Capital Market experts on Monday expressed optimism that the ban on cryptocurrencies by the Central Bank of Nigeria (CBN) would likely trigger enhanced activities in the nation’s stock market. They said this in an interview with newsmen in Lagos, while…
The Market Traders Association of Nigeria (MATAN) has appealed to the Federal Government to extend ‘Trader moni’ programme and other interventions to accomodate more petty traders. Dr Sadiq Auwalu, the National Publicity Secretary of the association, made this call in…
Malam Farouk Salim, Director-General of the Standards Organisation of Nigeria (SON), has warned gas plants and dealers against under-dispensing of oxygen and other medical gases as the nation grapples with the COVID-19 pandemic. Farouk, who gave the warning in a…
The People’s Bank of China, the central bank, says it will conduct this year’s first Central Bank Bills Swap (CBS) operation on Friday to improve the liquidity of perpetual bonds issued by commercial banks. The CBS, valued at five billion…
The safe-haven U.S. dollar fell on Thursday as risk sentiment improved after data showed that U.S. jobless claims fell in the latest week, while dire gross domestic product figures met expectations. The U.S. economy contracted at its sharpest pace since…
The Nigerian Ports Authority (NPA) said 17 ships at the Lagos ports were discharging general cargo, bulk wheat, petrol, frozen fish, container bulk sugar, automobile gasoline and base oil. It said it was expecting 24 others laden with petroleum products,…
The Standards Organisation of Nigeria (SON), on Thursday, destroyed over 6,000 expired and substandard imported tyres confiscated in Port Harcourt, Rivers. Supervising the destruction in Enugu, Mr Obinna Manafa, the Director, Inspectorate and Compliance Directorate of SON, said that the…
Mr Ekerete Gam-Ikon, an Insurance Consultant, has appealed to the insurance industry to collaborate and work towards re-building and reinforcing the confidence of the people through health and life insurance products. Gam-Ikon told newsmen in Abuja on Thursday that the…
The US-Nigeria Trade Council, United States of America says there is need to urgently review the challenges faced by Nigerians both at home and in diaspora in the ongoing National Identification Number (NIN) registration exercise. The council made the call…
As Central Bank of Nigeria (CBN) opens its Monetary Policy Committee (MPC) meeting on Monday, a financial expert, Mr Okechukwu Unegbu, has advised the committee to address rising inflationary rates. Unegbu, who gave the advice in an interview with the…
