Union Bank of Nigeria (UBN) Plc has commenced bids for the issuance of Commercial Paper (CP) with 180-day and 268-day tenor to raise the sum of N20 billion. The bank’s…
Read More Union Bank raises N20bn through Commercial Paper
Category: Economy
Completion of Lagos-Ibadan rail in April no longer feasible – Amaechi
Minister of Transportation,Mr. Rotimi Amaech, says it is unlikely the Lagos-Ibadan standard gauge rail line will be completed in April. Amaechi stated this via his twitter handle on Monday. “Today…
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NOVA Merchant Bank appointed by the Nigeria Customs Service as a duty collecting bank
In fulfilment of its commitment to constantly find new ways to serve its customers better, NOVA Merchant Bank has been appointed as a designated collecting bank for Import, Excise and…
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FG making plans for fuel at N97 per litre – Sylva
Minister of state for petroleum, Timipre Sylva, on Thursday, disclosed that the federal government is working to make fuel available at N97 per litre, using the compressed natural gas (CNG)…
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Nigeria inflation rate rises to 11.98%
The consumer price index, which measures inflation, rose to 11.98% in December 2019, according to the report released by the National Bureau for Statistics on Friday. The figure, which is…
Read More Nigeria inflation rate rises to 11.98%