Lagos Chamber of Commerce and Industry has said that the disposition of Central Bank of Nigeria to suppress market forces in Nigeria…
Finance
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The Federal Government is set to inject over N600 billion as stimulus response into the agriculture sector. The Minister of Agriculture and…
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The total value of capital importation into Nigeria stood at $1,294.94m in the second quarter of 2020 the National Bureau of Statistics…
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Central Bank of Nigeria CBN is to resume foreign exchange sales to Bureau De Change operators by the end of the month,…
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Senate has directed the Accountant General of the federation to investigate payments amounting to $18 billion as dividends from Nigeria’s investment in…
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The African Export-Import Bank (Afreximbank), Africa’s foremost multilateral trade finance institution, was today announced winner of the Debt Deal of the Year…
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The African Risk Capacity Limited (ARC Ltd) Governance Committee has appointed two new Non-Executive Directors (NEDs), Ms. Sarata Kone-Thiam and Ms. Lade’ A.…
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The Group Managing Director/Chief Executive of Zenith Bank, Mr. Ebenezer Onyeagwu has called for a concerted effort towards diversifying the country’s export…
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At the close of trade, the equities market posted a negative performance as profit-taking in DANGCEM (-0.6%), ACCESS (-2.3%) and ZENITH (-0.6%) pulled…
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Dr Akinwumi Adesina, the President of African Development Bank (AfDB) has been re-elected to serve for a second of five years. The…
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BusinessEconomyFinanceNews
Afrexim provides $400m to Export Trading Group for agricultural productivity, resilience
The African Export-Import Bank (Afreximbank), has approved a $400-million revolving global credit facility agreement for the Export Trading Group (ETG), one of…
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The domestic equities market maintained its bullish momentum as buying interest in STANBIC (+4.5%), FBNH (+1.0%) and GUARANTY (+0.2%) drove the benchmark index…
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Nigerian cocoa output is likely to drop by at least 20% this season as measures aimed at curbing the spread of the…
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BusinessEconomyFinance
CBN goes tough on exporters over forex non-repatriation, Emefiele to meet CEOs of Multinational coys
As part of its effort to increase foreign exchange liquidity in the country, the Central Bank of Nigeria (CBN) has directed all…
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Trading on the Nigerian Stock Exchange (NSE) on Tuesday sustained upward posture, in spite of a negative Gross Domestic Product (GDP) recorded…
