Capital inflow crashes by 80%, foreign investors shun Nigerian market
Capital inflow to Nigeria has crashed by 80 per cent in two years, the Central Bank of Nigeria reports have…
Naira loses steam, slides to 555/dollar in parallel market
The naira lost steam at the parallel market on Monday, sliding to 555 per dollar. The local currency had crashed…
CBN rule bars BVN violators from opening bank accounts
It will no longer be business as usual for violators of Bank Verification Number (BVN). They have been barred from…
FG’s November bonds oversubscribed by N117.15bn, says DMO
The Federal Government’s bonds for November worth N150bn, which were auctioned on November 17, were oversubscribed by N117.15bn, the Debt…
BoI offers funding opportunities for startups
The Bank of Industry (BoI) has unveiled new funding opportunities for tech startups with creative solutions to problems faced by…
Obasanjo advocates Made-in-Africa brand
A former President of Nigeria, Chief Olusegun Obasanjo, has called for a special ‘Made-in-Africa’ brand to promote intra-African trade and…
FG begins disbursement of N656bn Bridge financing
The Minister of Finance, Budget and National Planning, Zainab Ahmed, informed the National Economic Council on Thursday, that the Bridge…
Nigeria will be among world’s top three potato producers by 2025, says Agric Minister
Mustapha Baba Shehuri, minister of state for agriculture and rural development, says Nigeria will be among the world’s top three…
India’s Prime Minister Urges Global Collaboration on Bitcoin, Cryptocurrency
The prime minister of India, Narendra Modi, has urged democratic countries to work together to ensure that cryptocurrency, particularly bitcoin,…
Stock market loses N49bn as 24 firms decline
The equities market of the Nigerian Exchange Limited declined by N49.21bn at the end of trading on Wednesday as 24…