The Central Bank of Nigeria (CBN), in collaboration with the Bankers’ Committee on Thursday commenced disbursement of N26 billion Agribusiness […]
Category: Business & Economy
$46.7b foreign reserves keep naira stable
The naira remains stable at the official and parallel markets, with the foreign exchange (forex) reserves standing at $46.7billion, says […]
CBN retains monetary policy rate at 14%
The Monetary Policy Committee of the Central Bank of Nigeria on Wednesday left the Monetary Policy Rate unchanged at 14 […]
Naira depreciates against dollar at parallel market
The Naira on Tuesday marginally declined against the dollar at the parallel market, exchanging at N361.20 to the dollar. It […]
Dangote cement increases dividend by 23.5% to N178.9billion for 2017
Shareholders of Dangote Cement Plc are surely in for a good deal as the company’s directors have recommended an increase […]
External reserve hits $46b – CBN
Nigeria’s External Reserves has risen $46 billion as at the close of business on Friday. Figures released by the Central […]
Zenith Bank Posts N785.19bn gross earnings in 2017
Zenith International Bank has announced gross earnings of N745.19 billion for the financial year ended Dec. 31, 2017, an increase […]
CBN to increase women’s access to credit
The Central Bank of Nigeria on Wednesday said it would improve women’s access to formal financial services especially credit through […]
Dangote inaugurates multi-billion Naira rice processing plant in Jigawa
The President of Dangote Group, Aliko Dangote, has laid the foundation of a multi-billion Naira rice processing mill in Hadin, […]
Buhari re-appoints Awolowo to head NEPC
President Muhammadu Buhari has re-appointed Olusegun Awolowo as the Executive Director/Chief Executive Officer of the Nigerian Export Promotion Council, NEPC, […]