The CBN expects to achieve 2.38% GDP growth rate in the fourth quarter of 2019. This means that Nigeria’s population will grow faster than its production.
The Emir of Kano, Muhammadu Sanusi II, has spoken on the recent constitution of an Economic Advisory Council (EAC) by The Nigerian President Muhammadu Buhari.
The recent directive by Nigerian President Muhammadu Buhari to the Central Bank of Nigeria (CBN) that it should stifle food importation has been generating controversy in the country with the main opposition party describing it as “mean, ill-timed and completely against the wellbeing of Nigerians”.
The prices of food items in Nigeria may be on its way up as President Buhari Tuesday in Daura, Katsina State, disclosed that he has directed the CBN to stop providing foreign exchange for importation of food into the country.
The Central Bank of Nigeria (CBN) and 14 other banks out of the 17 ordered by an FCT High Court to show cause why plea for garnishee of alleged accounts operated by […]