NIGERIA RECORDS N6.52 TRN TRADE SURPLUS IN Q1’24
The first quarter of 2024 (Q1'24) saw a trade surplus of N6.52 trillion for Nigeria. This is a quarter-on-quarter (QoQ) rise of 79 percent over...
NGX RECORDS N132BN MARKET CAPITALIZATION GAIN
The Nigerian Stock Exchange recorded a N132 billion market capitalization gain at the close of trading on Wednesday. Accordingly, the market capitalization opened at N56.031...
MINIMUM WAGE: NIGERIAN GOVT CAN PAY N500,000 WITH ACTIVE PRODUCTION ECONOMY – MOGHALU
A former deputy governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu, has said the Nigerian Government can pay N500,000 as the minimum wage...
BREAKING: NDIC TO COMMENCE PAYMENT OF HERITAGE BANK’S DEPOSITORS THIS WEEK
As of this week, depositors of Heritage Bank (in liquidation) will be paid their insured deposits. This was disclosed by the Managing Director (MD) of...
WHY WE REVOKED HERITAGE BANK’S OPERATING LICENSE — CBN
NDIC commences liquidation, to pay customers N5m insured deposit The Central Bank of Nigeria (CBN), revoked Heritage Bank's operating license on Monday, citing the bank's...
BREAKING: CBN REVOKES HERITAGE BANK’S OPERATING LICENSE
The Central Bank of Nigeria (CBN) has revoked Heritage Bank's operating license. The Acting Director, Corporate Communications, CBN, Hakama Sidi Ali, disclosed this in a...
FG, NESG SIGN MoU ON FINANCIAL FRAMEWORK FOR CREATIVE INDUSTRY
…as Minister reassures on $100bn contribution to GDP by 2030 On Friday, the Federal Government through the Ministry of Arts, Culture, and the Creative Economy...
UPDATE: NIGERIA SECURES $30 BILLION INVESTMENT COMMITMENT IN ONE YEAR – MINISTER OF INDUSTRY
Over $30 billion in investment commitments were made to Nigeria in the last year, according to Minister of Industry, Trade, and Investment Doris Uzoka-Anite. In...
ZENITH BANK GMD/CEO, ONYEAGWU WINS BEST BANKING CEO AWARD IN AFRICA
For the second year in a row, Dr. Ebenezer Onyeagwu, the Group Managing Director and Chief Executive Officer of Zenith Bank Plc, has won the...
WE’LL CREATE CONDUCIVE ENVIRONMENT THAT’LL ATTRACT INVESTMENT, ENSURE BUSINESSES THRIVE IN LAGOS – MCCTI COMMISSIONER
By Ajape Sefiu A. The Lagos State Commissioner for Commerce, Cooperatives, Trade and Investment, Mrs. Folashade Ambrose-Medebem, has reiterated the Ministry and the State's commitment...