Naira Bounces Back After Days in ‘Recession’
The naira opened strong on Monday, recovering from last week’s record low of N425 per dollar at the parallel market. The interbank market also experienced...
Nestle, Airtel, LCCI Others Discuss How to Fix Economy Nigeria’s Economy
Business leaders and chief executives of major companies across the key sectors of the economy yesterday stressed the need for the Federal Government to address...
CBAN: Banks to Accept Movable Assets as Collateral
The Credit Bureau Association of Nigeria (CBAN), Central Bank of Nigeria (CBN) and International Finance Corporation (IFC) are working towards improving access to loan facilities...
Sanusi Advises Buhari: Remove Subsidies, Fix Power to Improve Nigeria’s Economy
Emir of Kano and former Governor of Central Bank of Nigeria (CBN), Muhammad Sanusi, said that until the Buhari-led administration removes subsidies, fixes the...
Naira Declines to N409 on Black Market Following the Suspension of Banks from Forex Transaction
Nigeria’s naira on Thursday declined to N409 to the dollar on the black market, compared to N402 the previous day, after the suspension of some Nigerian...
PAN: $9bn Dangote Investment Will Boost Manufacturing Sector In Nigeria
The General Manager Operations, PAN Nigeria, Engr Augustine Ikebudu Okolo, has disclosed that the investment of Dangote Group in petroleum refining, petrochemical and fertiliser plant...
Central Bank of Nigeria Bars Nine Banks From Forex Transaction
The Central Bank of Nigeria (CBN) on Tuesday barred nine commercial banks from all foreign exchange transactions. According to THISDAY, this was because they failed to...
Report: Nigeria Environment Unsupportive For Business Operations
Sixty-nine per cent of manufacturing companies in Nigeria are of the view that the Nigerian business environment is unsupportive of their operations, a study conducted...
Agriculture: Federal Government Signs MoU with Arla Foods to Boost Diary Production in Nigeria
Chief Audu Ogbeh, the Minister of Agriculture and Rural Development, says the Federal Government is working toward the improvement and development of the dairy sector...
Dangote Advises Business Owners on How to Turn Nigeria Economic Challenges to Opportunities
Alhaji Aliko Dangote, President of Dangote group has advised business owners and start-ups to deploy technological innovations in addressing the economic challenges bedeviling the country....