Saturday, May 2, 2026
Despite poor services, telcos earn N2.78tr from airtime sales, others
In spite of the drop in quality of telephony services in 2019, telecommunication operators, especially Mobile Network Operators (MNOs) earned...
Read moreDetailsAgain, Emefiele forecloses possibility of currency devaluationÂ
Godwin Emefiele, the governor of the Central Bank of Nigeria (CBN), has again ruled out the possibility of a naira...
Read moreDetailsEquities generate N22.76bn turnover in one week
Equities listed on the Nigerian Stock Exchange generated a total turnover of 1.237 billion shares worth N22.76bn in 21,156 deals...
Read moreDetailsBank profitability faces pressure from higher CRR, say analysts
By Moses Obajemu & Adesola Afolabi Fear possible spike in interest rates Financial experts and economic analysts have...
Read moreDetailsCRR increment to 27.5% balances the odds to rising inflation, says experts
…as MPC urges FG to fix ‘structural impediments’ to growth Adesola Afolabi The decision taken by members of the...
Read moreDetailsLagos ports congestion: NPA orders diversion of ships to eastern portsÂ
By Samson Echenim Following congestion at seaports in Lagos that has lasted for over two months, the Nigerian Ports Authority...
Read moreDetailsCBN increases banks’ Cash Reserves Ratio to 27.5%
The Monetary Policy Committee of the Central Bank of Nigeria on Friday altered the Cash Reserves Ratio from 22.5 per...
Read moreDetailsFG suspends salaries of tertiary institutions’ workers not on IPPIS
The federal government has suspended the release of the funds for the payment of salaries of workers of tertiary institutions...
Read moreDetailsFG to borrow N2tn from N10tn pension fund
The National Economic Council (NEC) Thursday in Abuja announced the resolve of the federal government to borrow N2 trillion from...
Read moreDetailsOil prices rise despite impact of China virus on fuel demand haunting the market
Oil prices climbed on Friday, following a drawdown in U.S. crude stocks, but were set to fall heavily for the...
Read moreDetails
Popular News
-
Igbobi alumni raise over N1bn in one week as private capital fills education gap
-
How UNESCO got it wrong in Africa
-
Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition
-
CBN to issue N1.5bn loan for youth led agric expansion in Plateau
-
Insurance-fuelled rally pushes NGX to record high
BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.