Business
Forex: CBN injects $303m, CNY 46.58m into retail secondary market sales
The Central Bank of Nigeria (CBN), on Friday, injected the sum $303.91 million into the interbank retail Secondary Market Intervention Sales. This is...
China Summit Agreement: What it says and what it means
China and African countries agreed to work together toward an even stronger community with a shared future, according to a declaration adopted Tuesday...
SAHCOL confirms Agboarumi as MD
By Ruth Olurounbi Basil Agboarumi has been announced as the new Managing Director (MD) and Chief Executive Officer (CEO) of Skyway...
Rose Adebayo, Angela Aneke join UBA board
As the Pan African banks appoints two other men Two top women in the world of finance have joined the Pan African bank,...
Dangote now most valuable brand in Nigeria
The company of Africa’s richest man, Dangote Group, is now the most valuable brand in Nigeria, following an agency survey which revealed the...
Nigeria’s forex market gets another $210m from CBN
Nigeria’s Central Bank on Tuesday injected another sum of $210 million into the inter-bank foreign exchange market, ensuring that forex is available for...
Dangote wants African leaders to plan growth around millennials
By Ruth Olurounbi Given that 75% of the global workforce will be millennials by 2025, according to the Deloitte Millennial Survey and...
Diamond bank reward N3 million in scholarships to youths
Diamond bank on Monday announced plans to reward holders of its youth banking accounts with scholarships worth N3million. “The scholarship offer is our own...
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...
