AfDB to meet investors over hybrid capital Issuance
AFRICA, Sept.14 – The African Development Bank (AfDB) has announced that it will hold investor calls across the globe for its...
Economy
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Forex Scarcity: Naira weakens to N950/dollar as situation worsens
NIGERIA, Sept. 14 – The naira fell further to the dollar on Wednesday after closing at 950/$ at the parallel market. Bureau de...
Nigeria Customs Service collaborates with Benin Republic counterpart to boost trade
NIGERIA, Sept. 13 – The Nigeria Customs Service (NCS) says it is in collaboration talks with the Customs Service of neighbouri...
GBP/USD: Pound Sterling Remains unchanged near $1.25 as UK Wage Growth Climbs 7.8% – Trading View
UNITED KINGDOM, Sept. 12 – Wages logged a record pace of growth and beat lowering inflation. But the pound didn’t catch on the...
IATF Nigeria Roadshow: To enhance AfCFTA trade, Experts seek boost in production, manufacturing capacity
NIGERIA, Sept. 12 – Trade experts have emphasised the need to boost Nigeria’s productive and manufacturing capacity to facilit...
Presidential panel plans 83% reduction in taxes, levies
NIGERIA, Sept. 12 – The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Mr Taiwo Oyedele, has said Ni...
CBN directs commercial banks to stop spending Forex revaluation gains
NIGERIA, Sept. 12 – The Central Bank of Nigeria (CBN) issued a directive instructing commercial banks on Monday to refrain fro...
Banks’ bad loans for H1 hit N478bn amid economic falloff
NIGERIA, Sept. 11 – At least four banks recorded N478bn non-performing loans during the first half (H1) of 2023, according to...
Duty Remittance: Customs, CBN meet erring banks
NIGERIA, Sept. 11 – The Nigerian Customs Service, on Sunday, said only two banks were deactivated recently by the NCS over the...
Wheat Price Floats Close to 3-Year Low
WORLD, Sept. 11 – Wheat futures were below $6 per bushel, holding close to the near-three-year-low of $5.7 touched on Septembe...