Ecobank has extended its zero charge fee for digital money transfers below N5,000 till the end of September this year. In addition…
Category:
Economy
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The Standards Organisation of Nigeria has raised a red alert on the discovery of suspected substandard Toyota brand of engine oil in…
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IFC, a member of the World Bank Group, today announced a $50 million loan to Nigeria’s First City Monument Bank (FCMB) Limited…
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Deputy Governor Central Bank of Nigeria (CBN) Aishah Ahmad has said that 17 banks submitted requests to restructure over 32,000 loans for…
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The Management of the Standards Organisation of Nigeria (SON) has disowned a purported ultimatum to Manufacturers and Importers on its yet to…
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Nigerians have been advised to move from the realm of denial, anger and accept the reality of the ‘new normal’ occasioned by…
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Aviation unions have threatened to shut down the Nigerian Airspace Management Authority ,NAMA, operations if the agency goes ahead with its planned…
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Sub-Saharan Africa’s gross domestic product is expected to shrink by 3.2% this year due to the impact of the COVID-19 pandemic, the…
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The Central Bank of Nigeria (CBN) says the Governor, Godwin Emefiele, and his team at the Bank will not be deterred in…
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Access Bank Plc has unveiled a digital lending portal to provide access to finance for Small and Medium Enterprises (SMEs) in the…
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EconomyFinanceNews
Nigeria in talk with World Bank, others to raise $6.5bn, gets $750m support for power sector
Nigeria is continuing its discussions with the World Bank and other multilateral lenders to raise $6.5 billion, the finance ministry said. Meanwhile…
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Nigeria foreign exchange market got a boost of Forex from $38.1 to $63.44 million an increase of 66.42%. The increase is a…
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President Muhammadu Buhari has in Abuja cautioned that the ambition for Eco regional currency can be in ‘serious jeopardy,’ unless member states…
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The West African regional bloc ECOWAS is backing Nigeria’s candidate to head the World Trade Organization (WTO) and calls on other African…
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The nation foreign currency reserves dropped to $36.3 billion losing $261 million in 15 days. Data published by the apex bank in…