Coronavirus: Airbus Closes Facility in China Airbus, world’s largest airliner manufacturer, on Wednesday announced it has closed production facility in Tianjin due to Coronavirus outbreak. In...
FG to Stop Fish Importation by 2022 In a bid to encourage local production, the Minister of Agriculture and Rural Development, Sabo Nanono, has said the...
FG Seeks Approval for $17bn Loan from China President Muhammadu Buhari led administration on Tuesday defended why the Federal Government needs $29.96 billion loan. According to...
Stock Investors Lose Another N52.1b as NSE Extends Decline Nigerian stock investors on Tuesday recorded another loss as the Nigerian Stock Exchange (NSE) declined by N52.1...
Non-Performing Loans: Lenders Recover 34% of Bad Debt from ICT Nigerian lenders have started recoverying non-performing loan from telecommunication companies, according to a recent report from...
Banks Reconfigured ATM to Dispense Less Cash – Customers Banks’ customers across the country are complaining of banks’ new modus operandi of reconfiguring Automated Teller Machines...
Nigerian Stock Market Loses N160 on Monday The Nigerian Stock Exchange (NSE) loss N160 billion on Monday following weeks of positive run. The NSE All-Share Index...
N2.44trn Currency in Circulation in 2019 The total currency in circulation grew from N2.2 trillion in the month of November to N2.44 trillion in December 2019,...
124.2m Nigerians Living in Poverty Rising poverty amid high unemployment rate and weak new job creation continues to dictate economic prospect of Africa’s largest economy, Nigeria....
Manufacturing Sector Expands at Slower Rate in January Nigeria’s manufacturing activity expanded at a slower rate in the month of January, according to the Central Bank...