Business
Nigeria’s forex market get $543m, CNY 63m from CBN
Retail segment receives $323m boost SMEs, other get $155m The Central Bank of Nigeria (CBN) on Thursday and Friday, August injected a total...
Diamond Bank disburses N1bn to SMEs under cash-flow based lending scheme
Diamond bank on Monday announced the disbursement of over N1 billion to support Small and Medium-Scale Enterprises (SME) under the cash flow-based SME lending...
CBN invites bids for Chinese yuan in second auction
The Central Bank of Nigeria has asked lenders to submit bids for the Chinese yuan in its second auction of the currency after...
Toyota debuts new generation Camry in Nigerian market
By Ruth Olurounbi A new generation Camry, which has so far sold more than 18 million units “across regions” since 2015 has been...
Inflation in Nigeria drops to 11.14% in July
Nigeria’s inflation declined to 11.14% for the 18th time year-on-year according to data released by the National Bureau of Statistics (NBS), Wednesday. The...
DMO secures additional N100bn debt for 2018 budget
By Ruth Olurounbi Nigeria has secured more than half of the total sum of N849 billion it needs from the domestic market to...
At least 2 heads of state expected at 4th Tony Elumelu Foundation’s 4th annual largest gathering of African entrepreneurs
By Ruth Olurounbi, Business Editor, Abuja More than 5,000 entrepreneurs, global investors, leaders from the African public and private sectors as well...
NAHCO records turnover of N4.64bn H1 2018
By Ruth Olurounbi Nigeria’s ground handling service provider, NAHCO Aviance reports N4.64 billion turnover in the half year results, a 25% increase...
Nigeria plans to expand gas output to 40 million metric tons in 30 years
Nigeria’s transition to cleaner energy gets a little closer as investors in the country’s gas industry have been given an approval to...
Nigeria in $1.1bn agric package deal with Brazil
By Ruth Olurounbi Nigeria is said to be in the middle of a bilateral agreement negotiations with the Brazilian government to secure $1.1...
CBN survey finds Nigerian businesses expectant of naira appreciation this month
As firms expect inflation rates to decline A new Central Bank of Nigeria (CBN) survey report released on Friday has found that...
Fidelity bank strongly denies as ‘false’ claims from viral video about assault on customer
Fidelity bank denied as false claims by an online video post claiming a bank official assaulted customers at one of it’s branch in...
Engr. Yusuf Binji to be Cement Company of Northern Nigeria’s New MD
The Board of Directors of Cement Company of Northern Nigeria (CCNN), on Thursday announced the appointment of Engr. Yusuf Binji as its new...
Conoil H1 2018 profit after tax rises by 29% to N5billion
Conoil Plc, a Nigerian energy provider, reported first half year increase of 29% in profit after tax to N550.6 million from N427.3 million....
Diamond Bank Trains Business Owners in Ibadan
Diamond bank plc, in line with its strategic drive and promise to enhance the development of young enterprises in Nigeria, held a business...
