Nigeria’s Foreign Commercial Loans Rise to $8.8bn Nigeria’s exposure to commercial loans has risen by 486.67 per cent in the last three years as the loans...
Banks Review Foreign Currency Holdings Commercial banks are revaluing their foreign currency holdings and paying off debts ahead of timeline as dollar liquidity improves. The improvement...
Stanbic IBTC Holdings Lists 64.21m Scrip Shares Stanbic IBTC Holdings Plc has listed about 64.21 million ordinary shares of 50 kobo each to raise its total...
Fed Govt Mulls VAT Removal on Locally Produced LPG The Federal Government is working with relevant agencies to remove the controversial value added tax (VAT) from...
Rising Debt, External Reserves Decline Slow Economy The recent rise in the nation’s debt profile and continued decline in the external reserves are slowing down the...
‘Encourage More Investments in Seaports’ As a way of easing the cargo traffic and the congestion at Apapa/Lagos ports, stakeholders have suggested that government should encourage...
FG’s N500bn Fuel Price Hike Palliative ‘missing’, SSAUTHRIAI Alleges The N500bn palliative package offered by the Federal Government to cushion the effects of the last increase...
Dangote Oil Refinery May be Delayed Till 2022 The oil refinery being built in Lagos by Dangote Group is unlikely to start production until 2022, two...
Investors Lose N287bn as Stocks Take a Hit Investors in the equities market of the Nigerian Stock Exchange lost a total of N287bn on Friday as...
Turkish Lira Crashes to Record Low on Worries Over Economy, U.S. Row Turkey’s lira plunged as much as 14 percent on Friday as worries about President...