Interbank, BDC Rate Gap Drops to 23% The Central Bank of Nigeria (CBN) backed Monetary Policy Committee (MPC) members have lauded the convergence of foreign exchange...
‘N88b Debt, Recession Threaten Metering’ Over N88 billion debt owed by customers and the economic downturn are responsible for the slow metering of consumers in Ikeja...
NSE Okays N59b Rights Issue for Unilever Nigeria The Nigerian Stock Exchange (NSE) has approved Unilever Nigeria PLC’s plan to raise N58.9 billion in new supplementary...
Mines and Steel Ministry Eyes N9.7tn Contribution to GDP The Ministry of Mines and Steel Development says it will contribute $27bn about (N9.7tn) to the Gross...
NASD Recorded 121% Rise in Trade for 2016 The NASD Plc said the number of trades executed on NASD over-the-counter market rose by 121 per cent...
Magu Told UK Not to Give me Visa, Says Patience Mrs Patience Jonathan, the wife of former President Goodluck Jonathan, said the acting Chairman of the...
How FG Spent $4.8bn Foreign Loans in Two Years The Federal Government obtained about $4.8bn from various foreign sources in the last two years. The loans...
CBN Developing Home-grown Solutions to Tackle Economic Crisis Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, Sunday said the bank has been developing home-grown policies...
Equities Market Declines on Portfolio Re-balancing, Profit Taking A combination of profit taking, portfolio re-balancing and disappointing corporate results by some companies last week dampened the...
Forex Weekly Outlook July 10-14 The US economy added 222,000 jobs in June to sustain the ongoing solid labor market. However, the unemployment rate rose to...