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News
Nigeria’s FX Reserve Mechanism May Require Review as Stakeholders Gaze at the US$18bn Net Position
The recent scare about Nigeria’s net external reserve position has triggered a maelstrom of public commentaries ranging from tepid to…
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News
Manufacturing firms’ profitability down by 351% in H1 amid soaring OPEX
• Investors urge govt to grant moratorium to sectorThe harsh operating environment has triggered a downturn in the performance of…
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Business
PenCom to RSA holders: take advantageof Non-Interest Fund VI
The National Pension Commission (PenCom) has urged Retirement Savings Account (RSA) holders to take advantage of the benefits of the…
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Business
MTN Nigeria Communications Plc Proposed Issuance of up to N100bn Series 6 & 7 Commercial Paper Notes
MTN Nigeria Communications Plc has notified s the public of its proposed issuance of up to N100 billion Series 6…
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News
Forex crisis: NNPCL secures $3bn loan to stabilise naira
The Nigerian National Petroleum Corporation Limited has secured a $3 billion crude repayment loan to support the naira and stabilise…
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News
BREAKING: Tinubu releases ministerial portfolios.
Surprises as President Tinubu releases portfolios of ministers. Tinubu is the Minister of Petroleum, like former President Buhari. The ministry…
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News
Chukkol Warns PEPs Against Money Laundering
The Acting Chairman of the Economic and Financial Crimes Commission, EFCC, Abdulkarim Chukkol has warned relatives and friends of politically…
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News
RECIDIVIST RE-ARRESTED CONFESSES TO SIX KILLINGS.
Tinny a serial killer, armed robber, a cultist and number one of Eiye Confraternity is presently under police profiling before…
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News
Emefiele to be charged for N6.9 b Procurement Fraud
The Federal Government will on Thursday arraign the suspended Central Bank of Nigeria Governor, Godwin Emefiele and his associates for…
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Finance & Economy
Banks struggle to meet demand for PTA, BTA ahead of impending Naira crash
Nigeria’s lingering foreign exchange (FX) scarcity is currently keeping Deposit Money Banks (DMBs) resources grossly overstretched as they struggle to…
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