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Category: Economy

Economy Maritime

Can Customs find honest man for its new fast track cargo clearance method?

Iheanyi Ejiofor November 16, 2017

Funso Olojo || The Nigeria Customs Service is currently on an ambitious search for an honest man in the manner of Diogenes, a Greek philosopher, who, in the streets of…

Read More Can Customs find honest man for its new fast track cargo clearance method?
Business Economy

Securities, term loans lift UBA performance in Q3

Iheanyi Ejiofor November 16, 2017 headline

Alabingo Finance Report || The United Bank for Africa (UBA) took advantage income from foreign exchange trading and term loans to corporate organizations to post a double digit profit-after-tax (PAT)…

Read More Securities, term loans lift UBA performance in Q3
Business Economy

Eurobonds account for a fifth of Nigeria’s $66.6 bn in foreign debt

Iheanyi Ejiofor November 15, 2017 headline

Eurobonds made up more than a fifth of Nigeria’s $66.63 billion foreign debt portfolio as of September and more than half of interest paid in the third quarter, the Debt…

Read More Eurobonds account for a fifth of Nigeria’s $66.6 bn in foreign debt
Economy headline

Senate approve Buhari’s loan request for $5.5bn

Iheanyi Ejiofor November 14, 2017 headline

Ebun Francis || The Senate on Tuesday approved the $5.5 billion loan request from President Muhammadu Buhari to help fund capital projects in the 2017 budget and serving of the country’s…

Read More Senate approve Buhari’s loan request for $5.5bn
Business Economy

Naira Remains Strong as CBN Pumps in $195m

Iheanyi Ejiofor November 13, 2017 headline

The Central Bank of Nigeria has continued its sustenance of FOREX liquidity by injecting another $195 million into the Inter-bank Foreign Exchange Market, even as the Naira maintains its strength.…

Read More Naira Remains Strong as CBN Pumps in $195m

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