Category: Business

CBN sells over $300m to deposit money banks

By Melvin Onwubuke   The Central Bank of Nigeria in its efforts to stabilize the...

CBN’s monetary policy will increase market dividends – Analyst

By Melvin Onwubuke   The analyst at FBNQuest, asset management division of FBN Holdings, have...

MPC to raise interest rates on Monday despite high inflation – Analysts

Meristem Research analysts predict that the newly created Monetary Policy Committee would raise the Monetary...

Why affordable housing can’t be realistic in Nigeria – Developers

By Melvin Onwubuke Developers have proposed better regulations to citizens access to land in the...

BUA Foods record revenue, profit growth despite challenges

BUA Foods Plc reported a notable rise in revenue that drove profit and most likely...

Climate Foundation, NESG partner to pilot energy transition plan

By Melvin Onwubuke The African Climate Foundation and National Economic Summit Group are partnering to...

Afreximbank, denies payment of $3bn loan from NNPCL with $12bn

The President and Chairman of the Board of Directors of the African Export-Import Bank has denied...

CBN to stop BDC’s street trading, limit FX purchase to $500

The Central Bank of Nigeria is contemplating significant regulatory changes for Bureau De Change operators,...

IMF doesn’t publish exchange rates – Rep

The International Monetary Fund Resident Representative for Nigeria, Christian Ebeke, stated in a statement on...

CITN condemn tax evasion among wealthy class

By Melvin Onwubuke The chartered Institute of Taxation of Nigeria has decried the volume of...

New accounting development tool will aid transparency – FRC

By Melvin Onwubuke The Chief Executive Officer of the financial Reporting Council of Nigeria, Dr....

Investors lose N67bn as market dips

By Melvin Onwubuke   The Nigerian stock market could not maintain the early trading trend...