Business

Nigeria’s Finance Minister Calls for Discipline in Money Supply as FG, States, LGs Spend N966.11bn in July

This is a N59 billion increase from the N907 billion that was distributed in June.

1 year ago

Paul Alaje: Wale Edun Needs To Redirect Nigeria’s Economy From Consumption To Production

“When you’re consuming and you’re devaluing, you’re only digging your own grave.”

1 year ago

Nigeria Air: Chief Judge Reverses Decision To Hear Suit in Abuja

The Chief Judge of the Federal High Court, Justice John Tsoho, has reversed the decision to transfer the suit filed…

1 year ago

JP Morgan: With $4.5bn Debt Service, Lower FX Position, Nigeria Requires Sustained Reforms to Attract Capital Inflows

“Thus, in our view, continuing on the reform path would be imperative to allay concerns on the external side.”

1 year ago

Libya Central Bank Reunifies After Nearly A Decade

The move towards the unification of the bank started in 2020 as part of a peace progress attempt.

1 year ago

Onitsha River Port Receives First Commercial Barges

It is expected to herald a weekly occurrence of 600 tons of tiles to Onitsha and 600 tons of clay…

1 year ago

Report: Nigerian Manufacturers At Receiving End of Country’s Debt Burden

“A whooping debt service-to-revenue ratio of over 100 percent may spell doom for the new administration."

1 year ago

Nigerian Textile Manufacturers Seek Special Grant From Government to Revive Industry

A former president, Carpet Manufacturers Association of Nigeria, said over 30 textile companies in Nigeria have closed shop, and 60,…

1 year ago

Fraudsters Steal N9.5bn Electronically From Nigerian Banks and Payment Systems in 7 Months

The CBN called for enhanced collaboration to stem the tide, and also released fresh guidelines for forex sale by BDCs.

1 year ago

Zulum Seeks Collaboration with Customs For Growth of Business in Borno

This will be through enhanced trans-border trade with neighbouring countries of Cameroon, Chad and Niger Republic.

1 year ago