Business

Business

Business

Nigeria is finally out of recession as data on the country’s Gross Domestic Product released today by National Bureau of Statistics,  shows that the economy grew at 0.55 per cent in the second quarter of 2017. NBS linked the economic recovery ...
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Business

The Federal Ministry of Finance has confirmed release of N375.8million to the first batch of 20 providers of information under the Whistleblower Policy. The payment, of various amounts totaling N375,875,000, relate to the recovery of N11,635,000,000 . Minister for Finance, ...
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Business

The Central Bank of Nigeria (CBN) has decided to inject another 100 million dollars to authorised dealers as its intervention to stabilise the foreign exchange market on Thursday. This was disclosed in  a statement by the Acting Director ...
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Business

The Central Bank of Nigeria (CBN) has suspended its earlier directive on the implementation of cashless policy. In a circular released on Friday, the apex bank instructed banks to revert to old charges and refund customers who had ...
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Business

The naira Monday appreciated to N403 per dollar in the parallel market following indication that the CBN will sell $20,000 to each BDCs this week, up from the $10,000 usually sold to each BDC. Though the naira closed ...
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Business

Forbes, a renowned American business magazine, has released the list of richest people in Nigeria in 2017. In the latest ranking, nine Nigerians made the billionaires club cut with some, just few million dollars away from reaching the benchmark. ...
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Business

The apex bank made the announcement via its twitter handle this morning ...
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Business

Mo Abudu is the featured guest on this week’s episode of CNN African Voices.  The 30-minute magazine programme premiered on CNN this morning at 10.30 a.m (CAT), with repeat editions scheduled for today, Saturday 25th March at 2.30 ...
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Business

The value of the Naira continued to improve against the dollar as the local currency was traded at N385 to the greenback on Thursday evening in Abuja. Naira had also appreciated against the Euro, exchanging at N400 while remaining ...
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Business

The Central Bank of Nigeria (CBN) has announced that new charges on deposits and withdrawal made by Nigerians in Banks.   In a circular released, the apex bank said the decision was made at the 493rd bankers committee ...
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