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COVID-19 could lead to negative economic impact in future – IMF
…Urges Nigerian beneficiaries to keep receipt of $3.4bn loan spending The International Monetary Fund has expressed fears over the impact...
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Germany to ramp up investment in African energy
In an exclusive webinar, 'Germany-Africa Economic Relations: Making Deals Post COVID-19,' panelists have sought to mobilise German investment into the...
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CBN devalues naira for second time in 2020
The Central Bank of Nigeria has devalued the naira or “adjusted” the official rate of the naira for the second...
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Currency in circulation hits N2.39tn
The Central Bank of Nigeria has said that currency in circulation rose by N95.13bn from N2.29tn at the end of...
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CBN directs banks to share customers’ data with Fintechs
The Central Bank of Nigeria has asked commercial banks to share their customers’ data with Financial Technology companies, to increase...
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Konga set to list on global stock market
A technology company, Konga, says it is planning to list on global stock markets as part of its expansion plan,...
Read moreCBN splashes N500m on healthcare R&D, issues guidelines
The Central Bank of Nigeria has said that beneficiaries of its Healthcare Research and Development Intervention Scheme, which targets manufacturing...
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BUA posts N101.3bn profit in Q2
One of Africa's largest cement producers BUA has posted N101.3bn revenue for the second quarter of 2020. The company's profit...
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Labour leaders hail banks’ new guidelines on debt recovery
Deposit Money Banks have commenced the implementation of the Central Bank of Nigeria’s Global Standing Instruction which allows them to...
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Capital market institute pledges to enhance SEC operations
The Nigerian Capital Market Institute is poised to enhance the market development role of the Securities and Exchange Commission by...
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