The Nigerian National Petroleum Corporation (NNPC) says it has obtained a prepayment funding of about $1 billion to support the upstream operations of its subsidiary, Nigerian...
The Association of Bureau de Change Operators of Nigeria (ABCON) has insisted that the new exchange rate for the BDCs to sell forex at N386 cannot...
Analysts at InvestmentOne Research have expressed concerns that Nigeria is on the course for its second recession in five years. The report by InvestmentOne comes on...
The Central Bank of Nigeria, CBN, has fixed N5 billion as the minimum capital base for Mobile Money Operators (MMO) in Nigeria, even as the apex...
Banks have recorded an increase in their lending to private sector as it rose by 2.57 per cent to N30.19trn by the end of July this...
The Central Bank of Nigeria (CBN) has slashed the interest rate payable on monies held in savings accounts to around 1.25% per annum from the previous...
The Federal Government is set to inject over N600 billion as stimulus-response into the agriculture sector to cushion the adverse impact of the coronavirus on the...
President, National Council of Managing Directors of Licensed Customs Agents (NCMDLCA), has stated that the cumbersome and archaic system in the ports has hindered trade facilitation....
Due to the significant increase in operational cost of about 46 percent of its income from crude oil, the Nigerian National Petroleum Corporation (NNPC) has moved...
The federal government has expressed its determination to continue funding the 2020 budget to ensure that the economy recovers as projected, even as the country’s Gross...