Minister of finance Mrs Kemi Adoesun has said that two Nigerian banks are yet to remit Ministries, Department and Agencies of the…
Business News Report
-
-
FCMB Group Plc has announced the re-organisation of its leadership at the Group level, as well as its flagship company First City…
-
BusinessFinanceNews
CBN releases new foreign exchange policy, directs banks to open retail outlets at airports
By omoh Gabriel Central Bank of Nigeria has modified its foreign exchange policy. In a release signed by the Bank Acting Director…
-
The Nigerian-American Chamber of Commerce, NACC, has said that multiple foreign exchange rates ruling in the foreign exchange market creates distortion in the…
-
Nigeria’s National Economic Council an economic advisory body has asked the Central Bank of Nigeria CBN to review its foreign exchange policy. This is…
-
African Development Bank AfDB, said it has disbursed an equity investment of $8.2 million in Shelter Afrique, a Development Finance Institution investing…
-
BusinessEconomyNews
MasterCard foundation makes case for youth employment training strategy in Africa
Innovative research released by The MasterCard Foundation is making the case for a new approach to youth employment training strategies in Africa.…
-
The Central Bank of Nigeria said it was not queried by the Attorney General of the federation on foreign exchange sale as…
-
The Asset Management Corporation of Nigeria on said Arik Air and the other firms belonging to its principal promoter, Johnson Arumemi-Ikhide, was…
-
Central Bank of Nigeria (CBN) has said that it disbursed a total sum of $2.83 billion to intervene in the foreign exchange…
-
Nigeria’s crude oil export will rise by 8,350 barrels of oil per day (bopd) as Green Energy International Limited, GEIL, said it…
-
Nigeria’s $1 billion 15 year government bonds started trading on London Stock Exchange on Thursday. The 15 year Eurobond is the longest ever maturity…
-
Nigeria’s Debt Management DMO, said it has raised N160 billion bonds at its second debt auction this year at yields lower than…
-
Fitch Ratings has revised the Outlook on 4 Nigerian banks to Negative from Stable and affirmed the Long-Term Issuer Default Ratings (IDRs)…
-
The National Bureau of Statistics (NBS), says Consumer Price Index (CPI), which measures inflation again rose by 18.72 per cent (year-on-year) in…