Abdulrasheed Bawa, the Executive Chairman of the Economic and Financial Crimes Commission (EFCC) has been elected President of the Network of National Anti-Corruption Institutions in…
View More EFCC Chairman, Abdulrasheed Bawa, elected NACIWA presidentCategory: Business
CBN plans intervention to make fuel readily available
The Central Bank of Nigeria (CBN) has stated that it is prepared to intervene in order to ensure that fuel is readily available in Nigeria.…
View More CBN plans intervention to make fuel readily availableDespite rising inflation, CBN votes to hold MPR at 11.5%
The Monetary Policy Committee of the Central Bank of Nigeria has voted to hold all monetary parameters constant, keeping the benchmark interest at 11.5% despite…
View More Despite rising inflation, CBN votes to hold MPR at 11.5%Import reduction: FG saves N5.3 trillion
The Federal Government says it has so far saved N5.3 trillion from import reduction. It says in 2017, ₦613.6 billion was saved, ₦412.8 billion in…
View More Import reduction: FG saves N5.3 trillionNigerians count losses from electricity grid collapse
Business outfits across the country and the generality of Nigerians are still counting their losses from the collapse of the national power grid on Monday.…
View More Nigerians count losses from electricity grid collapseIMF asks CBN to scale back credit intervention schemes
The International Monetary Fund has advised the Central Bank of Nigeria to scale back its credit intervention programmes as they are likely to cause market…
View More IMF asks CBN to scale back credit intervention schemesNigerian Stocks: List of Dividends announced in 2022
As audited accounts start to trickle in, companies will propose dividend payments to their shareholders as recommended by their respective boards of directors. It is…
View More Nigerian Stocks: List of Dividends announced in 2022Power Ministry provides update on electricity supply after grid restoration
The Ministry of Power has given an update on the progress so far made to address the recent challenges in the Nigerian Electricity Supply Industry…
View More Power Ministry provides update on electricity supply after grid restorationMSME loan: CBN disburses N159.21 billion to 330,128 female
The Central Bank of Nigeria (CBN) has given a sum of N159.21 billion to 330,128 female under the Targeted Credit Facility (TCF) designed to support…
View More MSME loan: CBN disburses N159.21 billion to 330,128 femaleLocal bourse depletes further by N38 billion to close the trading week
The NGX closed on a negative note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) depreciated by 15 basis point. The NGX ASI…
View More Local bourse depletes further by N38 billion to close the trading week