Nigeria’s Foreign Reserve Is $3.7 Billion, Not $33.8 Billion – JP Morgan
JP Morgan Global financial service firm JP Morgan has estimated Nigeria’s net foreign reserve to be around $ billion. The figure is far below the $ billion as of August…
How a Community Benefits from Industrialisation: The Rite Foods Example …As the World Marks World Entrepreneurs Day
To acknowledge entrepreneurship and individuals advancing the frontiers across the world, August 21 is celebrated as 'World Entrepreneurs Day' every year. This year's celebration which took place on Monday has…
Financial services stocks dominate NGX turnover by 58%
The Nigerian financial services sector played a significant role in boosting the trade volume and value of equities on the floor of Nigerian Exchange Limited (NGX) despite global and local…
Uwaleke appointed as Special Adviser To Chairman Senate Committee On Capital Market
Prof. Uwaleke The Chairman of Senate Committee on Capital Market & Institutions, Sen. Osita Izunaso, has appointed a former Imo State Commissioner for Finance, Prof. Uche Uwaleke of Nasarawa State…
NNPC secures $3bn emergency crude repayment facility to stabilize naira
In what appears like a boost for the naira, the Nigerian National Petroleum Company (NNPC) Limited and the African Export-Import Bank (Afreximbank) have jointly signed a commitment letter and Termsheet…
Nigeria to experience stronger economic growth in 2023 – NESG
The Nigeria Economic Summit Group (NESG) revealed that Nigeria would experience stronger economic growth in 2023 as firms’ new orders, output growth rate, and inventory activities increase. This was disclosed…
Access Holdings delays H1 results due to subsidiaries audit
Access Bank The board of Access Holdings Plc has announced a delay in the release of its half-year (H1) financial results due to an ongoing audit of its subsidiaries. This…
Muda Yusuf urges FG to fix production, productivity constraints in supply side of the economy
Muda-Yusuf Chief Executive Officer, Centre for the Promotion of Private Enterprise (CPPE), Dr Muda Yusuf has said federal government must address the challenges bedeviling the supply side of the economy…
“Ecobank to promote ease of cross-border business through foreign currency transfer on its mobile and omnilite apps”
Ecobank has reiterated that the introduction of Foreign Currency transfer on Ecobank Mobile and Omnilite app is to promote and facilitate ease of cross-border business and financial transactions, stressing that…
Current petrol pump prices will remain, says Tinubu
President Bola Tinubu has assured Nigerians that his administration is already taking steps that would curb the increase of fuel prices in the country without having to reverse the nation’s…