China Sets Biggest One-day Yuan Rate Increase Since 2005 China on Friday (Jan 6) raised the exchange rate for the yuan against the US dollar by...
Offshore Yuan Drops on PBOC Move; Japan Shares Fall China’s offshore yuan slumped after the central bank strengthened its currency fixing by the most in more...
Customs May Lose 50% Revenue to Ban on Vehicles Importation Following the federal government ban on the importation of vehicles through the land borders, the Nigerian...
Vitafoam Recommends N125m Dividend for Shareholders The Board of Directors of Vitafoam Nigeria Plc has recommended a dividend of N125 million for the shareholders for the...
NUPENG Shuts Total’s Depots Over Job Loss Threat The Nigeria Union of Petroleum and Natural Gas Workers on Thursday ordered the shutdown of fuel depots belonging...
Airlines Oppose Abuja Airport Closure The Federal Government on Thursday explained to aviation stakeholders why the Nnamdi Azikiwe International Airport, Abuja must be shut for six...
CBN Borrows N173bn via Treasury Bills The Central Bank of Nigeria sold N172.85bn ($550m) at its first Treasury bill sale of the year on Wednesday with...
External Reserves Rise Further to N26.2bn The country’s external reserves rose to $26.2bn on January 4, 2017, up from $25.8bn on December 30, 2016, the latest...
Textile Manufacturers Demand Remittance of N350bn Development Fund Textile manufacturers in Nigeria are seeking the implementation of the Textile Development Fund Levy policy and the remittance...
NAHCO, Guinness, Dangote Flour Lead N98bn Market Loss The Nigerian Aviation Handling Company Plc, Guinness Nigeria Plc and Dangote Flour Plc emerged as the top three...