FG urged to focus on divestment, reduce borrowing for capital projects
The federal government has been urged to focus on divestment for equity and reduce borrowing to execute capital projects. A group of over 300 technocr
Business
All the recent business news in Nigeria, economy and industry updates.
MPC raises interest rate to 22.5%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has raised benchmark interest rate by 400 basis point from 18.5 percent to 22
Real sector starved of Forex – NECA DG
The Director-General of the Nigeria Employers’ Consultative Association (NECA), Adewale-Smatt Oyerinde, has urged the government to address the unavai
Standard Chartered records $1.3bn pre-tax profit
Standard Chartered Bank recorded $1.3 billion in annual profit for Africa and the Middle East in 2023, the highest in a decade. According to a stateme
Customs suspends food distribution over stampede
The Nigeria Customs Service has announced the temporary suspension of the national food distribution initiative which it started it Lagos over the wee