Archives for MONEY MARKET - Page 134
FIRSTBANK CONVENES NIGERIA ECONOMIC OUTLOOK WEBINAR 2022
Adesola-Adeduntan-MD_CEO FirstBank- First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider has announced its “Nigerian Economic Outlook Webinar” convened to reflect national and global economic trends…
Nigeria – A New Year but Same Old Story
2022 could be a critical year for Africa’s largest economy as it navigates through Covid-19 and inflation-infested waters. Global economic conditions remain strained by the coronavirus menace while…
Capital importation falls by N1.68tn – CBN
Foreign investors appear to have boycotted the Nigerian market as capital importation has dropped by $ () in one-year, latest statistics have shown. Between January and September 2020, total…
Fed Govt spent $1.68b on food imports in 9 months
The Federal Government spent $ billion on food importation between January and September in 2021. This was contained in a Central Bank of Nigeria (CBN) report on sectoral utilisation…
Ecobank reiterates commitment to pan African Trade, AfCFTA
Ecobank has reiterated that it remains the partner of choice in Africa for export trade because of its unique positioning, wide network, pan African payment switch, settlement capabilities,…
Nigeria’s external reserves dips by $21.8m in 6 days as CBN strives to meet forex
CBN Governor Godwin Emefiele Nigeria’s external reserves dropped to $ following the withdrawal of $ by the Central Bank of Nigeria (CBN) earlier in the ; Data obtained from…
MAN Expresses Worry As FG Imposes New Tax On Soft Drinks
By Ngozi Onyeakusi---The Manufacturers Association of Nigeria (MAN) has warned that the Federal Government’s introduction of N10 excise duty per litre on all non-alcoholic, carbonated and sweetened beverages via the…
FG Assures Further Drop In Price Of Cooking Gas
Gas cylinder The Federal Government said it is working to ensure further reduction in the cost of Liquefied Petroleum Gas, popularly called cooking gas. It disclosed this while reacting…
FG spent $1.68bn on food imports in nine months – CBN
The Federal Government spent $ on food importation from January to September last year. The Central Bank of Nigeria disclosed this in a report on sectoral utilisation of…
Nigeria: FDI Records N714bn In 2021 Q3
The National Bureau of Statistics (NBS) has disclosed that Foreign Direct Investment (FDI) into Nigeria at the third quarter of 2021 recorded N714bn ($), an per cent increase when compared to…
