Economy
NUPENG and the PENGASSAN have joined the strike ordered by the NLC
The supply and distribution of petroleum products across the country are under threat as the Nigeria Union of Petroleum and...
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CBN to revoke 154 microfinance banks’ licenses, 28 others
The Central Bank of Nigeria on Wednesday gave a notification to revoke the operating licenses of 182 other financial institutions...
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Economy may slip back into recession, CBN warns
The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday warned that weak economic fundamentals currently being shown...
Read moreCentral Bank of Nigeria Communiqué No 120 of the Monetary Policy Committee Meeting of Monday 24th and Tuesday 25th September, 2018
Background The Monetary Policy Committee (MPC) met on the 24th and 25th of September, 2018 and evaluated developments in...
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UBA emerges most innovative digital bank
UBA Plc has been recognised as the ‘Most Innovative Digital Bank’ of the year in the digital category of the...
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Honeywell posts N72b earnings, to open Sagamu factory
Honeywell Flour Mills Plc said it would commence production on the new factory in Sagamu next month, after it announced...
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Lagos leads as Nigeria’s foreign debt hits $22bn
The country’s foreign and domestic debts stood at $22.08bn and N15.63tn, respectively at the end of the second quarter of...
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Stakeholders berate MTN over persistent default, abuse of law
Following double sanctions slammed on the MTN Group over allegations of illegal repatriation of $8.13 billion, and another $2 billion...
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Osinbajo, Economic Mgt Team meet on minimum wage
Vice President, Yemi Osinbajo, on Tuesday presided over the meeting of the Economic Management Team (EMT), specially dedicated to discuss...
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CBN Lures Investors with Higher Treasury Bills Yields
As investors’ appetite for longer tenor treasury bills remained strong with demands for higher rates at last week’s auction, amid...
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