N193bn intervention loans declared lost by CBN
A report by the Central Bank of Nigeria (CBN) has revealed that out of the total loans of N10.3 trillion disbursed as intervention, N193 billion has b
Business
All the recent business news in Nigeria, economy and industry updates.
Ancillary inputs into cement production won’t allow price crash – Lafarge
Key officials of Lafarge Holcim Africa have said that it is very unlikely that the cost of cement will revert to its former price. Head of Corporate C
Customs launches economic operators programme to enhance trade
The Nigeria Customs Service (NCS) Wednesday in Abuja launched the Authorised Economic Operators (AEO) programme targeted at boosting ease of doing bus
Naira strengthens to N1400/$ at parallel market
Parallel market operators are quoting a buy price of N1400/$1 for holders of dollars looking to sell, marking a significant strengthening on the naira
SEC declines PZ Cussons request to buy out other shareholders and delist
PZ Cussons Nigeria’s attempt to delist from the NGX has hit a roadblock as the Securities and Exchange Commission has declined the company’s request f