All posts tagged "Featured"
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263Industry & MoneyManufacturing Export Limps as Revenue Drops 166% to ₦778b
Nigeria’s quest for diversified foreign exchange earnings away from oil not feasible for now as revenue from the manufacturing export sector plunged...
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697Professional ServiceAudit of Extractive Companies to Enable Transparency –NEITI
The Nigeria Extractive Industries Transparency Initiative (NEITI) has said that the ongoing nationwide audit of oil, gas and mining companies is targeted...
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108Banking & FinanceCentral Bank Mandates Banks to Comply with FX Reforms
In a move to enforce total compliance with the rules of engagement, the Central Bank of Nigeria (CBN) on Thursday, issued a directive...
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126Business NewsDebt Service Gulps 70% of Dollar Outflow in Q1
Nigeria spent about 70% of its dollar payments to service external debts between January and March 2024. According to data from the...
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85Banking & Finance‘Cybersecurity Levy Adds Burden on Businesses, Unjustifiable’
The Lagos Chamber of Commerce and Industry (LCCI) has said that the directive by the Central Bank of Nigeria (CBN) imposing a...
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84Foreign NewsCash Transfer Scheme had Limited Impacts on Households –W’Bank
The World Bank says the conditional cash transfer scheme of the Federal Government had little impact on household consumption, financial inclusion or...
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89Banking & Finance
CBN Unveils List of Licensed Deposit Money Banks
Amidst the rush for recapitalisation, four deposit money banks in the country have upgraded their banking licence from regional banking to national...
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189Industry & MoneyCredit to Private Sector Depreciated to ₦71.21tr
The Central Bank of Nigeria (CBN) has disclosed that banks’ credit to the private sector declined by 12 per cent month-on-month in...
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121AgricultureMechanisation: FG Opens Talks with Vendors for Supply of 85,000 Farm Equipment
The federal government has opened discussions with Chinese agricultural/construction machinery vendors to boost the current administration’s agricultural transformation agenda as well as...
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79Banking & FinanceCashless: CBN Suspends Charges on Cash Deposits
The Central Bank of Nigeria (CBN) has directed banks to stop charges on cash deposits until September 30, 2024. CBN disclosed this...
