The Central Bank of Nigeria, CBN, has introduced “Form X” for the Small and Medium-scale Enterprises, SMEs seeking to purchase […]
Category: Business & Economy
How NNPC Will Support Nigeria’s National Broadband Penetration Plan
In a rare collaboration between government agencies, the Nigerian National Petroleum Corporation, NNPC, is willing to support Nigeria’s plan to […]
CBN Faults Banks Over Forex Borrowing Limit
The Central Bank of Nigeria, CBN, has accused some commercial banks of breaching its regulatory limit on foreign currency borrowings, […]
UBA To Focus On Long-term Growth, Elumelu
Shareholders of United Bank for Africa, UBA, are in for a swell time. Apart from the N27.2 billion paid to […]
Why FG Is Withholding Import Licence From Debtor Oil Marketers, Kachikwu
Henceforth, the federal government will no longer issue petroleum product import licences to oil marketers who fail to clear their […]
CBN Boosts Liquidity in forex Market With $418 Million
The Central Bank of Nigeria, CBN, has auctioned $418 million at N310 to a dollar, to airlines, agriculture, petroleum and […]
How Forex Policy Is Hurting Non-oil Exports, LCCI
While many Nigerians, including economic experts, have hailed the foreign exchange, forex, policy, of the federal government, the Lagos Chamber […]
Zenith Bank Rewards *966# Easybanking Customers With Airtime
Following the success of the campaign to reward its customers last year, Zenith Bank Plc has returned with another *966# […]
Customs Allows Importers Clear Vehicles and Pay Duty Later
Perhaps it is one of the strategies to decongest the ports. Whatever the intention is, the news that dealers can […]
Concerns Over Banks’ Rising Non-performing Loans
The pains of many Nigerian banks know no bounds. The ongoing economic recession has taken a huge toll on thier […]