The Managing Director, Nigeria Export Import Bank (NEXIM), Mr Robert Orya has said that Nigeria had shifted from exporting raw materials to…
Category:
Economy
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The African Development Bank (AfDB) has said that more than 57 per cent of the people in West Africa are without access…
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Akwa Ibom government has disclosed plan to build a deep water seaport through Public Private Partnership PPP. The government said it has…
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Market Cap (N’bn) 13,650.19 Market Cap (US$’bn) 84.13 NSE All-Share Index 41,339.48 Daily Performance %…
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The Board of United Bank for Africa Plc (UBA) Monday named Mr. Tony O. Elumelu, C.O.N. as Chairman to succeed Ambassador Joe…
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The Federal Government and the Financial Regulatory Authority may tap into the G-20 proposal that will require the top banks in the…
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BusinessEconomyFinanceNewsStock Market
AMCON to sell off shares as stock market recovers N8.5 trn in 5 yrs
THE Asset Management Corporation of Nigeria, AMCON may have begun to offload some of the shares it acquired from the non-performing loans…
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Maya looked on admiringly as the shark swam majestically. Then it turned and started swimming towards her. The shark’s eyes locked with…
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The Central Bank of Nigeria (CBN) has noted some public comments on its recent circular in respect of fees/charges on the extended…
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Nigeria’s total debt stock has again risen to a very high level of N10.4 trillion as at June 2014. The rising debt…
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The world’s worst-ever outbreak of Ebola will inflict economic damage on the West African countries of Guinea, Liberia and Sierra Leone as…
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BusinessEconomyFinanceNews
New requirement for BDCs: CBN’s silence occasions apprehension in forex market * 2,385 BDCs meet new requirements
There is widespread apprehension in the foreign exchange market following the continued silence of the Central Bank of Nigeria (CBN) on the…
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The Central Bank of Nigeria, CBN has given banks operating in the country up to December 31, 2014 to achieve “Highly Secured…
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International oil companies IOC, operating in Nigeria are frustrating government efforts at achieving local content in the oil and gas industry. Manipulations…
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Nigeria and the United States have commenced plans to leverage on US President Barack Obama’s $14bn investment pledge in Africa, for an…