Business

This is a general business interest blog that spans across finance, economy, manufacturing, commerce and stocks locally and beyond.

May 22, 2017

Total assets of Banks decline to N32 trillion – CBN

The Central Bank of Nigeria (CBN’s) has revealed that the nation’s Deposit Money Banks has suffered a 0.53 per cent decline in value by the end […]
May 22, 2017

FG, states, LGs, share N1.41tn in the first quarter

The Federal Government, the 36 states and their local government areas have so far shared N1.4tn from the federation account, being revenue generated in the first […]
May 22, 2017

Cluster plants, new option for manufacturers to tackle energy issues

Considering the low output and high input costs in production, manufacturers are opting for independent power projects (IPPs) in industrial clusters. They say the strategy is […]
May 22, 2017

CBN rakes in N3.3 billion from commercial banks

Central Bank of Nigeria (CBN) has recorded N3.29 billion as interest income for frequent borrowing by commercial banks in February 2017. Although some of the lenders […]
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