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Category: Business

Business Economy headline

Cardoso hosts Khalifa Sanusi, restates focus on Price stability

Iheanyi Ejiofor November 6, 2023 No Comments

The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has reiterated that under his leadership, the Bank will focus mainly on the core mandate of price stability.…

Read More Cardoso hosts Khalifa Sanusi, restates focus on Price stability
Business Economy

NDIC emerges overall best in ICPC best 2023 ethics and integrity compliance scorecard of MDAs

Iheanyi Ejiofor November 6, 2023 No Comments #MDAs#NDICICPC

The Nigeria Deposit Insurance Corporation (NDIC) has once again demonstrated its unwavering commitment to high ethical standards and compliance with anti-corruption laws and regulations, as it proudly secures the top…

Read More NDIC emerges overall best in ICPC best 2023 ethics and integrity compliance scorecard of MDAs
Business Economy

Forex: Dangote repatriates $687,977m from pan-African operations

Iheanyi Ejiofor November 6, 2023 No Comments #Dangote

Management of Dangote Industries Limited (DIL), have revealed that the company has so far repatriated over USD576,008,672.41 through various banks in Nigeria, in addition to a USD$111,968,109.38 cash swap arrangement…

Read More Forex: Dangote repatriates $687,977m from pan-African operations
Business Economy headline

NNPC to begin importation of crude to operate local refineries – Report

Iheanyi Ejiofor November 6, 2023 No Comments #crude oil#NNPC

The Nigeria National Petroleum Company Limited (NNPCL) may begin importation of 110, 000 barrels of crude oil per day from Venezuela or Saudi Arabia to operate the Kaduna Refinery due…

Read More NNPC to begin importation of crude to operate local refineries – Report
Business Economy headline

Why naira is firming against dollar at FX market: ABCON

Iheanyi Ejiofor November 5, 2023 No Comments dollarnaira

The Association of Bureau De Change Operators of Nigeria has said double-edged sword dollar liquidity injection and the mopping up of the naira through interest rate hikes strengthened it against…

Read More Why naira is firming against dollar at FX market: ABCON

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