The Nigerian National Petroleum Company Limited (NNPCL), says it is collaborating with the Nigeria Extractive Industries…
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Forex gains: Banks’ profits balloon by 156% to N2.3trn
Banks have recorded another round of extra-ordinary profits against the backdrop of foreign exchange revaluation gains arising…
Continue ReadingCBN Begins Clearance Of $10bn Forex Backlogs Of Foreign Airlines, Others
The Central Bank of Nigeria (CBN), has started clearing over $10 billion foreign exchange backlogs of commercial banks…
Continue ReadingCadbury Nigeria records N4.3 billion pre-tax profit in Q3, 2023
FMCG company, Cadbury Nigeria Plc recorded a pre-tax profit of N4.30 billion in Q3 2023, a…
Continue ReadingObasanjo urges FG to ban Chinese Adire, train local producers
Former President Olusegun Obasanjo has urged the Federal Government to ban importation of Chinese adire into…
Continue ReadingReps Summon CBN Governor Cardoso Over Lifting Forex Ban On 43 Items
The House of Representatives has summoned Central Bank of Nigeria (CBN) Governor, Yemi Cardoso, to explain…
Continue ReadingNigeria, EU sign over €900m agreements for developmental projects
Nigeria and the European Union, on Thursday, signed finance agreements worth over €900m for development projects.…
Continue ReadingNaira hits N1,100 to dollar
The naira sustained its downward trend against the United States dollar on Monday as it weakened…
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