The Central Bank of Nigeria, CBN, weekend stated why the cost of doing business in the country is very high, stressing that it is a component...
Falling Oil Prices Threaten Nigeria’s Earnings, Reserves Accretion The steady rise of Nigeria’s foreign exchange earnings and build-up of external reserves, which started about five months...
Emefiele Warns Currency Speculators on More Losses The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, at the weekend in Lagos, warned foreign exchange...
FCMB Woos Small Businesses With Free Banking Services Small and Medium Scale Enterprises (SMEs) may be in line for a treat, as First City Monument Bank...
Goldlink, FIRS Nurture Better Relations The management of Goldlink Insurance Plc, has received a team of the Federal Inland Revenue Service (FIRS),with the purpose of fostering...
Nigeria May Lose N400bn to Closure of Abuja Airport Nigerian may lose as much as $1 billion (about N400 billion) owing to the temporary closure of...
Equities Market Rebounds on Renewed Optimism It was a positive week at the stock market last week as the Nigerian Stock Exchange (NSE) All-Share Index (ASI)...
INTELS Acquires Largest Crane in Africa INTELS Nigeria Limited has acquired a 600 tonnes Liebherr crane worth USD6 million (N1.83 billion). The acquisition of the crane,...
Domestic Debt Servicing Gulped N1.23tn in 2016 The servicing of Nigeria’s domestic debt gulped N1.23tn in 2016, statistics obtained from the Debt Management Office have revealed....
N701bn Intervention Fund Threatens Power Firms’ Revenues The Association of Nigerian Electricity Distributors has said that the N701bn Power Assurance Guarantee Fund from the Federal Government...