Business News
Business and economic news from Nigeria and around the world.
Bubble Season: Naira Depreciates, Nigerian Bond Yields Rise, As Foreign Investors Pull Out Cash.
Yields on Nigeria's 10-year bonds have increased by about three per cent in the past two weeks as investors sell-off...
Read moreDetailsEconomy: Abuja, Five More States To Join Lagos State Cashless Policy -CBN
The Federal Capital Territory, Abuja and five other states in the country will join Lagos State in implementing the cashless...
Read moreDetailsHow To Calculate Cost To Income Ratio?
I am sure some of us who bother reading financial statement of banks may have come in touch with...
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Naira Falling Quickly Against The Dollar. Now At 10 Months Low
Nigeria's naira currency fell to its weakest level in almost 10 months on the interbank market on Friday, driven...
Read moreDetailsWhy Telecoms Can’t Guide Mobile Money -CBN
The Central Bank of Nigeria (CBN) has explained why it is unable to adopt a telco-led approach in the execution of mobile...
Read moreDetailsDid You Know Nigeria Had/Has A Venture Capital Law Packed With Incentives? Check this out…
I was doing some research on Investment laws in Nigeria only for me to bump in on a certain...
Read moreDetailsVideo: 4 Years Today As CBN Gov, Sanusi Says “We Are Exactly Were We Wanted To Be Four Years Ago”. Really??
Very few people will score the CBN Governor very low as he celebrates his four years as head of the...
Read moreDetailsCBN: 75% Of P.O.S Machines In Lagos Are Not Working
About seventy-five per cent of the Point of Sale terminals deployed for the cash-less Lagos initiative of the Central Bank...
Read moreDetailsCash-less: Banks To Enforce Rejection Of Third Party Cheques Exceeding N150,000 From Monday June 3rd
I received a text message yesterday from my Bank as follows; 'Dear Customer, kindly note that from June 1, 2013,...
Read moreDetailsAward Season==>> Sanusi Is Central Bank Governor Of The Year For The Third Time
It appears all the Central Bank Governors are either under-performing or just not interested in vying for this awards. After...
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