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CBN Reintroduces Publication Of Key Economic Reports
The Central Bank of Nigeria (CBN) has reintroduced the publication of several key economic reports. CBN, in a statement on...
Equity market begins week with N404bn loss
Report states that the Nigerian equity market closed the first trading day of the week on a negative note, with...
NDIC pays Heritage Bank depositors with balances exceeding N5m
The Nigeria Deposit Insurance Corporation (NDIC) has said it has reimbursed 82.36 per cent of the customers of the defunct...
FG Lifts Suspension Of Arik Air’s Flight Operations
Federal Government has lifted the suspension on the operations of Arik Air. Michael Achimugu, the Director of Public Affairs and...
Naira closes 1,596/$ as forex inflows hit $25bn
The Central Bank of Nigeria has revealed that the net foreign exchange flows into the country increased to $25.4bn in...
FG Moves To Revive Cotton/Textile Industry
Federal Government has collaborated with the International Cotton Advisory Committee (ICAC) to revive the moribund cotton/textile industry. Disclosing this in...
Global stock markets plunge on US recession fears
Report states that Wall Street stocks deepened their losses on Monday and Tokyo had its worst day in 13 years...
Food Importation Gulps $689.88 million in Q1 2024
The import of food products gulped about $689.88 million in the first quarter of 2024, which is about 17% of...
Foreign investors moving in according Cardoso
Central Bank of Nigeria Governor, Olayemi Cardoso, yesterday disclosed that foreign investors are already moving funds into the country to...
Hundreds Of Dollars Laundered Out Of Nigeria Every Hour
International Police Organisation’s investigation has shown that every hour, hundreds of thousands of dollars are being laundered out of Nigeria...
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