Business & Economy
Forex scarcity bites harder, CBN amends diasporan remittance policy
The Central Bank of Nigeria, CBN, said on Monday, November 30, that it had amended the procedures for receipt of diaspora remittances as ...
Business & Economy
Nigeria asks OPEC to review repercussions of output strategy
President Muhammadu Buhari in a statement from his office’s spokesperson urged OPEC to consider the weight of the responsibility of the nation with ...
Business & Economy
Economic Recession: CBN retains key lending rates
The Governor of the Central Bank of Nigeria (CBN) announced on Tuesday, November 24, 2020, that the Monetary Policy Committee has retained key ...
Business & Economy
Fidelity Bank boss, Nnamdi Okonkwo, emerges Banker of the Year
Fidelity Bank Chief Executive Officer (CEO), Mr. Nnamdi Okonkwo was on Sunday, November 22nd, 2020 adjudged Banker of the Year at the Business ...
Business & Economy
FG processing $750m World Bank loan for states
The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, disclosed at the inauguration of the Federal Steering and Technical Committees of ...
Business & Economy
Nigeria will exit recession by first quarter of 2021 – Finance Minister
Nigeria’s Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, on Monday, November 23, 2020, while speaking about the current recession in ...
Business & Economy
Despite recession, Nigeria is the fastest growing economy in Africa – UK Envoy
The United Kingdom Trade Envoy to Nigeria, Helen Grant, on Saturday said that Nigeria was the fastest growing economy in Africa. Ms Grant ...
Business & Economy
Again, Nigeria’s economy slips into recession
According to a new report released by the Nigeria Bureau of Statistics on Saturday, November 21, 2020, Nigeria’s economy has slipped into another ...
Business & Economy
Sterling Bank grows trading income by 265% in Q3 2020
Sterling Bank Plc, a full service national commercial bank, has reported a trading income of N7.1 billion for the third quarter ended September ...
Business & Economy
Nigeria’s debt to hit N32.87tn
The Minister of Finance, Budget and National Planning, Zainab Ahmed, disclosed during the inauguration of Federal Steering Committees of the Nigeria COVID-19 Action ...