FG lists11 high financial value agro products to drive $150bn zero-oil plan
The Executive Director/Chief Executive Officer of Nigeria Export Promotion Council (NEPC), Mr Olusegun Awolowo has come up with another ‘gargantuan’ zero-oil plan that will pump in $150bn to the foreign reserves in the next 10 years. Explaining in Abuja at…
Why CBN kept rates unchanged at November MPC meeting—Rewane, Cordros
Leading economic analysts and development pundits have given insights on why the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC), rose from its November meeting Tuesday to retain the previous standing of all rates. In his assessment, Chief executive…
Falling oil price: Rewane gives FG two options: adjustments or restrictions
Following the observed steady drop in global oil prices, the Managing Director of Financial Derivatives Company Limited, Mr. Bismarck Rewane, has called on the federal government to begin a paradigm shift with downward review of the planned $65 oil benchmark…
CBN mute as experts join IMF to harp on containing rising banking sector risks
For more than one week after the International Monetary Fund (IMF) advised the Central Bank of Nigeria (CBN) “to contain rising banking sector risks,” the apex bank is yet to response. However, even as the CBN is yet to react,…
