Stocks Drop, Euro Wobbles on Central Bank Outlooks Central banks were the dominant theme for markets on Thursday, with European stocks tracking declines in Asia and...
Dangote to Intensify Local Sourcing of Sugarcane For Refining To consolidate its earnings and position in the sugar industry, Dangote Sugar Refinery Plc has concluded plans...
EU’s Tusk to Meet May in London EU President Donald Tusk will meet British Prime Minister Theresa May in London later Thursday, his office announced, as...
German Factory Orders Recover as Economic Momentum Strong German factory orders rebounded from their steepest decline in eight years in a sign the recovery in Europe’s...
Naira Overvalued by 20%, Says IMF The International Monetary Fund has said Nigeria’s economy needs urgent reform. In a in a report published on Wednesday, it...
Utomi Blames Buhari’s Govt for Recession Prof. Pat Utomi on Wednesday blamed the administration of President Muhammadu Buhari for the economic downturn in the country. He...
FEC Approves $1.3bn Foreign Loans for Development Bank The Federal Executive Council on Wednesday approved credit facilities totalling $1.3bn for the newly-established Development Bank of Nigeria....
Banks’ Non-performing Loans Hit N2tn – CBN The challenging economic situation in the country made the banking industry’s non-performing loans ratio to rise from N1.678bn in...
FG Clears N54bn Pension Arrears The Federal Government on Wednesday said it had cleared the inherited arrears of accrued pension benefits for the years 2014, 2015...
FG’s Economic Model Can’t Work, Says Sanusi The Emir of Kano, Muhammadu Sanusi ll, on Wednesday, faulted the present administration’s economic model, saying it would not...