Business News

As Nairametrics previously reported, the apex bank informed Nigerians that it will resume the provision of Forex to all commercial...

Bulls slam their brakes on oil prices, as worries grow over heightened US-China trade war

by Olumide Adesina

Brent crude futures went down by about 1% to trade at $26.16 as at 5.45am local time.

Brent crude crashes 5%, oil storage capacity almost full,Brent crude oil surges to $31.55, oil demand picks up, Nigeria and the irony of rising crude oil prices

Oil Market Crisis: Nigerian oil producers are considering production shutdown

by Chike Olisah

It is obvious that the scale of the oil crisis has defied the efforts of OPEC+ and other oil-producing countries,...

Over 82 million Nigerians are poor, northern states dominate list

by Bamidele Samuel Adesoji

The number of Nigerians that are poor have been estimated to be 82.9 million people, this is revealed in the...

Robotic Surgery possibility in Nigeria

by Jenrade Lawal

Surgeries are more reliable when performed with these technologies, as these robots are designed to analyze pre-operation data from medical...

Politics

Nigeria’s Foreign Portfolio investment to crash by $11.4 billion in 2020- IMF

by Abiola Odutola

The liquidity based indicators of the nation remain a concern, as they make Nigeria’s low debt-to-GDP ratio highly vulnerable to...

Opay supports Lagos State #MaskupLagos initiative with donation of facemasks

by NM Partners

Nigerian financial service technology company Opay has joined the Government in rolling out a series of anti-pandemic and relief efforts.

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

CBN, Bankers’ Committee order banks not to lay-off any staff

by Abiola Odutola

The Central Bank of Nigeria (CBN) and the Bankers' Committee have ordered all banks in the country not to retrench...

Appointments

Meet Sunday Thomas, new NAICOM CEO

by Abiola Odutola

President Muhammadu Buhari has approved the appointment of Sunday Thomas as the substantive Commissioner for Insurance/Chief Executive Officer, National Insurance...

What banks might do to avoid getting crushed by Oil & Gas Loans

by Emmanuel Abara Benson