spot_img
HomeNewsEconomy

Economy

‘Unfounded Speculation’- CBN debunks reports it plans to phase out redesigned Naira Notes

The Central Bank of Nigeria has called on the public to reject reports suggesting a withdrawal of the recently redesigned Naira notes from circulation. In a released notice, signed by the acting Director of corporate communication, Isa AbdulMumim on Sunday, April 30 the bank stated...

SIT-AT-HOME: ECONOMIC ACTIVITIES GRADUALLY RETURNING IN ANAMBRA

Monday sit-at-home order in Southeast zone is gradually declining as heavy vehicular and people’s movements were observed in Onitsha and Nnewi, more than the previous weeks in Anambra State. The Monday sit-at-home order in the Southeast by the Indigenous People of Biafra (IPOB) has continued...

EUROPEAN VESSEL OWNERS PLEAD FOR RELEASE OF IMPOUNDED VESSEL THREE MONTHS AFTER DEPOSIT OF $2 MILLION BOND

European owners of vessels are pleading with the Federal Government and the relevant security agencies to release a vessel arrested for drug related issue, MV Karteria The vessel owners called on the National Drugs Law Enforcement Agency, the Navy and the Office of the Attorney...

What does the Ukraine crisis mean for the US?

Russia’s invasion of Ukraine will have an important impact on the US economic and political outlook this year. The conflict will drive up global commodity prices, fuelling inflation and weighing on US economic growth. As a result, we have lowered our forecast for real...

Experts advocate adequate security for national food sufficiency

Several experts in the agribusiness sector on Thursday advocated that the country must end internal conflicts and insecurity to move away from subsistence farming to value-added farming. This was the thrust of a one-day Agritalk Conference, hosted by AVAS Consulting Ltd., with the theme: `Advancing...

GSM Users Express Shock, As Operators Effect Presidential Directive, 24 hours After

... Besiege NIMC State Office in Ibadan to Remedy Situation By Soji Ajibola Global System of Mobile Communication (GSM) service providers have implemented the directive of President Muhammadu Buhari banning mobile lines that are not linked to National Identification Numbers, (NIN). President Buhari had on Monday directed...