Nigeria’s total public debt rose to N24.947 trillion as of March 31, from...
Nigeria’s total public debt rose to N24.947 trillion as of March 31, from N24.387 trillion as of December 31, 2018, growing marginally by 2.30 per cent, the Debt Management Office said. A statement...
View ArticleCurrency war: FG should prepare for global economic system change – Gwadabe
COMFORT EKELEME indications has emerged that the ongoing economic, trade and currency wars between the United States of America and Russia/ Asian countries, present Nigeria with some lifetime...
View ArticleDU&T Consulting seals partnership deal with BRASI of America
DU&T Consulting is proud to announce that it has signed a new partnership agreement with the Business Research and Service Institute (BRASI) USA, to run some certification courses in Nigeria....
View ArticleCBN boosts forex market with another $210m
The interbank segment of the Nigerian foreign exchange market received a fresh boost of 210 million dollars from the Central Bank of Nigeria (CBN) on Tuesday. The CBN Director of Corporate...
View ArticleNECA tasks govt on wealth creation
UFOMBA UZUEGBU Nigeria Employers Consultative Association (NECA) has charged government at all levels to take more than a passing interest on wealth creation. It also observed that the nation was...
View ArticleNon-oil exports: Fidelity Bank partners NEPC, LBS trains 100 MSMEs in Kano
COMFORT EKELEME Fidelity Bank Plc said it has concluded plans to train over 100 Small and Medium Scale Enterprises (SMEs) at the 8th edition of the Export Management Programme (EMP) with the aim of...
View ArticleNigeria earns $580.32m revenue from crude oil, gas in May
The Nigerian National Petroleum Corporation, NNPC, has disclosed that it recorded a total of $580.32 million in export sale of crude oil and gas for the month of May, which is 23.39 per cent higher...
View ArticleUS set to increase EB-5 visa fee
COMFORT EKELEME Chief Executive Officer of Brandley International Limited, Olumide Idowu, has advised Nigerian investors to take right and swift decision, as the United States of America (USA), has...
View ArticleCBN set to restrict FX on importation of milk, retains MPR rate at 13%
COMFORT EKELEME The Central Bank of Nigeria (CBN) has concluded plans to restrict foreign exchange on the importation of milk in order to reduce the amount of money spent on its importation. CBN...
View ArticleFG inaugurates National Tax Policy Committee
PAULETTE ORJIME, Abuja A team of tax experts charged with the responsibility for implementation of the National Tax Policy has been launched on Tuesday in Abuja. The foundation was made in line with...
View ArticleMTN chairman Dozie, Odili, Dasuki, other directors exit as Ndukwe leads new...
MTN Nigeria on Wednesday notified the Nigerian Stock Exchange, the investing public and other stakeholders that some non-executive directors; including the Chairman, Dr. Paschal Dozie are retiring from...
View ArticleNDIC cautions on adoption of Crypto currencies
COMFORT EKELEME The Managing Director/Chief Executive Officer of the Nigeria Deposit Insurance Corporation (NDIC), Umaru Ibrahim, has advised Nigerians to exercise maximum caution in the adoption of...
View ArticleManufacturers protest CBN’s forex restriction on milk import
The Lagos Chamber of Commerce and Industry (LCCI) and the Manufacturers Association of Nigeria (MAN) have kicked against plans by the Central Bank of Nigeria (CBN) to add milk to the list of items...
View ArticleAccess Bank issues Tier II N30bn local bond
COMFORT EKELEME To further strengthen its funding base, Access Bank has successfully issued a Tier II N30 billion Fixed Rate subordinated unsecured bond. The bond which has a maturity of 7 years and is...
View ArticleNzekwe backs CBN’s forex restriction on milk importation
…Seeks support for local industries COMFORT EKELEME, Asst Business Editor Amidst mixed reactions which have continued to trail the proposed forex restriction on the importation of milk into the...
View ArticleUnion Bank’s half year profit hits N12.1bn
COMFORT EKELEME Union Bank of Nigeria Plc said its Profit Before Tax (PBT) for the half year ended June 30, 2019 stood at of N12.1 billion. According to the bank, the profit represented a growth of 4...
View ArticleApple’s services, wearables shore up results as iPhone drops below half of sales
Apple Inc iPhone sales dropped to less than half of quarterly revenue for the first time in seven years, but CEO Tim Cook on Tuesday described the change as successfully diversifying away from a single...
View ArticleNestlé Nigeria Plc records N141.9bn revenue in H1 2019
COMFORT EKELEME Nestlé Nigeria Plc has announced its financial results for the half year ended 30 June 2019, saying its revenue for the period January to June 2019 stood at N 141.9 billion, a growth of...
View ArticleKwara to partner AfDB on infrastructure devt, women empowerment
.Gov set for Chinese investors’ meeting in Abuja MICHAEL OLANREWAJU, Ilorin Kwara State Government has opened talks with the African Development Bank (AfDB) on various areas of partnership, including...
View ArticleNSE unveils 2019 Factbook
COMFORT EKELEME The Nigerian Stock Exchange (NSE) Tuesday in Lagos, launched its 2019 NSE Factbook, a compendium of capital market information, aimed at ensuring availability and easy access to current...
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