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Nigeria
Monday, September 25, 2017
MfB bemoans lack of access to N220bn MSMEs intervention fund

MfB bemoans lack of access to N220bn MSMEs intervention fund

The Head, Credit Department, Umuchinemere Pro-credit Micro Finance Bank(UPMfB), Mr. Charles Udeani, has decried the politicisation of the Federal Government’s N220 billion Micro, Small...
Nigeria's currency appreciates to 363/$1 at parallel market

Nigeria’s currency appreciates to 363/$1 at parallel market

The Naira, on Thursday strengthened by one point to close at 363 to the dollar against 364 exchanged on Wednesday at the parallel market. The...
Naira sets for rebound as CBN lifted forex market with $250m

Manufacturing PMI hikes for fourth consecutive period in July – CBN

…Rises by 1.2 index points in one month   The Central Bank of Nigeria (CBN) has said Manufacturing Purchasing Managers’ Index (PMI) increased by 1.2 basis...
Ecobank introduces Mobile Xpress Cash service

Ecobank extends rapid transfer services to banks account holders

Ecobank has extended the capabilities of its Rapid Transfer product enabling all bank account holders in Nigeria receive money via the Rapid Transfer instantly...
UBA delivers stellar performance, grows profit by 66%

$793.2m TSA repayment: UBA, Sterling, Skye bank, others debunk claims

Following the court order by Justice Chuka Obiozor of a Federal High court in Lagos over remittance of the sum of $793.2 million to...
Nigeria's currency appreciates to 363/$1 at parallel market

Naira sustains trading week gains at forex segments

The Nigerian currency, Naira over the weekend sustained gained strength against the US Dollar at all the foreign exchange markets, including the official and...
Nigerian Beggars will start paying tax – Adeosun

Nigerian Beggars will start paying tax – Adeosun

The Nigerian government has stated that no one would be left out in the campaign to enlarge the tax revenue. Minister of Finance, Mrs. Kemi...
World Bank rates Lagos as Nigeria’s crucial economic stability, growth

World Bank rates Lagos as Nigeria’s crucial economic stability, growth

The World Bank has disclosed that the role of Lagos metropolis to Nigeria’s economic stability and growth could not be overemphasized, even as the...
Naira sets for rebound as CBN lifted forex market with $250m

Dealers canvass Naira stability as CBN’s interventions cripple speculators

Currency dealers under the aegis of Association of Bureau De Change Operators of Nigeria (ABCON), have said that the nation’s currency would remain stable...
Elumelu draws support for African Businesses, lauds Afreximbank

Elumelu draws support for African Businesses, lauds Afreximbank

  Tony Elumelu, Chairman, Heirs Holdings and the Tony Elumelu Foundation, has called for support for cross-border trade and investment in Africa. Speaking at the 24th...