Strong Inflationary Pressures Keep Nigeria’s Private Sector PMI Down
Modupe Gbadeyanka By Modupe Gbadeyanka Strong inflationary pressures in November further negatively impacted companies in Nigeria, with new orders and…
December 2023
Coker-Odusote: 100 Days at the Helm of NIMC
Business Post Contributor By Walter Duru, Ph.D It was Albert Einstein who once said that “setting an example is not the…
Partnerships for Progress: Collaboration Between Banks and Fintechs is the Future of Banking in Africa
By Ike.S Anison Historically, the formal banking sector’s penetration in Africa has been relatively low. And, while there…
Naira Plunges 11.4% to N927/$1 at Official Market as FX Demand Rises
Adedapo Adesanya By Adedapo Adesanya The Naira started the first trading session in the last month of 2023 on a…
Newrest, FrieslandCampina, Acorn Drive 0.14% Gain at Unlisted Stock Market
By Adedapo Adesanya The trio of Newrest Asl Plc, FrieslandCampina Wamco Nigeria Plc, and Acorn Petroleum Plc made…
Oil Falls on Worries About Voluntary Supply Cuts
By Adedapo Adesanya Oil slumped by more than 2 per cent on Friday as traders showed scepticism about…
Sanwo-Olu Assures Businesses More Incentives, Commissions New Godrej Factory
By Modupe Gbadeyanka Business owners in Lagos have been assured of more incentives by the state governor, Mr…
Nigerian Exchange Begins December With 0.08% Growth
Dipo Olowookere By Dipo Olowookere The Nigerian Exchange (NGX) Limited commenced the first trading session in December 2023 on a…
CBN Orders Banks to Place PND on Accounts Without BVN, NIN
By Adedapo Adesanya All bank accounts without Bank Verification Number (BVN) and National Identification Number (NIN) will from…
LCCI Demands Transparency in CBN Recapitalisation Plan
By Adedapo Adesanya The Lagos Chamber of Commerce and Industry (LCCI) has urged the Central Bank of Nigeria…