Why grains importation won’t happen soon – Stakeholders
There may be delay in implementation of the zero-tariff grains importation policy of the federal government as Financial Vanguard reliably learnt at the weekend that the Nigeria Customs Service (NCS) is yet to receive a comprehensive list of the firms to select for participation in the intervention programme.
Recession: We can’t cut interest rate, CBN tells Adeosun
The lack of coordination between the nation’s fiscal and monetary authorities has become manifest as the Central Bank of Nigeria, CBN, yesterday, refused to cut interest rate, as suggested by the Minister of Finance, Mrs. Kemi Adeosun.
We’ll fast-track solutions to recession – Buhari
President Muhammadu Buhari, yesterday, said the Federal Government was considering fast-tracking the solutions to engender a rebound in the country’s economic fortunes.
RECESSION: The worst is over —CBN GOV
Governor of the Central Bank of Nigeria, CBN, Mr. Godwin Emefiele, and managers of the nation’s economy, Senator Udoma Udo Udoma, Minister of Budget and Planning; and Mrs. Kemi Adeosun, Minister of Finance, yesterday, said the nation’s economic crisis will soon come to an end, insisting that “the worst is over.”
Buhari begs Nigerians for support, cooperation as ministers gear up to fight recession
Alarmed by the dwindling fortunes of Nigeria, President Muhammadu Buhari, yesterday, brainstormed with his key ministers and financial experts from the public and private sectors, to find ways of fixing the troubled economy
Return economy to Jonathan’s era and resign, PDP tells Buhari
The Emir of Kano, Muhammad Sanusi II, has called on the Federal Government to seek the advice of economic experts in tackling the current economic crisis in the country.
UN body, research groups predict higher prices
A United Nations, agency, Food and Agricultural Organisation, FAO, and private sector institutions in the country predicted, yesterday, that inflationary pressures may still be on the nation’s economy through to the end of the year, contrary to some indicators, which pointed to a waning cost-push consumer price increases.
Patience’s $31.4m saga: She has the right to own such amount – McDaniels
Some members of the House of Representatives, yesterday, advised security agencies to conclude investigations before smearing the image of Nigerians in the media.
FG has no excuse not to fix economy – Saraki, Bishops
The Senate President, Dr Abubakar Bukola Saraki, said in Ilorin, yesterday, that the Federal Government, led by All Progressives Congress, APC, has no excuse not to fix the nation’s ailing economy.
How soldiers seized Jonathan linked multi billion naira firm
A development that may rock the relationship between the Nigerian Army and the Federal Capital Development Administration, FCDA, is building up and may crystallise into a show of force or legal tussle.
Security : INEC buckles, shifts Edo gov polls
THE fog of uncertainty beclouding conduct of the Edo State governorship election has cleared. The Independent National Electoral Commission, INEC, last night, yielded to security advice and postponed the election to Wednesday, September 28, 2016.
