The Director of Banking Supervision, Central Bank of Nigeria (CBN), Mr Ahmed Abdullahi, on Thursday declared that the economy would record tremendous improvement by the third quarter of the year.

Activities on the Nigerian Stock Exchange (NSE) remained on a bullish trend last week as equities gained N659 billion. With exception of Tuesday, the Nigerian equity market traded on bullish momentum all through the week under review. As such, the bullish run has been pushed into the third week in a row.

Kano State Ministry of Agriculture has confirmed that the avian influenza (bird flu), killed no fewer than 13,000 birds in nine farms across the state.

National Youth Service Corps Members are to get N100 million interest-free loans as part of the Skills Acquisition and Entrepreneurship Development (SAED) unit of the scheme.

The fourth edition of ExxonMobil youth development programme, the National Basketball Association and Africare, is expected to empower 10,000 beneficiaries drawn from schools and vulnerable communities.

Prof. Uche Uwaleke, a financial expert, has called on the Central Bank of Nigeria, (CBN) to sustained its intervention in the Foreign Exchange, FOREX, market, as the move is already manifesting positively in many sectors of the economy.

There are Indications that owners of Arik Air which is currently under receivership have concluded arrangement to offset the airline’s debts to the Asset Management Corporation of Nigeria, AMCON, and other creditors.

The Central Bank of Nigeria, CBN, has announced that Manufacturers, airlines, fuel importers and agriculture businesses will now be offered the dollars at a special market intervention.

Acting President, Prof Yemi Osinbajo, has disclosed that the country’s mining sector will receive $600 million investment fund through the Nigerian Sovereign Investment Authority, the Nigerian Stock Exchange and others.

The Central Bank of Nigeria (CBN) has directed all exporters to strictly comply with the Foreign Exchange Manual, as it introduces Form NXP with a view to taking advantage of all exports in the push for increased foreign exchange earnings into the nation’s economy.