BUSINESS
-
Again, CBN Increases Banks’ Minimum Loan-To-Deposit Ratio
The Central Bank of Nigeria (CBN) has again increased the minimum loan-to-deposit ratio (LDR) of commercial banks up from the…
Read More » -
Air Peace Bags Rights to Commence Daily Flights to South Africa
The South African Government has granted Air Peace’s request to commence commercial flights to Johannesburg, South Africa. This was confirmed by the Ministry of…
Read More » -
Dangote Anticipates $30 billion Group Revenue in Refinery Project
Africa’s richest man, Alhaji Aliko Dangote has expressed confidence in his current project of building one of the world’s biggest refineries in Lagos.
Read More » -
CBN Governor Makes Case for Nigerians to Support Local Industries
The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele has cited smuggling as the biggest problem confronting the textile…
Read More » -
Firstbank Prepares 500,000 Agents to Boost financial inclusion in Nigeria
First Bank of Nigeria Limited has put plans in top gear to get up to 500,000 operators on board its…
Read More » -
Banks Allocate N15.13 Trillion Credit to Private Sector
The National Bureau of Statistics (NBS) said the Nigerian banking sector allocated N15.13 trillion as total value of credit to…
Read More » -
Nigeria’s External Reserves depleted by $2.9 billion, hit 10 months low
Nigeria’s external reserves depleted by $2.9 billion between August and September 2019 according to data obtained from the website of the Central Bank of…
Read More » -
New IMF boss Outlines Immediate Priority
International Monetary Fund (IMF) has disclosed that its immediate priority is to help countries, including Nigeria to minimise their risk of economic crises.
Read More » -
FG Spends N2.3 Trillion on Subsidies in 3 years, Says PwC
A global accounting and consulting firm, PricewaterhouseCoopers (PwC) revealed in a recent report that the Federal Government of Nigeria spent…
Read More » -
Nigerian Products are Rejected In United States Due to These Reasons
The Nigerian Investment Promotion Council (NIPC) has identified the major reasons why exported products from Nigeria are rejected overseas, especially in the…
Read More »
