ECONOMY

Nigerian Stock market loses N291bn in four days - Despite analysts’ predictions that the performance of the Nigerian stock market would begin picking up in the second half of the year,...

CBN identifies major economic sabotage in Nigeria - The Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele,  says the bank, with some stakeholders, have identified smuggling and dumping as...

Nigeria’s cocoa revolution gets boost as NEXIM disburses N20b - The Nigeria Export and Import Bank (NEXIM) has said it has plans to reverse the dwindling production and processing of cocoa...

Economy: Nigeria’s GDP rises by 2.01% In Q1, 2019 – NBS: The National Bureau of Statistics (NBS), said the nation’s Gross Domestic Product (GDP) grew by 2.01 per cent (year-on-year) in...

FIRS: Nigerians paid N1.5tn tax in Q1 of 2019 - The Federal Inland Revenue Service (FIRS) has said Nigerians paid a total of N1.5 trillion tax in the first quarter (Q1)...

CBN plans big for Nigeria’s Creative industry - The Central Bank of Nigeria in collaboration with the Bankers’ Committee as part of efforts to boost job creation in Nigeria, particularly among...

CBN creates unit to regulate FinTech startups - The Central Bank of Nigeria (CBN) plans to establish a Collateral Management Regime (CMR) to regulate the activities of financial technology (FinTech) firms...

Guinness Nigeria Plc Reports Q3 2019 Results - Guinness Nigeria Plc, a leading beverage and alcohol Company in Nigeria and a subsidiary of Diageo Plc, today announced its unaudited results...

Nigeria to issue N20bn 30-year bond next week - The Debt Management Office (DMO) says the Federal Government will on April 24, issue a 30-year bond for the first time. The...

More foreign investments came into Nigeria after general elections - CBN: The Nigerian economy has recorded about $5 billion foreign investment inflows post-general elections in February/March 2019. The Governor of the...