Business

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

June 18, 2017

Naira appreciation triggers banks to resume dollar loans

As the naira continues to appreciate, indications have emerged that Deposit Money Banks will soon start to raise dollar-denominated loans, especially Eurobonds. It was learnt that […]
June 18, 2017

FG, Dangote, others, sign MoU on Apapa/Wharf road

The Federal Government (FG) signed a Memorandum of Understanding (MoU) towards reconstruction of Apapa/Wharf road with firms including AG. Dangote, a construction company based in Brazil, […]
June 17, 2017

EFCC declares Jonathan’s finance coordinator wanted over alleged $48m fraud

The Economic and Financial Crimes Commission (EFCC) has obtained a court order to declare wanted Dr. Ngozi Olojeme, the Deputy Chairman, Finance Committee of the Goodluck […]
June 17, 2017

CBN checks inflation, mops up N200bn from circulation

The Central Bank of Nigeria has unveiled plans to mop up a total of N200.32bn from the banking sector in a bid to check inflation in […]
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