The Central Bank of Nigeria (CBN) says it will continue to support the Federal Government to implement an investment promotion strategy to facilitate investment flow into the economy, The CBN Governor, Mr Olayemi Cardoso, said this at a two-day Special…
The Debt Management Office (DMO) on Tuesday re-opened four Federal Government of Nigeria (FGN) Bonds valued at N360 billion for subscription through auction. In a statement on Tuesday in Abuja, DMO said that the first offer was a March 2027…
The Chartered Institute of Bankers of Nigeria (CIBN) says the banking sector has overcome past challenges and it is preparing for a future with both difficulties and opportunities. The President/Chairman of Council, Dr Ken Opara, said this at the 10th…
…As Naira depreciates further against the dollar Reports cited by Nigerian NewsDirect have revealed that Bureau De Change Operators are lobbying to resume publication of parallel market rates. Recall that former CBN governor, Godwin Emefiele had stated that BDC operators…
The Federal Government has reiterated plans to inaugurate an intervention programme to further drive Micro, Small and Medium-sized Enterprises (MSMEs) in the country. This is contained in a statement signed by the Special Adviser to President Bola Tinubu on Presidential…
Data released by the Central Bank of Nigeria (CBN) has revealed a notable spike in currency outside the banks during the month of November 2023, reaching unprecedented levels based on historical records. According to the Money and Credit Statistics data…
Odu’a Investment Company Ltd. (OICL) on Friday began discussions with the Nigerian Exchange Ltd.(NGX) to be listed and raise capital from investors. Group Chairman of the company, Otunba Bimbo Ashiru, said this at the closing gong ceremony by the firm…
…Ukeyima acknowledges NIMASA’s achievements By Seun Ibiyemi The Management of the Nigerian Shippers’ Council, led by the Executive Secretary, Barrister Akuta Pius Ukeyima paid a working visit to the Nigerian Maritime Administration and Safety Agency, NIMASA. The Director General of…
The World Bank says improved access to internet coverage in three years led to a seven per cent extreme poverty reduction in Nigeria and Tanzania. The apex development bank made this known in a recent report titled, “Digital transformation drives…
The Central Bank of Nigeria (CBN) has scheduled the first Monetary Policy Committee (MPC) meeting, under the tenure of Mr Olayemi Cardoso as governor, for Feb. 26 and Feb. 27. According to a statement by CBN’s Acting Director, Corporate Communications…
