CBN to Sell $500m FX Forwards to Meet Manufacturers’ Pent-up Demand Desirous of ensuring that manufacturers get the required foreign exchange (FX) for the importation of...
3,000 Electrical/Electronics Workers Lose Jobs in Seven Months Local manufacturers of electrical and electronics items, including cables, meters, light bulbs, fittings and accessories, have laid off...
Payment Cards’ Restriction Hurting Banks, Customers The Chairman, Committee of e-Banking Industry Heads and Chief Digital Officer of Wema Bank Plc, Mr. Dele Adeyinka, talks about...
Dubai Returns to Akwaaba African Travel Market in Lagos Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) has announced its return to this year’s Akwaaba...
Power Sector Loses 3,946MW to Constraints The Nigeria Electricity Supply Industry (NESI) yesterday said it lost a total of 3,946 Mega Watts (MW) to gas and...
Nigerians Responsible for $9.3b in Global Loss to Cybercrime Nigeria is responsible for at least $9.3 billion out of the total global loss to the rising...
Redefining Capital in the Nigerian Context According to a recent report by TechCrunch on transportation technology in Israel, “there are twelve companies left standing in the...
Financial Inclusion of Women Can Raise Nigeria’s GDP By 12% A former Minister of Finance, Dr. Ngozi Okonjo-Iweala on Thursday called for policies that would ensure...
US Core Capital Goods Orders Unexpectedly Fall in September New orders for U.S. manufactured capital goods unexpectedly fell in September amid weak demand for computers and...
NLNG to Raise $15b for Train 7 Project Nigeria Liquefied Natural Gas Limited (NLNG) plans to raise $15 billion from the International Capital Market to fund...