Business

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

May 24, 2017

CBN leaves MPR interest rate at 14%

THE Central Bank of Nigeria (CBN) yesterday kept its Monetary Policy Rate (MPR), its base interest rate, at 14 per cent. CBN Governor Godwin Emiefele, who […]
May 24, 2017

Customs seizes container laden with 440 guns

The Nigeria Customs Service, Tin Can Island Command, on Tuesday, intercepted a container laden with 440 arms and ammunition of various sizes and designs. Speaking about […]
May 24, 2017

UBA Plans to launch $500 Million Eurobond

The United Bank for Africa Plc (UBA) on Tuesday notified the Nigerian Stock Exchange (NSE) and the investing public of its intention to launch a $500 million […]
May 24, 2017

Bureau of Statistics reports Economy contracted by 0.52 percent Q1

The National Bureau of Statistics on Tuesday released the Gross Domestic Product report for the first quarter of this year, which showed that the economy contracted […]
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