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BUSINESS NEWS
Business and Economic News from Nigeria
Buhari insists "no kobo" for food imports sending a loud message to CBN to ban forex for importation for food and fertilizer
MDs of three commercial banks who resigned from the NESG 'provided' further comments explaining the reason for their actions.
A report recently released by the DMO reveals that the country's debt has hit N31 trillion.
The President would rather empower local farmers and producers than give forex to importers of fertilizer.
The Debt Management Office revealed that Nigeria's debt stock increased by N2.381 trillion.
The price of rice is expected to increase as the festive period draws near.
Despite renewed optimism, several factors tend to continue pushing oil prices downwards.
FG would resort to holding minority shares after giving up the refineries to investors.
Even though there was a little appreciation in the NAFEX window, the Naira depreciated at the black market.
For Q2 2020, households' demand for all lending types increased.
The new issue will be made to redeem the existing N30 billion bond which was issued at 16.48%.
Shoprite Nigeria reported a loss after tax of R87 million in the period under review.