…project executed with 100% raw materials from Nigeria The Federal Government yesterday commissioned a N60billion integrated steel mill in Shagamu, Ogun State…
Category:
Finance
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The Managing Director International Monetary Fund IMF, Christine Lagarde has advised managers of Nigeria economy to re-examine the nation’s fiscal and monetary…
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*Urges Nigerians not to panic The Central Bank of Nigeria, CBN, yesterday threatened to suspend banks that help in fueling speculative demand…
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The Naira on Monday rebounded to gain N6 against the dollar following the Central Bank of Nigeria’s (CBN) plan to upwardly review…
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The Securities and Exchange Commission (SEC) has approved plans by Access Bank Plc to raise N52.6 billion through rights issue for its…
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BusinessEconomyFinanceNews
Gross earnings for accommodation sector stands at N2.5bn in 3 years — NBS
The National Bureau of Statistics (NBS) yesterday said the gross earnings for the accommodation sector stood at N2.5 billion between 2010 and…
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BusinessEconomyFinanceNewsStock Market
Capital market operators seek increase in domestic investors’ participation on NSE
The Association of Stockbroking Houses of Nigeria (ASHON) on Friday said that the nation’s capital market would experience stability with increased participation…
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Commissioner for Finance and Economic Development Ebonyi state Mr Timothy Odah, says the state’s Internally Generated Revenue (IGR) has risen to N1…
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Bullish Momentum Weakens as MPC Retains Policy Stance… NSE ASI gains 15bps Market Cap (N’bn) 9,932.34 Market Cap (US$’bn) 52.51 NSE All-Share…
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The Minister Of Finance, Dr Ngozi Okonjo-Iweala, said on Tuesday said that the Federal Government had no plans to review the oil…
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EconomyFinanceNews
Central Bank of Nigeria Communique No. 99 of the Monetary Policy Committee Meeting of Monday 19th and Tuesday 20th January, 2015
The Monetary Policy Committee (MPC) met on January 19 and 20, 2015 against the backdrop of challenging external conditions and downside risks…
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On Sunday the federal government reduced petrol price to N87 from N97 it previously sold. Reduction of fuel prices is a welcome…
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The recent decisions of the Central Bank of Nigeria (CBN) to further tighten money supply have heightened competition for the retail segment…
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The German Development Bank – KFW has earmarked $200 million to support the development of renewable energy in the country. The leader…