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Monday, December 23, 2024

CATEGORY

Economy

Osinbajo Seeks Approval To Borrow $1.28bn, €9m

Acting President Yemi Osinbajo has sought to include the Development Bank of Nigeria (DBN) and Fund for Agricultural Finance in Nigeria (FAFIN-II) in the...

Naira Climbs To A 3-Month High Against Dollar

Naira cruised strongly into the weekend, exchanging at N380/$1 in the parallel market. This is ahead of Monday’s Central Bank of Nigeria (CBN) led Monetary...

CBN Releases List Of Items Valid For Forex

The Central Bank of Nigeria (CBN) on Wednesday published a list of items, for which importers can source foreign exchange (Forex) from the market. CBN...

NNPC To Resume Oil Exploration In Borno As Peace Returns To State

The Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Alhaji Maikanti Baru, has said the corporation has concluded arrangement to mobilize heavy...

Keystone Bank Revamps Branches Nationwide [PHOTOS]

On the heels of the announcement of the successful sale of Keystone Bank Limited and the promise of the new investors to take active...

Nigeria’s public finance broken, recurrent expenditure in excess of total revenue – Soludo

Former Governor of Central Bank of Nigeria, CBN, Professor Chukwuma Soludo,​ has expressed worry over the public finance system, lamenting that recurrent expenditure was...

NNPC, Partners To Boost Domestic Gas Supply By 285%

In a bid to realize the Federal Government’s mandate to deploy the nation’s gas resources to stimulate economic growth, the Nigerian National Petroleum Corporation...

Naira Retains Ground At Parallel Market

The naira on Thursday appreciated marginally against the dollar at the parallel market at N390 to the dollar, the News Agency of Nigeria (NAN)...

Amidst Sector Challenges, Oando Posts N1.7bn Profit

Despite the challenges affecting the Oil and Gas industry, Oando Nigeria Plc recorded a profit- after- tax of N1.71 billion in its first quarter...

CBN Loans To Banks Drop By 6% To N1.8trn

Loans from the Central Bank of Nigeria (CBN) to banks dropped by 6.7 per cent to N1.8 trillion last week. LEADERSHIP can authoritatively reveal that...

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