The initial aim of the FHA was to provide affordable housing to low-income earners in the country.

The National Council on Privatisation, NCP, has approved the commercialisation of the Federal Housing Authority, FHA, in an effort to redress the huge …

NCP approves commercialisation of FHA to solve Nigeria’s housing challenges is a post from: Premium Times Nigeria

 The event will bring together stakeholders in the snail breeding industry.

The Federal University of Agriculture, FUNNAB, Abeokuta is set to host the second International Conference on Giant African Land Snails, GALS, production.

A statement made available to PREMIUM …

University of Agriculture, Abeokuta, hosts conference on snail production in Africa is a post from: Premium Times Nigeria

The Company plans to redeem and refinance its maturing obligations at the end of 2013 through 2014.

Finance analysts have commended the move by Nigeria’s Asset Management Company, AMCON, to redeem and refinance its maturing obligations at the end of …

AMCON’s move to refinance bonds calms fears of inflation, financial instability in Nigeria is a post from: Premium Times Nigeria

Five categories of treasury bills were sold at the last biweekly auctions.

The Central Bank of Nigeria, CBN, sold treasury bills worth N227.91 billion this week.

The Financial Market Dealers Association, FMDA, disclosed this on its website on …

Nigeria Central Bank sells N277.9bn worth of treasury bills is a post from: Premium Times Nigeria

The couple are accused of defrauding their bank.

An Ikeja High Court on Friday granted a former Managing Director of Bank PHB, Francis Atuche, and his wife, Elizabeth, an extension of time to file no-case submission applications.

The News …

N25.7bn theft: Court adjourns ex-Bank PHB boss, Atuche, wife’s criminal charges is a post from: Premium Times Nigeria

A new tariff regime aimed at increasing local manufacturers’ capacity and boost investments in the industrial sector is underway, The Minister of Trade and Industry, Olusegun Aganga, said.

The Special Assistance …

Nigeria to set new tariffs for manufacturers, industrialists is a post from: Premium Times Nigeria

Capacity building remains the most vital in creating an enabling environment for tax compliance, Mr. Mashi said.

The Acting Chairman, Federal Inland Revenue Service, FIRS, Kabir Mashi, on Wednesday asked Chairmen of the Boards of Internal Revenue in the 36 …

Build capacity to improve efficiency, Nigeria’s tax boss tells state tax chiefs is a post from: Premium Times Nigeria

NNPC headquarters in Abuja Photo Credit: Google

The Nigerian National Petroleum Corporation (NNPC) is set to build the largest Africa’s gas city in Ogidigben, Delta State.

David Ige, the NNPC Group Executive Director, Gas and Power, made this known during …

NNPC to build Africa’s largest gas city in Delta is a post from: Premium Times Nigeria

Central Bank of Nigeria

With a vote of seven members to three, the committee also left the Cash Reserve Requirement, CRR, unchanged at 12 per cent.

The Monetary Policy Committee, MPC, of the Central Bank of Nigeria, CBN, …

Update: CBN retains lending rate at 12%, anticipates liquidity risks in economy is a post from: Premium Times Nigeria

Central Bank Governor, Lamido Sanusi

CBN governor says the current policy works.

The Monetary Policy Committee has left the nation’s monetary policy rate unchanged at 12 per cent, as predicted by financial analysts.

The Central Bank governor, Sanusi Lamido, …

MPC keeps monetary policy rate unchanged at 12 per cent is a post from: Premium Times Nigeria

Lagos Chamber of Commerce and Industry

The nation’s population suggests a huge market but it is weakened by high poverty.

The Lagos Chamber of Commerce and Industry, LCCI, the premier chamber of commerce in Nigeria has described the Nigerian …

“Nigeria’s economy is a bundle of contradictions” –LCCI is a post from: Premium Times Nigeria

Nigerian Stock Exchange

The index hit the 36,000 mark on May 10.

The All-Share Index of the Nigerian Stock Exchange, NSE, on Tuesday crossed the 37,000 mark as a result of improvement in the price of some blue chips.…

Nigeria Stock Exchange all-share index hits 37,000 mark is a post from: Premium Times Nigeria

Finance Minister, Ngozi Okonjo-Iweala

The finance minister said the plan of Mr. Jonathan’s administration is to restore security and order.

Despite the threat of national insecurity, which has seen a state of emergency imposed in three states in the North …

Okonjo-Iweala expresses confidence on strong economy fundamentals despite insecurity is a post from: Premium Times Nigeria

President Goodluck Jonathan

The Managing Director of Ecobank Transnational Inc., Thierry Tanoh, paid a visit to the president.

President Goodluck Jonathan on Monday in Abuja challenged banks in the country to fund infrastructure development in Africa.

The president was speaking …

Jonathan challenges banks to fund infrastructure development in Africa is a post from: Premium Times Nigeria

House in session

The bank chiefs refused to honour the lawmakers’ invitation.

The House of Representatives has threatened to issue a bench warrant against chief executive officers of banks who fail to appear before it over failure to render account …

Reps threaten to order arrest of CEO’s of Skye, Zenith, other banks over tax remittances is a post from: Premium Times Nigeria