerian commercial bank can provide long-term loans – Central Bank

Central Bank of Nigeria Nigeria’s commercial banks are not equipped to give long term loans yet. The Nigerian Central Bank... read more

Crown Agents to facilitate NEXIM’s systems change, capacity building

NEXIM MD, Roberts Orya NEXIM to collaborate with Crown Agents to strengthen NEXIM’s productivity. The Nigerian Export-Import bank, NEXIM, will... read more

Alleged N25.7b theft: Witnesses accuse Atuche, others of forging documents

Francis Atuche The ex-Nigerian bank chief is accused of mismanaging banks funds while in office. A former Managing Director of... read more

Signed 2013 budget not available to Nigerians yet

President Goodluck Jonathan laying the budget before the National Assembly in 2012 The Budget Office said the 2013 budget would... read more

At last, President Jonathan signs 2013 budget

President Goodluck Jonathan laying the budget before the National Assembly in 2012 The presidency has just released the statement below,... read more

Unbridled corruption, impunity, poverty, bane of national development, says Babalola

Former Finance Minister says corruption has to be tackled for national development goals to be achieved. …... read more

Access Bank dragged to court for withholding customer’s money

Aig-Imoukhuede The customer accused the Nigerian bank of improper action. Emmanuel Effiong, a civil servant, on Thursday sued Access Bank... read more

Reps seek end to use of foreign currencies for domestic transactions

Photo: vanguardngr.com The Nigerian lawmakers passed the motion on Thursday.  The House of Representatives on Thursday urged the Central Bank... read more

CBN to commence national financial inclusion strategy in Borno

Borno is the state with the most unbanked persons. …... read more

Managing the Central Bank: Selecting Lamido Sanusi’s successor, By Ifeanyi Uddin

Ifeanyi Uddin On balance, therefore, we all have a huge interest in the process for selecting the next central bank... read more

N8.5 trillion foreign investments coming to Nigeria in 5yrs, says Aganga

Tony Uranta says these men and women are dead woods Mr. Aganga says trade accounts for 18.1 per cent of... read more

Nigerian, Englama, named head of West Africa Monetary Institute

Mr. Englama will head WAMI for an initial two years. …... read more

Managing Nigeria’s Monetary Policy, By Ifeanyi Uddin

Ifeanyi Uddin Again, the Central Bank of Nigeria’s (CBN) rate-setting committee (the Monetary Policy Committee ― MPC) meets this morning.... read more