ECONOMY

NNPC secures $1 billion for upstream operations - The Nigerian National Petroleum Corporation (NNPC) has secured a prepayment funding of $1billion to support the upstream operations of its subsidiary, Nigerian Petroleum...

Nigeria to reposition economy with N2.3tn - Adesina - The Special Adviser to the President on Media and Publicity, Mr Femi Adesina, has said the Federal Government will spend N2.3tn to...

CBN forex sales resumption to boost naira rate - The resumption of forex sales to the Bureau De Change operators by the Central Bank of Nigeria on Monday (today) will strengthen...

More pains ahead as IMF, World Bank Take Over Nigeria’s Economy - Although this seems a difficult period for Nigerians, Sunday Tribune investigations have, however, revealed that it could actually be...

CBN sets N10bn maximum loan for intervention fund - The Central Bank of Nigeria has set N10bn as the maximum loan an obligor can access under its N250bn intervention fund for...

Investors gain N26bn as market capitalisation sustains growth - The local bourse on Thursday sustained positive sentiment to fifth consecutive trading session as the market capitalisation gained N26bn. The key market...

Why manufacturers are protesting CBN forex policy - The Central Bank of Nigeria (CBN) has removed third parties or middlemen from its Secondary Market Intervention Sales (SMIS) forex window through Form...

speculators count losses as Naira rebounds, exchanges for 420/$ - The naira exchanged to the dollar at the parallel market at N420/$ on Wednesday, following the interventions made by the Central...

ABCON: N386/$ new exchange rate not sustainable - The President, Association of Bureaux de Change Operators of Nigeria, Alhaji Aminu Gwadabe, has said that the new exchange rate for the operators...

Nigeria Stock Exchange suspends six companies - The Nigerian Stock Exchange (NSE) has suspended trading in six companies over their inability to comply with corporate governance rules and best practices that...