BUSINESS
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Nigeria can diversify energy mix with diligent policy implementation – AfDB
The African Development Bank (AfDB) says Nigeria can diversify its energy mix and reduce Greenhouse Gas (GHG) emissions with strong…
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Equity market sustains selloffs in Tier-1 banks, down by N720bn
The value of transactions on the Nigerian Exchange Ltd. (NGX) on Wednesday further declined by 4.80 per cent due to…
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FirstBank reiterates commitment to supporting Nigerian businesses for growth, prosperity
First Bank of Nigeria Plc has reiterated its commitment to supporting businesses through various initiatives and providing financial solutions for…
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Reps probe multichoice over alleged N1.8trn unremitted tax
The House of Representatives is set to probe the alleged N1.8 trillion tax owed the Federal Government by Multichoice Group,…
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Nigeria gets 60% Afreximbank energy sector funding – Oramah
The African Export-Import Bank (Afreximbank), says Nigeria is among the largest beneficiaries accounting for about 60 per cent of its…
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Nestlé Nigeria posts N79.5b loss, despite 22.4% sales increase
Nestlé Nigeria PLC Profit After Tax (PAT) has declared a loss of N79.5 billion for 2023 as Naira devaluation continues…
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High seafood demand globally cause of illegal, unregulated fishing – U.S.
By Mark Longyen The United States says the global high demand for seafood is responsible for illegal, unregulated, and unreported…
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Rescue real sector, economy through development finance – CPPE urges CBN
The Centre for the Promotion of Private Enterprise (CPPE) has advised the CBN to accelerate increased capitalisation of development finance…
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Naira grossly undervalued, says Cardoso
The Governor of the Central Bank of Nigeria (CBN), Mr Yemi Cardoso says the Naira is grossly undervalued. Cardoso said…
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CBN raises interest rate by 400 basis points to 22.75 %
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), on Tuesday increased the Monetary Policy Rate (MPR)…
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