Again, Emefiele forecloses possibility of currency devaluation
Godwin Emefiele, the governor of the Central Bank of Nigeria (CBN), has again ruled out the possibility of a naira devaluation, amidst
Equities generate N22.76bn turnover in one week
Equities listed on the Nigerian Stock Exchange generated a total turnover of 1.237 billion shares worth N22.76bn in 21,156 deals last
Can Luxury Retail Attract a New Generation of Shoppers?
In spring 2019, Saks Fifth Avenue unveiled a lavish, much-publicized $250 million renovation of its iconic Manhattan store. Meanwhile,
CBN increases banks’ Cash Reserves Ratio to 27.5%
The Monetary Policy Committee of the Central Bank of Nigeria on Friday altered the Cash Reserves Ratio from 22.5 per cent to 27.5 per
Trade deal: US pushes India to buy $5-6 billion more farm goods
The United States wants India to buy at least another $5-6 billion worth of American poultry and farm goods if New Delhi wants to win
FG suspends salaries of tertiary institutions’ workers not on IPPIS
The federal government has suspended the release of the funds for the payment of salaries of workers of tertiary institutions who have
States bow to pressure, reduce RoW charges for telecoms facilities
The governors of the 36 states of the federation have unanimously agreed to reverse the Right of Way (RoW) charges for telecoms
Buhari directs trade minister to set up agro-allied industry in 36 states
President Muhammadu Buhari has directed the ministry of industry, trade and investment to establish agro-allied industry in each state
FG to borrow N2tn from N10tn pension fund
The National Economic Council (NEC) Thursday in Abuja announced the resolve of the federal government to borrow N2 trillion from the
AfDB to invest $600m in Africa for alternative energy
The African Development Bank says it has freed up $600 for investment in renewable energy in Africa. Akinwunmi Adesina, the president,