Economy - Page 2053

OTC Exchange Rises 1.17% Amid High Trading Volume

May 18, 2024

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange recorded a 1.2 per cent appreciation on Friday, May 17 amid a large trading activity

Economy

Japan Puts $9.7m Into Nigeria’s Solar Power Project

August 24, 2016

Dipo Olowookere

The sum of $9.7 million has been donated by the Japanese Government, through its agency, Japan International Cooperation Agency, to boost electricity in Nigeria.

Economy

CBN Orders Banks To Give 60% FX To Manufacturers

August 24, 2016

Dipo Olowookere

By Dipo Olowookere Banks in Nigeria have been directed by the Central Bank of Nigeria (CBN) to allocate 60 percent of their foreign exchange

Economy

CBN Bars First Bank, UBA, FCMB, Others From FX Market

August 23, 2016

Dipo Olowookere

By Dipo Olowookere Nine commercial banks operating in Nigeria were on Tuesday suspended by the Central Bank of Nigeria (CBN) from the interbank foreign

Economy

Proposed 9% Comm. Tax Won’t Affect Telecom Sector—NCC

August 23, 2016

Dipo Olowookere

By Dipo Olowookere The National Communications Commission, NCC, the telecommunications services sector regulator in Nigeria, has said it would do everything possible to ensure

Economy

Capacity Deficits Remain Challenge To West Africa—Emefiele

August 22, 2016

Dipo Olowookere

By Dipo Olowookere Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele, on Monday said that capacity deficits remained a major challenge facing

Economy

Buhari Vows To Strengthen Islamic Bank

August 22, 2016

Dipo Olowookere

By Modupe Gbadeyanka President Muhammadu Buhari says his administration will fortify its ties with the Islamic Development Bank (IDB) to fund critical projects in

Economy

NSE, Bloomberg Set For 2nd CEO Roundtable

August 22, 2016

Dipo Olowookere

By Modupe Gbadeyanka The second edition of a roundtable event organised by the Nigerian Stock Exchange (NSE) and Bloomberg is set to take place

Economy

Kaduna To Ban Sale Of High Energy Bulbs

August 22, 2016

Dipo Olowookere

By Modupe Gbadeyanka The sale of high energy bulbs in Kaduna State would soon be forbidden, the state’s Commissioner for Budget and Planning, Muhammad

Economy

Lagos Okays N15.5m For Varsity Entrepreneurs

August 22, 2016

Dipo Olowookere

The sum of N15.5 million has been approved by the Lagos State Governor, Mr Akinwunmi Ambode, as seed funding and grants for final year

Economy

Govt. To Train 500 Ex-Militants In Agriculture

August 22, 2016

Dipo Olowookere

Former Niger Delta militants will soon undergo training in agriculture so as to boost the country’s economy, the Federal Government has said. According to

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