Power Distribution Companies (DisCos) is seeking Central Bank on Nigeria-funded massive meter rollout project to ensure electricity customers are adequately metered. The intervention they say will...
The naira depreciated by 0.06 percent to N386.75/$ at the Investors and Exporters (I&E) foreign exchange window on Wednesday. The I&E forex window had opened at...
Adebayo Obajemu The Central Bank of Nigeria (CBN) has said it has given approval to Stirling Trust Company Limited to commence cash-in-transit operations in the country....
The Naira depreciated 5.54 per cent at the official window on Tuesday closed at 381.00/$1 as the Central Bank of Nigeria (CBN) attempts to unify the...
ByEMEKA EJERE The recent reports of the International Monetary Fund (IMF), suggesting that Nigeria’s economic woes will deepen in 2020 can be everything but good news...
The Nigerian economy has been struggling with many headwinds this year, which have stunted growth, as the government tries different measures to stimulate growth. Mr. Johnson...
By OKEY ONYENWEAKU As the Coronavirus pandemic continues to ravage the world, every country, city and locality has deployed every acceptable strategy known to them to...
By FELIX OLOYEDE The low volume of activities in the Nigerian foreign exchange market is an indication of the poor state of the country’s economy, inhibited...
By JULIUS ALAGBE Amidst concern for economic recession which has generally clouded earnings outlook for 2020, banks are also struggling to meet the Central Bank regulations....