Nigeria, one of Africa’s biggest oil producers, has positioned itself to benefit from the N200billion in new investment this year , as focus of oil
Category: Business
business
Stock Market Closes Flat, Loses N1bn
Activity on the Nigerian stock market yesterday was flat as the capitalisation declined by N1 billion amid profit-taking on MRS Oil Nigeria and 21 others.
Boosting Non-Oil Exports: NEXIM Visits Saudi’s Development Banks
LAGOS – A delegation from the Nigerian Export-Import Bank (NEXIM) led by the Managing Director/Chief Executive, Mr. Abba Bello; Executive Director, Corporate Services, Bala Bello and
Nigeria: CBN Counters IMF, Says 52% Anchor Borrowers Loan Repaid
The Central Bank of Nigeria has said that the total loan repayments under the Anchor Borrowers’ Programme (ABP) stood 52 per cent in February. The CBN spoke
NGX Group Plc posts N698.48m as profit in 12 months
The Nigerian Exchange Group Plc (NGX) on Monday published its Audited Financial Statement for the year ended 31 December, 2022. The Group reported a turnover
CBN releases N114bn under 100-for-100 policy
The Central Bank of Nigeria has disbursed N114.17bn to beneficiaries under its 100-for-100 Policy on Production and Productivity since the commencement of the intervention. This
CBN Anchor Borrowers’ Loan Repayment Stands At 52.39%
The Central Bank of Nigeria (CBN) has disclosed that total repayments as of the end of February 2023 under its Anchor Borrowers’ Programme (ABP) now
Google Commits $4m For Black Founders Fund In Africa, Europe
Google has opened applications for the third cohort of Black Founders Fund for Startups in Africa and Europe, in line with its commitment to digital
Non-oil export earnings hit $75m
Earnings from non-oil export in October and November rose to $75m, figures obtained from the Central Bank of Nigeria have revealed. The CBN stated in
Amidst Macro Economic Challenges, Banks’ Prime Lending Rate Hit 13.67% in January
Amid severe macro economic challenges and increase in Monetary Policy Rate (MPR), commercial banks’ prime lending rate to most credit-worthy customers increased to 13.67 per