Monday, May 25, 2026
Customs funds withdrawal wont impact much on banks – treasurers
Nigerian bank treasurers Wednesday told businessamlive that the were not expecting any major impact from the Federal Government directive to...
Read moreDetailsNigeria set to lead global growth in entertainment, media market over the next five years– PwC Report
Nigeria has been projected to become the world’s fastest-growing entertainment and media market in the next five years, according to...
Read moreDetailsWest African cocoa producers to boost local consumption as global market prices fall
Falling cocoa prices due to a glut in the market as well as falling demands from the developing world is...
Read moreDetailsNigeria interbank offer rate peaks at 126.7% as liquidity crunch hits banks
Liquidity pressures are mounting in Nigerian banks as the Nigeria Interbank Offered Rate (NIBOR) for overnight loans, the benchmark for...
Read moreDetailsNigeria VATting her way out of recession as consumption tax grows to N204bn
Consumption as a component of gross domestic product has seen uptick in the past year as revenue from value-added tax...
Read moreDetailsOPEC hopeful on outcome of production cuts, see uptick in demand, price rally
Member countries of OPEC, including Nigeria, which have continued to manipulate the quantity of crude oil pumped into the international market to...
Read moreDetailsOsinbajo rides on Buhari’s endorsement to sign N7.44trn budget Â
Acting President Yemi Osinbajo on Monday signed the 2017 appropriation bill into law thus ending a month long speculation on...
Read moreDetailsOvia, Wigwe, Elumelu reap big in 2016 bank dividend payout
After almost a decade of lull in the Nigerian equities market, fresh momentum is now beginning to emerge. But it...
Read moreDetailsNigeria’s economy only 0.65% of global share, but still Africa’s largest
Nigeria, Africa's most populous country, accounts for just 0.65 percent of global economy says the World Bank in latest figures...
Read moreDetailsTanzania gov’t, Chinese firm sign $154m contract to expand country’s main port
President John Magufuli of Tanzania Tanzania's government signed a $154 million contract on Saturday with the state-run China Harbour Engineering...
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