The Central Bank of Nigeria (CBN) says it has committed about N30 billion to enhance Oil-palm…
Category: Business & Economy
CBN Backs Land Border Closure, Invests N146bn in Rice Farming
The Central Bank of Nigeria (CBN) has backed the federal government’s closure of all land borders…
Group advocates reduction in taxes
The Nigerian Economic Summit Group has emphasised the need for the government to reduce the number…
FG seeks $2.5bn loan from World Bank
The Federal Government is currently in talks with the World Bank for a fresh $2.5bn loan.…
CBN restricts forex for importation of cassava products
The Central Bank of Nigeria has said it will no longer provide foreign exchange for…
Nigeria Approves Three New ‘Payment Service Banks’
The Central Bank of Nigeria on Wednesday granted approvals-in-principle (AIP) to three new Payment Service Banks…
World Bank in Talks with Nigeria for Fresh $2.5 Billion Loan
The World Bank and Nigeria are in talks for as much as $2.5 billion in a…
CBN’s new cashless policy: Group seeks more time before implementation
The Lagos Chamber of Commerce and Industry (LCCI) has reacted to the Central Bank of Nigeria’s plan…
NSE lifts trading suspension on R.T Briscoe shares
The Nigerian Stock Exchange on Wednesday lifted the suspension it placed on trading in the shares…
Inflation dropped to 11.02% in August- NBS
The National Bureau of Statistics on Tuesday said the Consumer Price Index, which measures inflation, dropped…