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eNaira may pose risk to economy -IMF

The International Monetary Fund (IMF) has stated that the recently launched e-Naira has the potentials for Financial Inclusion and boost…

4 years ago

41m new MSMEs employ over 59m Nigerians – SMEDAN

Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has said it has created over 41 million Micro, Small and…

4 years ago

Nigerian equity market halts downtrend, up 0.49%

After four consecutive declines, the Nigerian Exchange reversed its downtrend on Tuesday, appreciating 0.49%  on the back of buying interest…

4 years ago

Nigeria’s inflation rate decelerates for seventh consecutive time to 15.99% in Oct.

The latest data from the National Bureau of Statistics (NBS) has shown that the Consumer Price Index (CPI), which measures…

4 years ago

Nigeria targets economy growth through multilateral financing

President Muhammadu Buhari has assured that the Nigerian government will continue to support efforts to broaden the economy through multilateral…

4 years ago

EFCC to prosecute Fidelity Bank, CEO Onyeali-Ikpe over N2bn fraud

The Economic and Financial Crimes Commission (EFCC) may soon begin the prosecution of Fidelity Bank Plc and its Chief Executive…

4 years ago

Nigeria approves N348.7tn investment plan for 2021-2025

The Federal Executive Council (FEC) of Nigeria has approved the National Development Plan (NDP) for 2021 to 2025 to succeed…

4 years ago

Nigeria to spend N250bn for conversion of vehicles to autogas

As part of efforts to ensure that the autogas conversion of vehicles yielded the desired results, the Nigerian government has…

4 years ago

Afreximbank tasks Nigeria on investment diversification

The African Export-Import Bank (Afreximbank) on Tuesday urged the Nigerian Investment Promotion Commission (NIPC) to do more in attracting a…

4 years ago

Telcos propel Nigerian equity market up 2.9%

Investors have shown renewed interest in AIRTELAFR and MTNN after the Central Bank of Nigeria (CBN) granted the two telecoms…

4 years ago

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