Ecobank it has said started implementing the CBN scheme which offers N5 for every Dollar received into domiciliary accounts or as cash…
Category:
News
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The Edo State Government is collaborating with the United Nations Industrial Development Organisation (UNIDO) on the realisation of the state’s industrialisation drive,…
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BusinessEconomyNews
Kaduna Airport will remain open despite bandit attack, abductors yet to make contact with NAMA
The Federal Airports Authority of Nigeria, FAAN, has said the Kaduna International Airport will not be close to flight operations despite Saturday’s…
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Further to the introduction of its new “CBN Naira 4 Dollar Scheme” which comes into effect on Monday, March 8, 2021, the…
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The Management of Macana Company Limited, an investor in solid minerals in Edo, has urged the Federal Ministry of Mines and Steel…
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The Central Bank of Nigeria CBN said it will pay an additional N5 per USD to recipients of money transfer from Nigerians…
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FinanceIndustryNews
CBN restates support for manufacturing firms in Nigeria, stresses on import substitution
The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has restated the Bank’s resolve to encourage firms willing to invest in…
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The Standards Organisation of Nigeria (SON) Governing Council has approved ninety-six (96) new Nigerian Industrial Standards for national use which cut across…
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The Central Bank of Nigeria (CBN) says 3.8 million farmers have so far benefited from its Anchor Borrowers’ Programme (ABP). Mr Yila…
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EconomyFinanceNews
Afrexim, AfCFTA briefs Ghana president on progress of Pan-African Payments and Settlements System
From left to right, Governor of the Central Bank of Ghana, Dr. Ernest Addison; President of Afreximbank, Prof. Benedict Oramah; President of…
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The coming of the Nigeria Maritime University was instrumental in bringing about peace and reconciliation in the Niger Delta following a period…
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FinanceNewsStock Market
Nigerian Financial market performance during the week: Equities Market sell pressures sustained
The equities market sustained previous week’s sell-offs with trades closing southwards on all trading sessions save Monday. Consequently, the benchmark index lost…
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NewsOil and Gas
NNPC to partner Usmanu Danfodiyo University on development of energy conversion, storage
The Nigerian National Petroleum Corporation (NNPC) and the Usmanu Danfodiyo University, Sokoto, have pledged to collaborate on the development of energy inter-conversion…
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Brent crude oil prices rose to $67 buoyed by speculation that the Organisation of the Petroleum Exporting Countries and their Russia-led allies,…
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The equities market maintained its downtrend today as the benchmark index fell 40bps to 39,364.67 points due to price declines in NIGERIAN BREWERIES (-3.9%), DANGSUGAR (-6.3%) and UBA (-3.6%).…