Nigeria

CBN spent N2.36TR to MOP up N18.7TR

The Central Bank of Nigeria, CBN, is estimated to have spent about N2.36 trillion to mop up N18.7…

Nigeria’s Central Bank Pumps $210 Million into Forex Market, Assures Of Naira Stability During 2019 Elections

CBN makes first foreign exchange intervention for the year 2019 with $210 million at the inter-bank market. Nigeria’s…

Nigeria’s e-payment Transactions Hit N56.85tn

Report from the Nigerian Interbank Settlement System (NIBSS) has indicated that Nigeria’s electronic payment (e-payment) services recorded transactions…

TETfund predicts Nigeria to become 14th best economy by 2050

The Tertiary Education Trust Fund (TETfund) has predicted Nigeria would become the 14th best economy in the world…

Buhari’s appointee, Ben Akabueze confirms Nigeria is facing serious financial challenges

Director-General of the Budget Office, Mr. Ben Akabueze, has said that the nation is facing financial challenges, with…

Blackberry Targets 10% Share of Nigeria’s Market

Smartphone brand, Blackberry has declared its intention to target 10% of share of Nigeria’s market, on its return…

Saudi Arabia consults Nigeria on stabilizing global oil prices

The Minister of Petroleum, Industry and Mineral Resources of the Kingdom of Saudi Arabia, Khalid Al-Falih has recently…

BREAKING NEWS: Nigeria’s Finance Minister, Kemi Adeosun resigns

Nigeria’s Finance Minister, Kemi Adeosun, has allegedly resigned. However, it is not clear when she submitted her resignation…

Ecobank Nigeria’s new Managing Director reconfirms Customer-Centricity in Ecobank’s Flagship Affiliate – Nigeria

Patrick Akin Akinwuntan, Managing Director and Regional Executive of Ecobank Nigeria, starts his new role today. The vastly…

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VW signs MoU to make Nigeria automotive hub in West Africa

German Automobile manufacturer, Volkswagen, has signed a memorandum of understanding (MoU) with Nigeria to turn the country into…

Nigeria’s Debts Hit $22b

Nigeria’s external debt stock has hit $22billion, the Debt Management Office (DMO) announced yesterday. According to DMO, Out…

LCCI to Host Workshop

The Lagos Chamber of Commerce and Industry (LCCI), will hold a national workshop focusing on the transportation industry…

Company Launches its all New Alfa P400 Three-Wheeler in Nigeria

For years, Mahindra has been partnering in the growth story of Africa, offering its range of products across…

FG Unveils New National Carrier

Hadi Sirika, Minister of State for Aviation, has unveiled the name and logo of the new national carrier,…

Aiteo Adjudged Company of The Year at Nigeria Oil and Gas Conference Awards

The Aiteo group was declared Indigenous Oil and Gas Company of the Year at the Nigerian Oil and…

Heritage Bank Partners NANTA To Launch Nigeria Travel Practitioner Identification Card

Heritage Bank Plc, Nigeria’s most innovative banking services provider, has partnered with the National Association of Nigeria Travel…

Nigeria’s Unbanked Population Stands At 37% – CBN

Barely two years to the 2020 target to reduce unbanked Nigerians to 20 per cent, the Central Bank…

OPEC Report: Nigeria’s Crude, Second Highest Valued in 2017 Reference Basket

Nigeria’s Bonny light crude oil blend maintained an average spot price of $54.55 per barrels in 2017 to…