BANKS in satellite towns of the Federal Capital Territory (FCT), on Saturday opened for business as directed by the Central […]
RCategory: Economy
PTAD set to unveil “I Am Alive” confirmation portal for pensioners
THE Pension Transitional Arrangement Directorate (PTAD), says it would unveil “Am Alive” Confirmation solution on April 14, according to Mr […]
CBN confirms evacuation of banknotes, directs banks to open for weekend operations
THE Central Bank of Nigeria (CBN), has confirmed the evacuation of banknotes from its vaults to commercial banks across the […]
Food prices continue to rise in February- NBS
THE National Bureau of Statistics (NBS), said that prices of food items such as yam, rice and beef witnessed increases […]
Cooking gas price increased by 24.05% in one year – NBS
THE National Bureau of Statistics (NBS), says the average price of 5kg of cooking gas increased from N3,708.58 in February […]
Naira falls to dollar, exchanges at N461.67
THE Naira on Thursday depreciated against the dollar at the investors’ and exporters’ window, exchanging at N461.67. The rate represented […]
Insurance companies’ customers claim N318.2bn in Q4 2022 – NAICOM
THE insured made claims of N318.2 billion on insurance companies in the last quarter of 2022. The National Insurance Commission […]
Main Market fire disaster CLO sympathies with victims
…calls for adequate compensation THE Civil Liberties Organization Anambra State has sympathised and identify with traders at Main Market who […]
Naira appreciates at Investors, Exporters window by 0.11%
THE Naira on Wednesday appreciated against the dollar at the Investors’ and Exporters’ window, exchanging at N461.50. The rate represented […]
Naira scarcity: NLC to picket CBN offices nationwide
THE Nigeria Labour Congress (NLC) has said it would picket all Central Bank of Nigeria (CBN) offices nationwide on March […]
CBN disbursed N12.65bn as agriculture intervention since January – Emefiele
THE Central Bank of Nigeria (CBN), has disbursed N12.65 billion to the Anchor Borrowers Programme (ABP), its flagship agriculture intervention scheme […]
MPR: Stock market rebounds by 0.03%, gains N10bn
THE domestic bourse posted a 0.03 per cent rebound to close at N29.909 trillion, gaining N10 billion, following the upward […]
Increase in interest rate may prove unhelpful, say financial experts
THE decision by the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) to raise Monetary Policy Rate […]
Nigeria is leading rice producer in Africa – Foundation
SYNGENTA Foundation For Sustainable Agriculture (SFSA), an Abuja-based NGO, says Nigeria is the leading rice producer in Africa with 70 […]
Naira scarcity: FG urged to save SMEs
THE Federal Government, Central Bank of Nigeria (CBN), and others, have been urged to take urgent steps to save the […]
CBN marks money week, focuses on financial literacy for children
THE Central Bank of Nigeria (CBN), says there is the need to extend financial literacy to children to enable them […]
Petrol price increased by 54.76% a litre in one year – NBS
THE National Bureau of Statistics (NBS), says the average retail price of a litre of Petrol increased from N170.42 in […]
Nigeria to export skilled labour to Europe – NBTE
THE National Board for Technical Education (NBTE) says Nigeria will begin exporting skilled labour to Europe and other parts of […]
AEDC working to restore power to Bwari and environs in Abuja
THE Abuja Electricity Distribution Company (AEDC) says it is working with stakeholders to restore power supply to Bwari and environs. […]
ECA explains Africa’s progress, challenges of AfCTA implementation
THE Economic Commission for Africa (ECA) says it is impressed with the progress the implementation of the African Continental Free […]
Investors worth on NGX drops by N16bn
INVESTORS at the stock market of the Nigerian Exchange Ltd. (NGX) on Monday lost N16 billion due to sell-offs in […]
Consumer Value Awards opens portal for nomination
BRANDXchange, conveners of the 2023 Consumers Value Awards (CVA), says it has begun nomination of eligible brands that will participate […]
In spite of economic growth recovery, Africa still needs to curb poverty and social inequality
WITH slower economic growth and high inflation, many African countries continue hardly to strengthen the continent’s development after experiencing a […]
Benin traders make quick business at polling areas
TRADERS flooded polling areas in Benin on Saturday to make brisk businesses as the House of Assembly elections went underway. […]
We’re not responsible for power outage in Imo, EEDC tells customers
THE Enugu Electricity Distribution Company (EEDC) has clarified that it is not responsible for the recent seven-day power outage in […]
Addressing multiple shocks will grow Africa’s economy – ECA
THE Economic Commission for Africa (ECA) said Africa’s economy could experience positive growth if its multiple shocks were adequately addressed. […]
Fuel scarcity, insecurity to push 24.8m Nigerians into deep poverty — CH Report
AS Nigeria and Nigerians continue to reel in economic hardship, the Cadre Harmonise, CH, Report Thursday, indicated that the protracted […]
Naira weakens 0.2% against dollar at Investors’ Exporters window
THE Naira loses 0.2 per cent against the dollar on Thursday, exchanging at N462 at the Investors’ and Exporters’ window. […]
Humanitarian ministry engages stakeholders on zero cash policy development
THE Ministry of Humanitarian Affairs, Disaster Management and Social Development (FMHADMSD), on Thursday engaged relevant stakeholders to review the National […]
Use of old naira notes gradually returns in C’River
THE use of the old naira notes is gradually returning in Cross River, following the Central Bank of Nigeria’s (CBN) […]
Naira appreciates against dollar by 0.07%
THE Naira appreciated against the dollar on Wednesday, exchanging at N461.09 at the Investors’ and Exporters’ window. The rate represented […]
12 ships with petroleum products, others expected at Lagos ports
THE Nigerian Ports Authority (NPA) on Wednesday said 12 ships conveying petroleum products and other goods were expected at Lagos […]
Nigeria’s inflation rate hits 21.91 in February 2023 — NBS
THE National Bureau of Statistics (NBS), says Nigeria’s headline inflation rate increased to 21.91 per cent on a year-on-year basis […]
CBN old Naira directive: Traders still skeptical on collection
SOME traders in various markets in the satellite towns of the FCT are still skeptical about collecting the old Naira […]
Leadway Pensure bags West Africa’s Most Outstanding PFA brand award
LEADWAY Pensure Pension Fund Administrator (PFA) Limited has been awarded the West Africa’s Most Outstanding PFA brand of the Decade […]
Islamic Banking: FBN Quest, The Metropolitan Firm roll out an endowment fund for indigent Nigerians
FBNQuest Trustees, a subsidiary of FBN Holdings in partnership with the Metropolitan Law Firm has launched an endowment fund under […]