Inflation: Experts task CBN on flexible exchange rate
Financial experts have urged the Central Bank of Nigeria (CBN) to adopt a flexible foreign exchange rate regime and address the food insecurity triggering inflationary rate in the country.
exchange
China to open exchange bond market to institutional investors
China said it would allow foreign institutional investors to invest in bonds on its exchange market as part of efforts to help increase capital inflows to […]
Chinese, Bahamian FMs exchange congratulations on 25th anniversary of diplomatic ties
Chinese State Councillor and Foreign Minister, Wang Yi, and the Bahamas’ Minister of Foreign Affairs and the Public Service, Frederick A. Mitchell, on Monday exchanged […]
Economists task CBN on widening official, parallel markets exchange rates gap
Some economists on Tuesday urged the Central Bank of Nigeria (CBN) to address inadequate foreign exchange supply to close the widening gap between the official […]
FAAN blames air fare hike on exchange rate, fuel price
The Federal Airport Authority (FAAN), has blamed the recent hike in air fare on increased cost of aviation fuel and exchange rate. Mr Kunle Akinbode, […]
Ex-MAN chairman tasks FG on more access to foreign exchange in 2022
Dr Wale Adegbite, former Chairman, Manufacturers Association of Nigeria (MAN), Ogun Chapter, has appealed to the federal government to create easier access to foreign exchange […]
MTN Nigeria lists N110bn Series 1 bond on FMDQ exchange
FMDQ Securities Exchange Ltd. (FMDQ Exchange) has approved the listing of MTN Nigeria Communications (MTN Nigeria) N110 billion Series 1 Senior Unsecured Fixed Rate Bond […]
Seplat confirms exchange rate to determine interim dividend for Q3
Seplat Energy Plc has confirmed the currency exchange rates to be applied in determining the interim dividend for the third quarter of 2021. The Company’s […]
eNaira: Experts task CBN on enlightenment campaign
Some financial analysts have urged the Central Bank of Nigeria (CBN) to ensure enhanced enlightenment campaign for the masses to embrace the eNaira digital currency […]
Amid headwinds, Zenith Bank’s profit before tax hits N180bn in Q3 2021
As a testament to its resilience and market leadership, Zenith Bank Plc has announced its unaudited results for the nine months period ended 30 September […]
PenCom introduces non-interest fund, issues operational framework
The National Pension Commission (PenCom) has introduced a Non-Interest Fund (Fund VI) and issued an operational framework on it to pension contributors and retirees.Head, Corporate […]
Ekpo tasks FG on effective implementation of Nigeria-China currency swap
An economist, Prof. Akpan Ekpo, has urged the Federal Government to effectively implement the Nigeria-China currency swap as nothing is wrong with it. Ekpo, a […]
NGE partner U.S Embassy to train journalists on freedom
The Nigerian Guild of Editors (NGE) says it is partnering the U.S Embassy in Nigeria to train journalists on media freedom and opening of civic […]
Chinese yuan weakens to 6.4032 against USD Friday
The central parity rate of the Chinese currency renminbi, or the yuan, weakened 142 pips to 6.4032 against the U.S. Dollar (USD) on Friday, according […]
2022 Budget: BOI assures of more facility for MSME – Sen Abiru
By Haruna Salami Senate Committee on Industry has gotten the commitment of Bank of Industry, BOI that the bank will give more attention to Micro, […]
Enugu consumers groan as prices of cooking gas, food items continue to soar
Residents of Enugu State have decried the continuous hike in the price of Liquefied Petroleum Gas (LPG) and staple food items such as rice and […]
Buhari’s 2022 Budget Speech
2022 BUDGET SPEECH Budget of Economic Growth and Sustainability Delivered By: His Excellency, President Muhammadu Buhari President, Federal Republic of Nigeria At the Joint Session […]
Senate receives revised 2022-2024 MTEF/FSP
The Senate, on Tuesday, received for consideration, the revised 2022-2024 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP). President Muhammadu Buhari’s letter to […]
Sule pledges to support ties between Nasarawa State University and Islamic University, Uganda
Gov. Abdullahi Sule of Nasarawa State has pledged to support collaboration between the state-owned university in Keffi and the Islamic University in Uganda. He made […]
COAS flags off Army exercises to curb insecurity
… Calls For Synergy among stakeholders By Chimezie Godfrey The Chief of Army Staff (COAS), Lieutenant General Faruk Yahaya has flagged off three Nigerian Army […]
UN chief urges ‘quantum leap in support’ for vulnerable nations
UN Secretary-General António Guterres has urged greater support for vulnerable nations as they tackle the challenges of debt distress, lack of investment, unfair trade and […]
Gains of joint efforts against insurgency
By Barnabas Joshua The tide has definitely turned in the protracted war of attrition against Boko Haram insurgents and their bandit offshoots. The insurgents have […]
Let citizens feel impacts of tax, FIRS advises governors
The Federal Inland Revenue Service (FIRS) has urged government at all levels to ensure that citizens feel the impact of collected tax in their areas […]
Ginger oil production, the growing green gold in Nigeria
By Agbaji chinedu Ginger is a perennial herb’s rhizome used as a spice, preservative, and medicine. Ginger oil, extracted from the Zingiber officinale herb plant […]
Nigeria’s agricultural exports should be demand-driven, NAQS DG says
Dr Vincent Isegbe, Director General of the Nigeria Agricultural Quarantine Service (NAQS) says Nigeria’s agricultural exports should be demand driven, as this would enable the […]