Business News

Nigeria's Justice Minister, Abubakar Malami, disclosed over the weekend that negotiations had begun towards a possible resolution.

Nigeria bonds declines ahead of S&P credit rating review

Business News

Zainab Ahmed to head Nigeria’s delegation to World Bank, IMF

by Joseph Olaoluwa

Zainab Ahmed, the Minister of Finance, Budget and National Planning, will be heading Nigeria's delegation to the 2019 annual meetings...

Forte Oil, profit, Prudent Energy tenders another take-over offer for Forte Oil, Forte Oil's records 1408% profit growth in nine months , Ardova Plc announces board meeting and closed period, Ardova Plc announces board meeting and closed period

Business News

Forte Oil Plc announces close period ahead of Q3 2019 results

The Board of Directors of Forte Oil Plc has announced that the company would observe a close period of trading...

Business News

Buhari enjoined to appoint Emefiele, others in Economic Advisory Council

President Muhammadu Buhari has been urged to include Godwin Emefiele, Zainab Ahmed as well as some other ministers in the...

Bureaux De Change operators unanimously warn against proposed VAT increment

Business News

Bureaux De Change operators warn against proposed VAT increment

The Association of Bureaux De Change Operators (ABCON) has warned the Federal Government against the proposed increment in VAT.

diaspora remittances, Total credit to the economy rose to N19.54trillion – CBN Governor, CRR debits, P-AADS, #EndSARS: CBN says funds in frozen accounts may be linked to terrorist activities, Covid-19: Court closures impacted revenue generation for courts - Emefiele, P&ID dispute: UK Court orders $200 million guarantee to FG, Leaked letter by Poultry Farmers Association triggered CBN emergency approval to import maize, nImplications of CBN's latest devaluation and FX unification, current account deficit, IMF, COVID-19, CBN OMO ban could give stocks a much-needed boost , CBN’s N132.56 billion T-bills auction records oversubscription by 327% , Nigeria pays $1.09 billion to service external debt in 9 months , Implications of the new CBN stance on treasury bill sale to individuals, Digital technology and blockchain altering conventional banking models - Emefiele , Increasing food prices might erase chances of CBN cutting interest rate , Customer complaint against excess/unauthorized charges hits 1, 612 - CBN , CBN moves to reduce cassava derivatives import worth $600 million , Invest in infrastructural development - CBN Governor admonishes investors , Credit to government declines, as Credit to private sector hits N25.8 trillion, CBN sets N10 billion minimum capital for Mortgage firms, CBN sets N10 billion minimum capital for Mortgage firms , Why you should be worried about the latest drop in external reserves, CBN, Alert: CBN issues N847.4 billion treasury bills for Q1 2020 , PMI: Nigeria’s manufacturing sector gains momentum in November, CBN warns high foreign credits could collapse Nigeria’s economy, predicts high poverty, MPC Member, BVN, Fitch, Foreign excchange (Forex), Overnight rates crash after CBN’s N1.4 trillion deduction, Nigeria’s foreign reserves hit $36.57 billion; Emefiele keeps his word on defending the naira, CBN to support maize farmers, projects 12.5 million metric tons in 18 months, BREAKING: CBN Upscales Greenwich Trust Limited, grants it's operational license for merchant banking, AGSMEIS: CBN expand beneficiaries to 14,638., CBN expands access to mortgage financing

Business News

CBN clears air on Diaspora Remittances, official inflows $2.6bn not $26bn

by Abiola Odutola

The Central Bank of Nigeria (CBN) has disclosed that the official inflows of the remittances of Nigerians living abroad to the...

Uber sacks over 400 staff for the second time in 3 months

Business News

Uber is acquiring a grocery delivery startup

Uber has announced that it will be acquiring a grocery delivery startup, Cornershop. The company made it known that it is expecting its acquisition of a majority...

Business News

CBN channels financial inclusion drive on women, MSMEs, others

CBN has announced that more attention will be given to women, MSMEs, and the northern part of the country to...

MPR, CBN, GTBank, CBN disagrees with IMF, says land border closure boosting local production, Border closure: Emefiele says Benin, others must engage Nigeria before borders are reopened , bvn 2.0, CBN reveals banks’ foreign assets rise to N14.19 trillion in 2019

Business News

CBN gives new directive to facilitate efficient payments system

The CBN has given a new directive for Indirect Participants in Payments System, in a bid to facilitate the efficiency...

FAAC, IGR, Fiscal federalism in Nigeria, NEC Inauguration, Bailout Fund: FG begins deduction of N614 billion from states’ allocation in 2 weeks , Ekiti, Enugu, Bayelsa, 12 others attract no investment in 1H , States’ debt stock, Fiscal federalism

Business News

Ekiti, Enugu, Bayelsa, 12 others attract no investment in half year 2019

by Abiola Odutola