The interbank segment of the Foreign Exchange Market has received a boost of $205 million from the Central Bank of Nigeria (CBN) following the sales concluded on Tuesday, May 7,…
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Category: Economy
I will be elected President of the 9th Senate- Ali Ndume
Senator Ali Ndume, on Monday said he is optimistic his colleagues will elect him as the senate president in the coming months. The Bornu who made the comment while speaking…
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Investors worried over cost of Nigeria’s rising debt- Report
A number of foreign investors and analysts are beginning to raise concerns about the cost of Nigeria’s debt and how the proceeds of bond sales are utilised, according to a…
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Nigeria lost 130 textile firms to lack of power, finance, others – Emefiele
The Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele on Monday said no fewer than 130 textile companies have died in the country in recent times due to…
Read More Nigeria lost 130 textile firms to lack of power, finance, others – EmefieleMTN Nigeria applies for listing by introduction — SEC
The Securities and Exchange Commission (SEC) on Monday said that MTN Nigeria has formally applied for listing by introduction on the Nigerian Stock Exchange (NSE). Mrs Efe Ebelo, SEC Head,…
Read More MTN Nigeria applies for listing by introduction — SEC