Category - Business
Real-time reports of latest business news, finance, NSE including analysis and opinions on top stories and economic news.
CBN scales down lending rate for banks to 11.5% as covid-19 tightens credit
Oil prices lift as U.S. storm calms, Bonny Light dips by $2.06
Nigerian govt received over N1.8trn remittances from MDAs in 12 years –FRC
Fuel scarcity looms as govt bans big-capacity trucks
NSE: Trade almost flat as buy and sell pressure stretched taut
Solid minerals to drive Nigeria’s quest for industrialisation – Adegbite
Nigerian govt spent N8.9tr on subsidy in nine years – PPPRA
Nigeria’s oil sales revenue crumbles by 75% – NNPC data
Oil prices dip over Libya’s supply restart prospect; Bonny Light up by 0.28%
78 firms scramble for Nigeria’s pipeline revamp as NNPC opens bid round
Foreign reserves gain $141m in 17 days
Mutual Benefits, The Initiates, Arbico top Ripples Nigeria Stocks Watchlist
Heritage Bank sees new digital auditing modes as sure buffer against hard times
Window opens for N75bn MSME credit application
BUSINESS ROUNDUP: FG, states, LGs share N682bn for August; Shell facility shut down; See other stories that made our pick
Deregulation aiding modular refineries to spring up –DPR
NSE ROUNDUP: Market closes upbeat, but trade volume remains weak
NSE: Consumer goods gain drives market’s N21bn rally
FG, states, LGs share N682bn for August
Oil prices jump after Saudi’s quota compliance push, Bonny Light up by 4.30%
Nigerian govt revokes account self-certification order, apologises to Nigerians
Protesting youths shut down Shell flow-station
Transcorp Hilton Hotels to lay off 40% of workforce amidst plunging customer traffic
NNPC says its trade surplus jumped by 858% to N20.36bn in July
DPR generates N742bn in 8 months
Nigerian govt soon to begin PH-Maiduguri rail construction
NSE: Investors lose N9bn amid profit-taking in bank stocks
Nigerian govt asks bank account holders to undergo ‘self-certification’ process
Landlords cannot transfer existing electricity bills to new tenants –NERC
Electricity customers will only pay for meters through tariff costs –NERC
Nigerian economy performing better than projected –Finance Minister
CBN orders banks to provide domiciliary account details of Baba Ijebu, Bet9ja owners, 9 others
Climate change to cost Nigeria, others $15bn annually –AfDB
NSE: Market extends loss by N1.2bn as profit-taking deepens
Nigerian govt charges contractors to deliver Lagos-Ibadan rail project by December
Nigeria, others could lose 3.5m aviation jobs, $35bn to COVID-19 this year —IATA
Oil climbs as hurricane limits U.S. production; Bonny Light gains $0.58
Nigeria, other W.African nations to create maritime development bank, to raise $850m capital
Nigerian govt releases framework for solar mini-grid deployment
CBN inaugurates N200bn family home financing scheme
COVID-19: CBN’s disbursement of rescue package for businesses hits N369bn
NSE: Bank stocks lead trade as market retreats into negative territory
Banks must raise agric loans to 10% of credit assets within 4 years —Emefiele
Oil prices inch up but gloomy demand outlook caps gains; Bonny Light loses $0.46
Naira falls on black market after forex ban for food imports
Inflation hits 28-month high, rises to 13.22%
Nigeria’s oil output rises by 9% as OPEC forecasts fall in demand
AMCON takes over Gedee Zulu’s assets over N4bn debt
