The Central Bank of Nigeria (CBN) has stepped into the inter-bank sector of the Foreign Exchange market, yet again, intervening in…
Category:
Economy
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A vessel carrying 69,842 tonnes of sorghum from the United States bound for China has switched its destination to Dammam, Saudi Arabia.…
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The Plateau Government on Tuesday declared N3.09 billion Internally Generated Revenue (IGR) in the first quarter of 2018. Mr Dashe Arlat,…
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Lagos State Commissioner for Economic Planning and Budget Mr Olusegun Banjo said the state has recorded a revenue of N141.96 billion in…
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World Economic Forum has said that the hype on Blockchain technology is misleading and untrue. In a statement it said “Blockchain…
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Contrary to insinuations, Finance minister Kemi Adeosun and CBN governor Godwin Emefiele, never confirmed they would attend Investors’ Summit in Washington. They…
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Iran banned the use of bitcoin and other cryptocurrencies by banks and financial institutions on Monday amid ongoing debate over how best…
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Chinedu Moghalu, a Nigerian, has been appointed the Senior CommunicationsSpecialist / Head,Communications & Advocacy for the Africa Risk Capacity / United Nations…
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EconomyFinanceNews
Nigeria will Sustain Positive Growth Outlook as External Reserves Hit $47.93bn—Adeosun, Emefiele
…$322m Abacha funds earmark for Social Safety Nets Nigeria’s Minister of Finance, Mrs. Kemi Adeosun and the Governor of Central Bank of…
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The World Bank Group’s shareholders today endorsed an ambitious package of measures that include a $13 billion paid-in capital increase, a series…
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The Nigerian Association of Women Entrepreneurs (NAWE), will be organising a three day National Women Entrepreneurs Summit and Exposition of products and…
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South African telecoms firm MTN has appointed Nigerian investment firm Chapel Hill Denham as lead manager for the initial public offering…
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BusinessEconomyNews
US-Nigeria Investment Summit: SystemSpecs to showcase Nigerian ingenuity in Fintech
SystemSpecs, owners of Remita, the software infrastructure which facilitates payment into Nigeria’s Treasury Single Account (TSA), will fly the Nigerian flag alongside…
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In its relentless move to guarantee liquidity in the foreign exchange market, the Central Bank of Nigeria (CBN) has intervened in…
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The Federal Operation Unit Zone B of Nigeria Customs Service said on Thursday it seized 1, 500 bags of smuggled rice and…