He didn’t fancy the word “summit”. Similarly, “conference” or “dialogue”did not also seem appropriate to him. And so, he settled for “retreat”, which was a smart way to go to avoid dissent. Smartly also, he tied the retreat to the aprons of the National Economic Council, NEC, a body of governors which he, as Vice President, chairs. Read the insider’s account of how the government of All Progressives Congress, APC, may be searching for new economic ideas.

From oil crash to TSA (Treasury Single Account), to JP Morgan, it has evidently been a trying time for the Nigerian financial sector. It has therefore been a very busy year and a half for the policy managers at the Central Bank of Nigeria. How effectively has the apex bank managed what is arguably one of the most difficult periods in Nigeria’s economic history? Has the bank shown sufficient capacity to manage the crisis in terms of the policy options, given the prevailing policy environment? What are the steps it has taken so far? How have the indicators stacked up in response to the steps taken?

A delegation of the Nigerian Igbo Community in Europe ,NICE , an organization of Igbos living in Europe, led by its International President, Chief Chris Ebede, embarked on a fact-finding mission to Anambra State. The one- week tour was inspired by information gaining momentum in Europe that the region was in steady decline due to long years of neglect by the Federal Government and lack of honest and people-oriented leadership.

Foreign investors withdrew a total of N31.84 billion from the country last month as they continue to sell their interest in the Nigerian Stock Exchange, NSE.

THE Coalition of Civil Society Groups in Nigeria has risen in defence of the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele over threats by a phony group with ties to the predominantly Yoruba speaking southwest, to picket the Governor on CBN’s policies.

Governor Adams Oshiomhole of Edo State has condemned calls for the sacking of the Governor of Central Bank of Nigeria, Godwin Emefiele, describing those behind the calls as “Facebook manipulators and palm wine drinkers.”

Federal Government is to establish weigh-stations at the nation’s seaport to beat the new International Maritime Organisation, IMO, law that makes it compulsory for all consignment meant for export to be weighed before leaving their port of origin.

In an effort to reduce the unemployment rate in the country, the Central Bank of Nigeria, said it has approved the sum of N3 million credit line to each beneficiary of Youth Innovative Entrepreneurship Development Programme, YIEDP.

Nigeria’s financial markets have been hit by the full impact of policy reversal which Central Bank of Nigeria, CBN, announced two days ago with interest rates and bond yields spiking, while stock market went down.

Minister of Transportation, Rotimi Amaechi, has said that the Federal Government is to focus railways and inland waterways as a means of enhancing the nation’s inter-connectivity to reduce the cost of its global trade.