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Nigeria
Sunday, August 20, 2017
Manufacturing PMI hikes for fourth consecutive period in July – CBN

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 extends rapid transfer services to banks account holders

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

$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...
Manufacturing PMI hikes for fourth consecutive period in July – CBN

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...
Manufacturing PMI hikes for fourth consecutive period in July – CBN

CBN injects $195m into foreign exchange market

Following its 800 million dollars intervention in the inter-bank Foreign Exchange (FOREX) Market last week, the Central Bank of Nigeria (CBN), on Monday, injected...
Stanbic IBTC Bank supports drive for a savings culture

Stanbic IBTC Bank supports drive for a savings culture

The desire by Nigerians to get better returns on their savings received a boost with the launch of Max Yield Savings Account (MYSA) by...