Economic News

The market capitalisation dropped by N413 billion or 3.5 per cent from N11.684 trillion to N11.271 trillion. The downtrend continued on lack of economic direction, and the much-needed positive information...

President Buhari was at the Bilateral Talks At The Sidelines Of 24th Session Of Climate Change In Poland...yesterday Monday, December 3, 2018..... President Buhari with President of Poland H.E. Andrzej...

Global Systems Mobile Association (GSMA) says modernised regulation and policy reform are crucial to boosting Nigeria’s digital economy and accelerating internet access through increased mobile broadband penetration. Mr Akinwale Goodluck,...

To stem cross border leakages and forestall attendant products price hikes, Managing Director of the Petroleum Products Marketing Company (PPMC), Mr. Umar Ajiya, has enjoined Major Marketers Association of Nigeria...

CBN LOGO The director, Corporate Communications at the CBN, Mr. Isaac Okorafor, while confirming the figures, said the CBN was pleased with the state of the forex market, adding that...

By Nurudeen Oyewole Vice President Yemi Osinbajo has revealed that a total of 809,000 traders are currently beneficiaries of the Federal Government’s N10,000 interest free loans to traders, otherwise known as...

Unity Bank Plc said it has achieved zero impairment and N643 million profit before tax for the nine months financial period ending September 30th, 2018. The bank disclosed this in...

After months of speculations that it was about to make the move, the Central Bank of Nigeria (CBN) yesterday announced an increase in the minimum capital requirement for Micro Finance...

Earlier this month, Jack Ma announced that he was stepping down as executive chairman of Alibaba Group Holding Ltd, the world’s largest e-commerce company. His decision caught many by surprise....

The monetary policy committee of the Central Bank of Nigeria says the economy’s exit from recession may be under threat. While reading out the outcome of the two-day meeting of...