Business News

Business and economic news from Nigeria and around the world.

Trump proposes $25 billion bailout for U.S. airlines, President Trump approves Oracle, Walmart deal with TikTok, US gives reasons it warned citizens against travelling to Nigeria, lists 12 high risk states, Donald Trump, What does Iran’s war with America mean for Africa?, US to stop issuing visa for Birth Tourism, Trump Travel Ban List: Why Nigeria should be excluded , US spends over $5b in health assistance to Nigeria in 20 years, gives $32.8m for covid-19, Oil Is Back, YouTube suspends President Trump's account

Business News

Now that Oil is back

by Opeoluwa Dapo-Thomas

May 20, 2020

Oil Is Back after Donald Trump tactfully negotiated one of the most important diplomatic deals with Saudi and Russia

Where next for oil prices?, Brent crude futures gained 0.14 to trade at $34.70 at the time this report was drafted, recovering some of its losses earlier in the oil trading session. , Brent crude price fails to remain over $40, concerns over pledge cut strengthens

Business News

Crude oil price rises, as fear of COVID-19 new cases limit rally

by Olumide Adesina

May 20, 2020

Brent crude futures gained 0.14 to trade at $34.70 at the time this report was drafted, recovering some of its...

Money mistakes, How much are you worth in naira per hour?, Naira’s true worth, Naira depreciates to N460 to $1 at the parallel market, despite improved liquidity, Naira appreciates at parallel market as it stabilizes at the forex market, Forex, Naira gains against the dollar at I&E window, forex liquidity up by 66%

Business News

Naira depreciates to N460/$1 at the parallel market, despite improved liquidity

by Chike Olisah

May 20, 2020

Naira weakened against the dollar this represents about 1.1% depreciation when compared to N455 to a dollar that it sold...

400,000 people benefit from NIRSAL scheme , NIRSAL pledges funding support for farmers, NIRSAL explains why it is not yet disbursing N50b CBN facility

Politics

NIRSAL explains why it is not disbursing N50 billion CBN loan

by Chike Olisah

May 20, 2020

Lockdown around Kano, Lagos, Port Harcourt, and incidentally Kaduna and they constitute a significant part of the applicants that applied...

Nigeria Manufacturers Query Introduction of 7.5% VAT on Diesel

Politics

LCCI report affirms need for fiscal authorities to act

by CSL Stockbrokers

May 20, 2020

The report of the LCCI stated that businesses with a focus on non-essential services faced significantly lower demand as consumers...

Politics

A wholistic approach to Nigeria’s power and agricultural sector challenges

by Ruth Okwumbu-Imafidon

May 20, 2020

A wholistic power solution that has all consumers in a single pool will only be reached when the big and small...

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

Politics

Emefiele insists CBN will not sell forex for importation of items produced in Nigeria

by Abiola Odutola

May 19, 2020

FG is determined to return the Nigerian economy to the period when the manufacturing and agricultural sectors formed the base...

TCN to use recapitalisation to force some DisCos out of power sector, TCN explains why system collapse is here to stay

Business News

Minister of Power sacks TCN MD, confirms appointment of Directors

by Abiola Odutola

May 19, 2020

Minister of Power, Engr Sale Mamman sacked the Managing Director of Transmission Company of Nigeria (TCN), Usman Mohammed, and replaced...

Military located bandits in kankara, Q1 2020 National Debt report, Buhari finally speaks on NDDC probe, urges NA to act with a sense of urgency,National Human Rights Commission,Presidency bows to pressure, agrees to demand made by EndSARS protesters, Our economy is too fragile to bear another round of lockdown-Buhari, Zarbarmari: Massacre by Boko Haram is nothing short of senseless, barbaric, gruesome and cowardly- Buhari

Politics

President Buhari appoints new SEC DG, 3 commissioners

by Chike Olisah

May 19, 2020

A new and substantive Director-General for the apex capital market regulator SEC has been appointed President Muhammadu Buhari.

Business News

Impounded aircraft belongs to Flairjet, not Flair Aviation – Minister

by Ruth Okwumbu-Imafidon

May 19, 2020

The aircraft's crew had since been placed in 14-day quarantine, and investigations are still ongoing.

Page 1493 of 2787 Prev 1 … 1,492 1,493 1,494 … 2,787 Next

Nigerian box office records highest Q1 admission rates in 6 years

Nigerian Air Force sets April 18 training date for successful DSSC 34/2025 candidates

Tinubu commissions N73 billion Customs complex in Ogun State

See 10 countries that grant easy citizenship by birth

Business News

Business and economic news from Nigeria and around the world.

Now that Oil is back

Crude oil price rises, as fear of COVID-19 new cases limit rally

Naira depreciates to N460/$1 at the parallel market, despite improved liquidity

NIRSAL explains why it is not disbursing N50 billion CBN loan

LCCI report affirms need for fiscal authorities to act

A wholistic approach to Nigeria’s power and agricultural sector challenges

Emefiele insists CBN will not sell forex for importation of items produced in Nigeria

Minister of Power sacks TCN MD, confirms appointment of Directors

President Buhari appoints new SEC DG, 3 commissioners

Impounded aircraft belongs to Flairjet, not Flair Aviation – Minister

Welcome Back!

Create New Account!

Retrieve your password