Business
MPC: CBN Reduces Interest Rate To 12.5%, Says Nigeria May Escape Recession
May 28, 2020
MPC: CBN Reduces Interest Rate To 12.5%, Says Nigeria May Escape Recession
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) yesterday voted to: reduce the Monetary Policy Rate…
Removing TCN Head May Jeopardize $1.66bn Transmission Projects, Threatens Power Sector Reforms – Forum
May 28, 2020
Removing TCN Head May Jeopardize $1.66bn Transmission Projects, Threatens Power Sector Reforms – Forum
The removal of the Managing Director of the Transmission Company of Nigeria (TCN), Mr Usman Gur Mohammed, may reverse key…
Buhari Directs Funding To Begin Siemens Power Deal
May 28, 2020
Buhari Directs Funding To Begin Siemens Power Deal
President Muhammadu Buhari said he has approved the release of funding to begin the first part of the Phase 1…
COVID-19: CBN Reduces Interest Rates On OFIs To 5%
May 27, 2020
COVID-19: CBN Reduces Interest Rates On OFIs To 5%
As part of its continued effort to mitigate the impact of the corona virus (COVID-19) on households, businesses and regulated…
Dangote, MTN emerge most admired African brands
May 27, 2020
Dangote, MTN emerge most admired African brands
For the third time in a row, Dangote Group has emerged as the most admired African brand, of African continent…
Nigeria Develops Standards For Tomato Value Chain
May 26, 2020
Nigeria Develops Standards For Tomato Value Chain
Nigeria has developed draft codes of practices for the tomato value chain from planting, harvesting, processing and transportation to storage,…
Nigeria’s GDP grows by 1.87% in Q1, 2020 -NBS
May 25, 2020
Nigeria’s GDP grows by 1.87% in Q1, 2020 -NBS
The National Bureau of Statistics (NBS) has said that the country’s Gross Domestic Product (GDP) grew by 1.87%(year-on-year) in real…
CBN: ‘MPC’ll retain all parameters, except CRR to check rising inflation’
May 23, 2020
CBN: ‘MPC’ll retain all parameters, except CRR to check rising inflation’
A renowned Professor of Finance and Capital Market at the Nasarawa State University, Keffi, Uche Uwaleke has predicted the Monetary…
COVID-19 Lockdown: DisCos Get 2,715 Complaints On Poor Electricity Supply
May 22, 2020
COVID-19 Lockdown: DisCos Get 2,715 Complaints On Poor Electricity Supply
Despite assurances from power firms on improved services during the five-week lockdown of over the new Coronavirus (aka COVID-19)…
Eid-el Fitr: CBN Reschedules MPC Meeting
May 21, 2020
Eid-el Fitr: CBN Reschedules MPC Meeting
The Central Bank of Nigeria (CBN) today announced that the May 2020 meeting of the Monetary Policy Committee (MPC) has been…