BUSINESS
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Nigeria’s Cocoa Exports Decline By $100m As Prices Rise In Market
As Nigeria battles with the negative effects of the crash in oil prices, Cocoa prices has staged a rally after…
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UK Govt Announces £250M Support to Startups Impacted By Coronavirus
After mounting pressure from the U.K. tech startup ecosystem, and much debate, the British government has announced a new “Future…
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FBN Holdings In Talks To Sell 65% Insurance Business
FBN Holdings Plc has notified the Nigerian Stock Exchange of ongoing discussions with its partner, Sanlam Emerging Markets, the owners…
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Stock Market Gains N28bn During First 14 Days Of Lockdown
Shareholders of quoted firms on the floor of the Nigerian Stock Exchange recorded a gain of N28bn during the first…
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NSE Hosts First Digital Closing Gong Ceremony, Assures Investors’ Access To Market
The Nigerian Stock Exchange (NSE), has restated its commitment to providing corporates and investors access to the market in meeting…
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CBN Says Infrastructure Deficit, Forex Pressure May Worsen Inflation
The Governor of Central Bank of Nigeria, Mr Godwin Emefiele, has lamented over the infrastructural deficits and emerging pressures from…
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TCN Labels FG’s 2 Months Free Electricity Mere Propaganda
The Transmission Company of Nigeria, TCN has said that the two months free electricity promised to Nigerians by the Federal…
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Travel Agencies In Nigeria May Be Crippled With N100 bn Ticket Refunds
Travel agencies in the country are on the verge of being thrown into heavy debts as customers continue to press…
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Naira Appreciates against US Dollar, Trades at ₦383/$1
The Nigerian currency has significantly gained against the dollar since late March 2020. Naira appreciated against the dollar by exchanging…
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80,000 Loan Seekers Apply for CBN’s ₦50 billion Targeted Credit Facility
A total number of 80,000 loan seekers have applied for the N50 billion Targeted Credit Facility introduced by the Central…
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