By Omoh Gabriel Business Editor in Washington D.C The Minister of Finance and Coordinating Minister of Economy Dr. Ngozi Okonzo-Iweala said in…
Business News Report
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EconomyNews
Developing countries need to harness urbanization to achieve the MDGs: IMF-World Bank report
By Omoh Gabriel The International Monetary Fund and the World Bank Group yesterday said that Urbanization helps pull people out of poverty…
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Investors on the Nigerian Stock Exchange (NSE) staked N5.85 billion on 573.76 million shares traded in 7,232 deals on Wednesday. The volume…
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Naira lost 10k to the dollar at the Central Bank of Nigeria (CBN) biweekly Wholesale Dutch Auction System (WDAS) on Wednesday. The…
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Nigeria’s stock exchange is reviewing applications from some leading global investment banks to join its trading floor, as reforms aimed at improving…
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Carlyle Group is looking at a number of banks in east and West Africa for a potential investment, its Africa co-head said,…
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The Central Bank of Nigeria (CBN) said on Monday that it sold foreign exchange worth $300 million in the 26th Wholesale Dutch…
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The rebasing of Nigeria’s GDP, which is expected to increase the estimated size of Nigeria’s economy by around 40 per cent, is…
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Activities on the Nigerian Stock Exchange (NSE) opened for the week on Monday on a positive note with market capitalisation appreciating by…
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By Omoh Gabriel In recent times, there has been growing concern over the genuineness of Chinese involvement in Africa and Nigeria in…
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The Nigerian Export-Import (NEXIM) Bank said on Wednesday that it would execute a 60 million dollar Regional Sealink Project for West and…
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By Omoh Gabriel Lagos Chamber of Commerce and Industry, a body of organised private sector operators in the Nation’s commercial center, weekend…
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By Omoh Gabriel The International Monetary Fund IMF has asked the Federal Government to reduce poorly-targeted fuel subsidies, adopt a rule to…
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By Omoh Gabriel The International Monetary Fund IMF, last week advised the Central Bank as well as the federal government to consider…
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Defence Headquarters has said crude oil theft had dropped from 60,000 barrels per day (bpd) to 23,000. The Chief of Training and…