BUSINESS
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CBN sells Dollar at N1,450 to BDCs, caps forex profit at 1.5%
The Central Bank of Nigeria (CBN) has approved the sale of foreign exchange (FX) to eligible Bureau de Change (BDC)…
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Automobiles: NADDC to boost local automobile production with stronger collaboration
The National Automotive Design and Development Council (NADDC) says it will strengthen its collaboration with key stakeholders to develop robust…
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Stock market maintains positive trend, up 0.11%
The Nigerian stock market maintained its positive trends on Tuesday, bringing the overall market index up by 0.11 per cent.…
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Access Bank signs monumental deal with FMO to syndicate Tier II N442.5bn capital
Access Bank Plc has signed a monumental syndicate Tier II Facility agreement of 295 million dollars, equivalent to about N442.5…
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AfDB’s sovereign portfolio retains top spot in 2024 Aid Transparency Index
Publish What You Fund, the global campaign for aid and development transparency, has again named the African Development Bank’s (AfDB)…
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Enugu begins construction of International Motor Spare Parts Market
The Enugu State Government says it has begun the construction of a new International Motor Spare Parts and Allied Trades…
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Consortium introduces “Pyrochem” technology to mitigate post-harvest losses
PyroPower Africa Project Consortium has introduced a technology called “Pyrochem” to achieve sustainable energy, boost food production, mitigate climate change…
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Lagos plans big, takes delivery of 5,000 vehicles for Lagride
The Lagos State Government will soon take delivery of 2, 000 brand new vehicles for taxis in the Lagos Ride…
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Equity market opens with N167bn profit gain
The Nigerian equity market opened the week on a positive note, extending gains from the previous session with a N167…
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New mining rates: Stakeholders decry inadequate consultation
Stakeholders in the mining sector have decried the lack of proper consultation before new mining rates were announced by the…
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