Browsing: Business section

Debt servicing consumes N2.34 trillion in a year. According to research by The PUNCH, Nigeria’s outlay on debt servicing decreased…

Bank of Industry’s half-year assets increased by 67% to N3.3 trillion. The total assets of Nigeria’s Bank of Industry (BOI)…

NERC orders DisCos to cope with customer concerns,A new regulatory tool or Order was released by the Nigerian Electricity Regulatory…

MPC to increase MPR to strengthen the banking system. The Monetary Policy Committee (MPC) members of the Central Bank of…

Nigeria’s telecom industry now accounts for 16% of GDP, according to Danbatta. The Nigerian Communications Commission (NCC), based on calculations…

Naira drops to N927/$ despite CBN attempts to ease FX backlog, Despite the Central Bank of Nigeria’s (CBN) efforts to…

Due to rising prices, business activity in Nigeria reaches a 5-month low. According to a new Purchasing Managers’ Index (PMI),…

The naira is in free decline once more as a $3 billion loan secured by the government-owned oil company NNPCL,…

Tuesday’s official market saw a 0.42 percent decline in the value of the naira despite a little increase in the…

The Central Bank of Nigeria (CBN) has finally released its eagerly anticipated audited accounts for the first time since 2015,…