CATEGORY
Business and Economy
Flour Mills and Honeywell owe CBN, FBNH, Bondholders a combined N220 billion
Flour Mills of Nigeria (FMN) Plc and Honeywell Flour Mills Plc, two of Nigeria’s largest flour mills, announced an acquisition deal that will
see the...
CBN Retains MPR at 11.5%
The Central Bank of Nigeria (CBN) Tuesday resolved to leave all monetary policy parameters unchanged, retaining the Monetary Policy Rate (MPR), otherwise known as...
Oyo Govt Tasks New Businesses on Tax payment
Oyo State Government has urged new businesses in the State to help it boost its revenue by paying their taxes, as at when due.The...
PTAD completes payment of arrears of the consequential adjustment
The Pension Transitional Arrangement Directorate (PTAD) has completed the payment of arrears of the consequential adjustment to pensioners under the three operational departments of...
Naira gains at official market despite a significant drop in forex trading
The exchange rate between the naira and the US dollar closed at N414.8/$1, at the official Investors and Exporters window, despite reduction on forex...
BREAKING: Nigeria’s GDP Slows to 4.03% in 3rd Quater
Nigeria’s Gross Domestic Product (GDP) growth rate slowed to 4.03 per cent in the third quarter of the year (Q3 2021) compared to 5....
China Overtakes US as Global Wealth Hits $514tn
A new report has shown that global wealth tripled in the last two decades –from $156 trillion in 2000 to $514 trillion in 2020,...
CBN Grants Airtel Approval-in-Principle to Operate Super Agent
The Central Bank of Nigeria (CBN) yesterday granted Airtel Nigeria the approval in principle to operate super-agent network in Nigeria.Airtel Africa, the parent company...
Nigeria’s Inflation Drops Further To 15.99% In October
The Consumer Price Index (CPI) which measures inflation increased by 15.99 per cent (year-on-year) in October 2021, the National Bureau of Statistics (NBS) has...
Kano-Maradi Line: What’s Shaping Nigeria’s Infrastructural Choice, Politics or Economics?
BY DATAPHYTENigeria plans to spend $1.959 billion on the Kano-Maradi Standard Gauge Railway lines; The project has the potential of opening a vibrant export...
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