ECONOMY

Lagos state invests N103 billion to boost small businesses - Lagos State has invested over N103 billon to provide infrastructure to boost downstream contracts for Micro, Small and Medium Enterprises (MSMEs),...

Shareholders of Capital Hotels to Meet Over N11.3bn from New Investor - Shareholders Capital Hotels will have to gather at a special event fixed for next month in Abuja to decide...

FMDQ Exchange Admits N7.34bn FBNQuest Merchant Bank CP - FMDQ Securities Exchange Limited has approved the quotation of the FBNQuest Merchant Bank Limited N7.34 billion Series 19 Commercial Paper (CP) under...

CBN Blames Insecurity for Rising Food Prices - Monetary policy committee (MPC) members of the Central Bank of Nigeria (CBN) have raised concern over the impact the rising insecurity in the...

African Enterprise Initiative seeks support for Nigerian startups - The African Enterprise Initiative is set to mobilise capitalist in the six geopolitical zones of the country as part of efforts to...

By Philomina Attah Checking Illicit Financial Flows and impacts on Nigeria’s economy - Illicit Financial Flows (IFFs) is a global challenge, Nigeria is one of the hardest-hit countries. Citing the Global...

Naira Sells N505/$1 at Black Market as CBN battles FX liquidity issues - There were fresh signals of worries for the Naira as it depreciated by N2 against the Dollar at...

BUA Cement revenue increased by 19% in 2020 - BUA Cement Plc has announced a leap in revenues by 19.3 per cent to N209.4 billion in 2020 compared to N175,5 billion...

Nigerian Naira Appreciates to N411.25/$ at I&E - The Nigerian Naira (NGN) strengthened against the US Dollar at the Investors and Exporters (I&E) window of the foreign exchange (FX) market on...

CBN plans funding framework for youth entrepreneurs - The Central Bank of Nigeria (CBN) is working on instituting a framework that would enable young graduates from Nigerian universities to access low-cost...