ECONOMY
NSE to suspend trading on Skye Bank shares
NSE to suspend trading on Skye Bank shares – The Nigerian Stock Exchange on Friday officially notified the investing public that Skye Bank Plc shares would […]
ECONOMY
ECONOMY
Nigeria’s foreign debt rises by 17% H1’18 to $22.1bn
Nigeria’s foreign debt rises by 17% H1’18 to $22.1bn – The National Bureau of Statistics (NBS), in a recent report said that Nigeria’s foreign debt at […]
ECONOMY
MTN shares rise 8.9 per cent on planned CBN meeting over $8.1b claim
MTN shares rise 8.9 per cent on planned CBN meeting over $8.1b claim – MTN shares rose by 8.9 per cent on the Johannesburg Stock Exchange, […]
ECONOMY
CBN injects $210m into foreign exchange market
CBN injects $210m into foreign exchange market – Central Bank of Nigeria (CBN), again on Tuesday intervened in the inter-bank foreign exchange market to the tune […]
ECONOMY
CBN Dangles Higher Treasury Bills Returns before Investors
CBN Dangles Higher Treasury Bills Returns before Investors – As investors’ appetite for longer tenor treasury bills remained strong with demands for higher rates at last […]
ECONOMY
CBN tasks financial institutions on funding MSMEs
CBN tasks financial institutions on funding MSMEs – CENTRAL Bank of Nigeria (CBN) Governor Godwin Emefiele has urged the financial institutions in the country to fund […]
ECONOMY
Price of Rice Gradually Reversing to its Old Order
Price of Rice Gradually Reversing to its Old Order – Nigerians would need to brace up for another round of hardship, with the soaring price of […]
ECONOMY
Textile workers seek reduction of exchange rate
Textile workers seek reduction of exchange rate – The Textile, Garments & Tailoring Senior Staff Association of Nigeria (TGTSSAN) has appealed to the Federal Government to […]
ECONOMY
BUA Group CEO Announces Plan to Set up Cement Factory in Ebonyi State
BUA Group CEO Announces Plan to Set up Cement Factory in Ebonyi State – Chief Executive Officer (CEO) of BUA Group, Mr Kabiru Rabiu during a […]
ECONOMY
MPC seeks 5% interest rate on loans to farmers
MPC seeks 5% interest rate on loans to farmers – A member of the Central Bank of Nigeria (CBN)-led Monetary Policy Committee (MPC) Balami Hassan wants […]
ECONOMY
Nigeria to explore avenues to benefit from Green Climate Fund
Nigeria to explore avenues to benefit from Green Climate Fund – The Federal Government has said it will explore avenues to ensure that the country benefited […]
ECONOMY
Nigeria’s External Debt Rises by $11.7 billion in 3 Years – DMO
Nigeria’s External Debt Rises by $11.7 billion in 3 Years – DMO: In three years, Nigeria has increased its external debt commitment by $11.7 billion. According […]
ECONOMY
Naira gains against dollar at parallel market
Naira gains against dollar at parallel market – The Naira on Tuesday gained one kobo to exchange at N359 to the dollar, stronger than N360 posted […]
ECONOMY
CBN forex interventions hit $963m in August – Report
CBN forex interventions hit $963m in August – Report: The total foreign exchange (forex) interventions by the Central Bank of Nigeria (CBN) stood at $963 million […]
ECONOMY
CBN to disburse N220 billion to Enterprises Development Fund
CBN to disburse N220 billion to Enterprises Development Fund – The Central Bank of Nigeria (CBN) said it had set aside N220 billion to be disbursed […]
ECONOMY
Leather industry gets boost as BoI embraces made in Aba
Leather industry gets boost as BoI embraces made in Aba – Nigeri’s leading development finance institution, the Bank of Industry, is on the threshold of becoming […]
ECONOMY
Naira depreciates against dollar at investor’s window
Naira depreciates against dollar at investor’s window – Naira on Friday depreciated marginally against the US dollar at the investors’ window, exchanging at N362.64 compared to […]
ECONOMY
Nigeria, Germany sign MoUs on agriculture, commerce
Nigeria, Germany sign MoUs on agriculture, commerce – Nigeria and Germany on Friday in Abuja signed two Memoranda of Understanding (MOU) in agriculture and commerce. The […]
ECONOMY
Nigeria to exploit green fund for development – Minister
Nigeria to exploit green fund for development – Minister: The Federal Government said on Thursday that it would explore all possible avenues to ensure that Nigeria […]