By Modupe Gbadeyanka According to Reuters, Nigeria’s overnight lending rate more than doubled to 25 percent on Friday from 10.17 percent on Thursday after the central...
By Modupe Gbadeyanka Commercial banks in Nigeria have been directed by the Central Bank of Nigeria (CBN) to file their foreign exchange returns in Dollar. This...
By Modupe Gbadeyanka As from Monday next week, banks in Nigeria will receive an additional $20 million every week from the Central Bank of Nigeria (CBN)...
By Modupe Gbadeyanka The sum of $250 million has been approved by the National Economic Council (NEC) to be injected into the Sovereign Wealth Funds (SWF)....
By Modupe Gbadeyanka The Central Bank of Nigeria (CBN) has been asked to review it foreign exchange policy amid the free fall of the local currency...
By Modupe Gbadeyanka One of the leading firms in petroleum marketing and services in Nigeria, Total Nigeria, has revealed that it will hold its board of...
By Modupe Gbadeyanka The Nigerian Content Development and Monitoring Board (NCDMB) says it is working to surpass the current 28 percent Nigerian Content in the oil...
By Modupe Gbadeyanka There has been a massive drop in the cases of pipeline sabotage in country, the Nigerian National Petroleum Corporation (NNPC) has said. This...
By Modupe Gbadeyanka Poultry business will be given necessary government attention so as to maximise the potentials of the industry, the Acting President, Prof. Yemi Osinbajo...
By Modupe Gbadeyanka The Nigerian National Petroleum Corporation has announced elaborate measures to sustain supply of Premium Motor Spirit, (petrol), Automotive Gas Oil, diesel, and Dual...