Business News
Business and economic news from Nigeria and around the world.
MTN Responds: ‘We Did Not Repatriate Dollars Illegally’
MTN Nigeria has officially responded to claims that it "illegally" repatriated about $14 billion out of Nigeria. The company claims...
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Airbus Global Expansion Train Arrives Nigeria
Light at the end of the tunnel for the aviation industry?
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Nigeria Is Offering Buyers A Discount To Buy Our Crude Oil
Bloomberg is reporting that Nigeria has cut the price it sells crude for in an effort to regain share of the...
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CBN Just Sold Treasury Bills At These Rates
Nigeria sold 81.47 billion naira ($267.55 million) in short-dated treasury bills at an auction on Wednesday, with mixed yields, data...
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CBN’s Latest Action Reveals Just How Much Forex Deficit Nigerian Companies Have
It's a whooping $815 million
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The BRVM becomes the 1st Stock Market for Islamic Finance In Africa with Five Sukuk Listings amounting to $1.3 Billion
ICD (www.ICD-PS.org) is a multilateral organization and a member of the Islamic Development Bank (IDB) Group. The mandate of ICD...
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Lai Mohammed Believes Digital Switch-Over Can Result In Massive Revenue For FG
It's an initial $2 billion
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CBN Admits A Major Aspect Of Its Forex Policy Is Not Working
If there is any doubt about the problems currently plaguing the forex policies of the CBN, then here you have...
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This Is How Reps Want To Prevent Indigenous Companies From Shutting Down
It is a long overdue move
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These Analysts Explained Why Banks Stopped The Use Of Debit Cards For Forex Transactions
They also explained what it could mean for the exchange rate.
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