Business

 Lufthansa Workers Commence Strike Over Pay Negotiations

The German airline said about 100,000 passengers will be affected by the strike.

8 months ago

Naira Depreciates at Official Window to N1,433/$1, Parallel Market Declines to N1,460/$1

The highest spot rate recorded on Tuesday, was N1,519.78/$1 while the lowest spot rate recorded was N894.99/$1.

8 months ago

Analysts Hail CBN Governor Cardoso’s ARISE News Interview 

They said his clarification will boost investor confidence in the economy.

8 months ago

NNPC, US, Deloitte Collaborate on Greenhouse Gas Emission Reduction

The project is sponsored by the United States Department of State Bureau of Enrgy Resources, Energy and Mineral Governance Programme.

8 months ago

Cardoso: Nigerians’ FX Demand For Education, Healthcare Nearly $40bn In Past Decade

"Mitigating a significant portion of these demands could have resulted in a considerably stronger naira today."

8 months ago

Esili Eigbe: CBN Should Call Emergency MPC Meeting, Raise Interest Rate

“The market needs to be able to take the word of the Central Bank to the bank and react accordingly.”

8 months ago

Toyota Increases Annual Profit Forecast After Surpassing Estimates in Q3

Toyota shares surged 4.4% after the announcement, recovering from a 0.7% fall earlier.

8 months ago

Naira Gains Third Consecutive Day at Official Window Reaching N1,419/$1, Parallel Market Dips to N1,450

The official window recorded the same daily turnover of $440.13 million on Monday compared to last week Friday.

8 months ago

Bank Directors Back CBN’s Reforms, Urge Industry Compliance

The association said it believed the recent guidelines by the apex bank were aimed at fortifying the nation's financial system.

8 months ago

Cardoso: CBN Focused On Creating Transparent Market Systems, Increasing FX Inflow

“Ultimately, I see a situation where people who require foreign exchange don’t have to know anybody in the banks.”

8 months ago