Banks Borrow N671bn From CBN in Five Days The Deposit Money Banks in the country borrowed the sum of N671.47bn from the Central Bank of Nigeria...
Naira Depreciates to 365/dollar Despite CBN Interventions The naira depreciated marginally by 0.55 percent at the parallel market week-on-week to close at N365 on Friday. The...
Forex Weekly Outlook December 18-22 The ongoing U.S. tax reform continued to dictate global financial markets. However, with the reform likely to go through this week,...
Emirates Returns to Abuja Route After One Year Emirates Airlines, on Friday returned to Abuja route with 95 passengers and 17 crew members on board its...
NEPC Plans to Develop C’River Cocoa for Export The Executive Director/Chief Executive Officer, Nigerian Export Promotion Council, Mr. Olusegun Awolowo, has said that developing the Cross...
External Reserves Rise to $36.8bn Nigeria’s external reserves rose by $1.91bn in the first two weeks of this month, a Central Bank of Nigeria’s report indicated...
Import Duties Frustrate Car Imports, Fuels Smuggling – NPA Duties on car imports aimed at boosting local production have reduced the number of vehicles brought into...
Deutsche Bank Says Japan’s Retail Investors Are Behind Bitcoin’s Surge It’s not drug dealers and tax cheats, it’s Mrs. Watanabe. That term is often used to...
World’s Biggest Pension Fund Says AI Will Replace Asset Managers Hiromichi Mizuno was named chief investment officer of Japan’s Government Pension Investment Fund, the world’s biggest...
Telcos, ISPs Frustrating IPv6 Adoption by Networks There are indications that telecommunications operators and traditional internet service providers (ISPs) in the country are frustrating adoption of...