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Economy

AfDB’s annual private sector investment lending increases to $2bn in 10 years–Official

The African Development Bank (AfDB) Group says its  annual private sector investment lending has increased from about 300 million dollars to two billion dollars...

NSE: Market capitalisation gains N2.22trn in 7 days of trading

The market capitalisation of the Nigerian Stock Exchange (NSE) rose N2.22 trillion or 17.10 per cent in seven trading sessions with the market maintaining...

Energy expert advocates incentives for players in power sector

An Energy Expert, Mr AbdulHafis Sadiq, has advocated for incentives from government to encourage various players in the power sector to enhance desirable results.Sadiq...

2020: CIBN boss says Nigeria’s economic growth may not be up to 3%

Dr Uche Olowu, the President of the Chartered Institute of Bankers of Nigeria (CIBN), on Thursday said Nigeria’s economy, in 2020, might record a...

FG reconstitutes new board of CAC

The Federal Government on Thursday reconstituted the new board of Corporate Affairs Commission (CAC) and appointed Mr Ademola Seriki as the board Chairman with...

NSE market capitalisation gains N417bn, amid increased positive sentiments

The nation’s bourse on Wednesday extended positive sentiment with the market capitalisation appreciating by N471 billion in a day.Specifically, the market capitalisation which opened...

NIMASA set to honour maritime stakeholders to energise blue economy

Dr Dakuku Peterside, the Director-General, Nigerian Maritime Administration and Safety Agency (NIMASA) says honouring stakeholders in the sector will help energise blue economy in...

Developing economies expected to rise by 4.1% in 2020 –World Bank

The World Bank says due to growth in emerging market, developing economies are expected to accelerate to 4.1 per cent in 2020.The bank made...

USAID Programme: FG pledges enabling environment for more investment

The Federal Government has reaffirmed its commitment to create an enabling environment to attract more investment opportunities into the country.Dr Nasir Sani-Gwarzo, the Permanent...

CBN retains minimum 65% loan deposit ratio

The Central Bank of Nigeria (CBN), says it has retained the minimum 65 per cent of Loan Deposit Ratio (LDR) in the interim.The CBN...

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