Budget under threat as oil sinks to $54
Businessam StaffFebruary 4, 2020
The international oil benchmark, Brent crude, plummeted to its lowest level in more than a year on Monday, trading below the Federal
US imposes immigrant visa ban on Nigeria, 6 other countries
Samson EchenimFebruary 1, 2020
By Samson Echenim US president, Donald Trump has imposed an immigrant visa ban on Nigeria and six other countries, earlier
States generate N986.2 billion IGR in 9-month, rise by 16.8%
Businessam StaffJanuary 31, 2020
States in Nigeria generated the total sum of N986.2 billion Internally Generated Revenue (IGR) between January and September 2019. The
BREAKING: Senate confirms Kingsley Obiora as CBN deputy gov
Businessam StaffJanuary 30, 2020
The Senate on Thursday, confirmed the appointment of Kingsley Obiora as a deputy governor of the Central Bank of Nigeria. President
Lagos raises N100bn from capital market for infrastructure
Businessam StaffJanuary 30, 2020
Babajide Sanw-oolu, the Lagos State governor, yesterday signed documents for the release of N100.33 billion, which the state
Investors still have N60bn unclaimed dividends with companies – SEC
Businessam StaffJanuary 29, 2020
The Securities and Exchange Commission (SEC) says investors have not come forward to claim dividends worth N60 billion. Mary Uduk, the
FG recorded N4.62tn fiscal deficit in 2019 — CBN
Businessam StaffJanuary 29, 2020
The federal government recorded a fiscal deficit of N4.62tn in its operations in the 2019 fiscal period, figures obtained from the
Buhari writes Senate, seeks confirmation of Obiora as CBN Deputy Gov, Akande as NCC Chairman
Businessam StaffJanuary 28, 2020
…seeks Nuhu’s confirmation as NCAA Director-General The Senate has received a request from President Muhammadu Buhari for the
CBN pumps $9.98bn into forex market in Q4
Businessam StaffJanuary 28, 2020
The Central Bank of Nigeria (CBN) sold a total of $9.98 billion to authorised foreign exchange dealers in the fourth quarter of 2019.
Again, Emefiele forecloses possibility of currency devaluation
Businessam StaffJanuary 27, 2020
Godwin Emefiele, the governor of the Central Bank of Nigeria (CBN), has again ruled out the possibility of a naira devaluation, amidst