In its last sale before the final Monetary Policy Committee (MPC) meeting for 2018, the Central Bank of Nigeria (CBN) on Friday,…
Business News Report
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BusinessNews
Digital Switch-Over: Pinnacle Communications dismisses report of Fraud charge, fake news
Pinnacle Communications Limited has dismissed as untrue reports alleging that the firm is being investigated by the anti-graft agency, Independent Corrupt Practices and…
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The Economic and Financial Crimes Commission(EFCC) has boosted the Federal treasury with the sum of N1.37 billion, which no one stepped out…
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Oil rose on Friday on hopes that supply cuts will be agreed at OPEC’s meeting on Dec. 6, but failed to recoup…
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The House of Representatives committee on Maritime is investigating 12 foreign shipping firms’ local agents accused of diverting $300 million federal government fees for…
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EconomyFinanceNews
Borrowing by low, middle-income economies more than tripled in 2017—World Bank Report
Borrowing by low and middle-income economies from external official and private creditors surged to $607 billion in 2017 from $181 billion the…
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Federal Government is muting the idea of setting up another Peoples Bank. This time it is to boost Small and Medium Scale…
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Ghana will seek to raise as much as $750 million through a sale of shares in a fund that will hold the…
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General Electric said it has divested from transportation and handed over the leadership of a consortium chosen to run a Nigerian rail…
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The downtrend in the domestic equities market was sustained in today’s session as the benchmark index slid 0.8% to settle at 32,108.92…
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Red Star Express has received a new chairman to head its Board of Directors. This became necessary as the incumbent chairman, Dr…
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A probe by the Senate into whether NNPC improperly withdrew money has expanded with the amount under investigation doubling to over $2.2…
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Technology giant, Apple, has won an international award for making details of its supply chains public in a bid to boost transparency…
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The Central Bank of Nigeria (CBN) has warned that electronic fraud losses in the banking system would reach N6.1 trillion by 2021.…
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EconomyFinanceNews
Afreximbank launches facility to raise viability, bankability of African projects
The African Export-Import Bank (Afreximbank) has launched a project preparation facility aimed at increasing the availability of viable well-prepared projects in Africa…