The Central Bank of Nigeria (CBN), in continuation of its efforts to sustain FOREX liquidity in the country, on Tuesday, October 3, 2017, intervened in the inter-bank Foreign Exchange Market…
Read More CBN injects another $195m into Forex market
Category: Business
We did not receive ten year tax holiday from FG- Dangote
Ebun Francis || Alhaji Aliko Dangote, the President of Dangote Group and Africa’s richest man has described as untrue the rumours making the rounds that he has been granted a…
Read More We did not receive ten year tax holiday from FG- Dangote
CBN holds interest rate at ten year high
The central bank of Nigeria’s Monetary Policy Committee (MPC) at the end of its monthly meeting in Abuja on Tuesday decided to hold the interest rate at 14%. The central…
Read More CBN holds interest rate at ten year high
Dangote Group to invest $4.6 billion in agriculture
Aliko Dangote, the Chief Executive Officer, Dangote Group has said that the company would invest $4.6 billion in nation’s agricultural sector in the next five years. Dangote listed sugar, rice,…
Read More Dangote Group to invest $4.6 billion in agriculture
How interest income, securities boost Fidelity Bank H1 2017 performance
Alabingo Finance Report || While many commercial lenders cut down their risk assets due to the non-performing loans (NPLs) challenge bedeviling the Nigeria’s banking industry, Fidelity Bank rode on the…
Read More How interest income, securities boost Fidelity Bank H1 2017 performance