BUSINESS NEWS: STOCKS AND DOLLAR CLIMB, BITCOIN HITS RECORD HIGH
As traders followed the lead from events in China and the United States, US and European markets surged higher, the dollar appreciated, and bitcoin continued...
NAIRA DEPRECIATES AGAINST DOLLAR BY 0.6%
The Naira depreciated on Wednesday at the official market, trading at N1,681.65 to the dollar. Data from the FMDQ Exchange’s official trading platform, which...
BUSINESS NEWS: BOOSTING SMALL BUSINESSES INTEGRAL TO ECONOMIC REFORMS – FG
The Minister of Information and National Orientation, Mohammed Idris, has said that boosting small businesses is integral to the economic reform agenda of President Bola...
PRESSURE BUILDS ON NAIRA, FALLS TO N1,740 ON PARALLEL MARKET
There are signs that the local currency is about to entirely reverse its gains as the depreciation trend reaches a new high, reaching N1,740/$1 on...
NO LOAN REQUEST FROM NIGERIA, IMF CLARIFIES
The International Monetary Fund (IMF) on Friday, clarified that the Nigerian Government did not make any loan request from the lender. This declaration is in...
JUST IN: NO DEADLINE ON OLD NAIRA NOTES – CBN DEBUNKS FAKE NEWS
The Central Bank of Nigeria (CBN) on Thursday night, debunked news making the rounds in a section of the media, that; old series of the...
LAGOS GOVT EMPOWERS ANOTHER 280 BENEFICIARIES WITH FINANCIAL AID
The Lagos State Government has presented cheques to another set of 280 beneficiaries, recently at Alausa, Secretariat, Ikeja. This, according to the state government is...
WALE OYEDEJI APPOINTED FBNHoldings’ NEW GMD
FBNHoldings has announced the appointment of Adebowale Oyedeji as its new Group Managing Director. This was disclosed in a corporate notice filed with the Nigerian...
NNPC, CHEVRON DISCOVER OIL IN NIGER DELTA
The NNPC Limited – Chevron Nigeria Limited Joint Venture (NNPC-CNL JV) has made a significant near-field oil discovery with the successful drilling of the Meji...
‘WE ARE STILL WITHIN LIMIT’, SANWO-OLU DISMISSES LAGOS DEBT WORRIES
The Lagos State Governor, Babajide Sanwo-Olu, has dismissed worries in some quarters over the rising debt profile of the state, saying that Lagos is still...