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...
FG Sets Aside N177bn to Retire Maturing Bonds The Federal Government has set aside a total of N177.46bn in the 2017 budget as a sinking fund...
Cooking Gas Price Rises to N4,500 There is wide spread condemnation of the recent increase in the price of cooking gas in Lagos. The News Agency...
Active Telecom Subscribers Rose by 435,343 in Nov The Nigerian Communications Commission, NCC, has said that active users of telecommunications services in the country increased to...
FG Slashes Import Duties On 115 Items The Federal Government, in a bid to promote development in critical sectors of the economy, has approved a reduction...
Nigeria, Other Investments in FinTech Hit $800m Investments in Financial Technology (FinTech) in Nigeria and other parts of Africa have moved from about $198 million in...
Real Sector Gets CBN’s $2.5b Forex in Four Months Amid foreign exchange scarcity, the nation’s real sector operators were able to access about $2.53 billion at...