Business & Economy
Foreign exchange reserves hit 12-week low of $35.63bn – CBN
Nigeria’s foreign exchange reserves plunged to a 12-week low of $35.63 billion on Wednesday, its lowest point since 21st August, when $35.607 billion ...
Business & Economy
Nigeria’s diaspora remittances to fall by $2bn –World Bank
The World Bank Group, a Washington-based lender, in its 40-page report titled, ‘Migration and Development Brief 33’ , said Nigeria’s diaspora remittances could ...
Business & Economy
Nigeria generated N424.71bn VAT in Q3 —NBS
The National Bureau of Statistics released its report on Monday, November 2, 2020, stating that the sectoral distribution of Value Added Tax data ...
Business & Economy
WTO: France, Germany, 104 other countries back Okonjo-Iweala
Nigeria’s former finance minister, Ngozi Okonjo-Iweala, has received the backing of 27 European Union member states in her bid to become the first ...
Business & Economy
Fidelity Bank wins SME Support Bank of the Year
Fidelity Bank Plc has added yet another accolade to its burgeoning collection of awards. The bank, in recognition of its unflinching support for ...
Breaking News
Nigeria’s Ngozi Okonjo-Iweala emerges new WTO DG
Nigeria’s Ngozi Okonjo-Iweala has emerged as the new Director General of the World Trade Organization (WTO) ahead of South Korea’s Yoo Myung-hee who ...
Business & Economy
Naira gains, exchanges for N457/$
The naira gained slightly, as it exchanged to the dollar at N457/$ at the parallel market on Tuesday, October 6 2020. It had ...
Business & Economy
ExxonMobil Corporation approaches Court of Appeal On NIC’s decision on multiple employers
The National Industrial Court (NIC) sitting in Lagos, in a suit filed by Mr. Paul Arinze for wrongful termination of employment by Mobil ...
Business & Economy
European Union backs Okonjo-Iweala for WTO job – Report
The European Union governments on Monday expressed support for Nigeria’s candidate for the position of the director-general of the World Trade Organisation, Dr. ...
Business & Economy
FinCEN Files: 15 Lagos Computer village firms in N1.2bn suspicious transactions
The FinCEN files say the transactions involved unidentified entities or individuals located in or banking in high risk jurisdictions. No fewer than 15 ...