A look at Nigeria’s top ten exports in the first quarter of 2019
According to a recent data released by the National Bureau of Statistics (NBS), Nigeria's total trade grew by 2.5% in...
Foreign companies are threatening to leave Nigeria
Foreign companies in Nigeria owned by the Germans, Swiss and Austrians have bewailed the high cost of doing business in Nigeria.
Despite FG’s N900 billion investment, Nigeria’s power sector remains in failing state
The Nigeria power sector has over the years remained in a failing state despite the whooping N900 billion invested into...
CBN acts tough again, gives banks 72 hours ultimatum to resolve customers’ complaints
The Central Bank of Nigeria has hit the hammer on the deposit money banks with a 72 hours ultimatum to resolve customers’...
Nigeria’s power company secures $1.6 billion to boost power sector
The Transmission Company of Nigeria (TCN), has confirmed that it received about $1.661 billion worth of investments from unnamed international donors...
CBN sets N650,000 as accreditation fee for personalised cheques
The Central Bank of Nigeria (CBN) has invited service providers to submit Expression of Interest to be accredited to personalised cheque-based...
CBN says no more interest payment on bank deposits exceeding N2 billion
The Central Bank of Nigeria has directed that banks’ daily deposits placement through the CBN's Standing Deposit Facility, shall no...
EFG Herms thinks CBN’s directives could be damaging to Nigerian banks
Several reactions have continued to trail the Central Bank of Nigeria's recent directive ordering all commercial banks within the Nigerian banking...
Palm Oil Producers want our borders to be “totally shut”
In order to check the increasing cases of smuggling of palm oil products and other products not eligible for foreign...
Nigeria Customs Service impounds textile materials worth over N11 billion
The Nigeria Customs Service (NCS) has disclosed that it impounded 140 bundles of smuggled textile materials worth N11.2 billion in...
