Economy & Market
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159Cardoso Showcases 1-Year Achievements, Commits to $1 Billion Remittance Target
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has outlined critical milestones in the bank’s ongoing economic reform agenda,...
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170Heritage Bank: NDIC Begins Loan and Asset Recovery to Settle Uninsured Deposits
Managing Director/Chief Executive, Nigeria Deposit Insurance Corporation (NDIC) Bello Hassan has disclosed that the corporation has commenced asset recovery and loan retrieval...
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145Asian Shares Pare Gains as Focus Switches to China
Asian equities pared gains Friday as investors awaited the outcome of a key legislature meeting in China that’s expected to unveil policy...
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142Bulls Resurface on Customs Street as ASI Up 0.4%
EQUITIES The Nigerian equities market ended today’s session on a positive note as gains in ARADEL (+10.0%) and OANDO (+7.0%) drove the...
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194Banks Free to Trade with Deposited FX –CBN
The Central Bank of Nigeria has issued guidelines to banks on implementing the free foreign exchange deposit window announced by the Federal...
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206Tax Bills Not Threat to Revenue-Collecting Agencies –FIRS
Chairman of the Federal Inland Revenue Service, Zacch Adedeji, has dismissed concerns that the four tax bills currently before the National Assembly...
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108Local Bourse Falters as ASI Down 0.6%
EQUITIES The local bourse reversed yesterday’s gains as losses in AIRTELAFRI (-2.0%), UBA (-10.0%) and OANDO (-10.0%) caused a 0.3% decline in...
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134FG Promises Single-Digit Interest Loans for SMEs
The Federal Government has stated that it will begin disbursement of loans at a single-digit interest rate to Small and Medium Enterprises...
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138Bullish Sentiments Resurface as ASI Up 0.2%
EQUITIES Bullish sentiments resurfaced in the Nigerian equities market as renewed interest in UBA (+9.9%), ZENITHBANK (+5.8%) and ACCESSCORP (+4.9%) drove the...
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136Nigeria’s Economy on New Investments Threshold –Edun
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said that Nigeria’s economy is now at a new threshold...
