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Category: Economy

Business Economy headline

CBN directs commercial banks to sell forex across the counter to customers

Iheanyi Ejiofor May 28, 2018 headline

Chidi Samuel| The Central Bank of Nigeria, (CBN), on Sunday directed all commercial banks in the country to immediately sell foreign exchange to any customer upon the presentation of relevant…

Read More CBN directs commercial banks to sell forex across the counter to customers
Economy headline

Buhari receives 2018 budget from National Assembly

Iheanyi Ejiofor May 25, 2018 headline

Chidi Samuel| President Muhammadu Buhari on Friday received the 2018 Appropriation Bill from the National Assembly. The document was received Friday evening by the president’s liaison officer to the Senate, Ita…

Read More Buhari receives 2018 budget from National Assembly
Business Economy

Nigerian stocks lose N299b in 2 days

Iheanyi Ejiofor May 25, 2018 headline

Emeka Ejere| The Nigerian Stock Exchange (NSE) market capitalisation on Friday closed negatively, for the fifth day, dipping further by N145 billion and recording a loss of N299 billion in…

Read More Nigerian stocks lose N299b in 2 days
Business Economy

NNPC targets full implementation of 2018 budget

Iheanyi Ejiofor May 25, 2018 headline

Emeka Ejere| The Nigerian National Petroleum Corporation (NNPC) says it has introduced measures to ensure the full implementation of its 2018 budget. The Corporation disclosed this in a statement signed…

Read More NNPC targets full implementation of 2018 budget
Business Economy

MAN wants FG to cut down on recurrent expenditure

Iheanyi Ejiofor May 25, 2018 headline

Emeka Ejere| The Manufacturers Association of Nigeria (MAN) on Friday called on the Federal Government to cut down on recurrent expenditure to check the rising debt profile. MAN President, Dr.…

Read More MAN wants FG to cut down on recurrent expenditure

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