Economy

CBN’s MPC retains MPR at 11.5%, holds other parameters constant The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday retained the Monetary Policy Ratio at…

Corporate Director tasks directors of boards on accountable reporting  Prof. Mervyn King, Chair Emeritus, International Integrated Reporting Council (IIRC), has charged Directors of…

FG ‘ll engage private sector to transform economy – Buhari The Federal Government says it will continue to engage and collaborate with the Nigerian Exchange Group (NGX Group) and the…

Strike: SMEs in Kaduna count losses, urges speedy resolution Operators of Small and Medium Enterprises (SMEs) in Kaduna State have urged the state government to end the current…

Economists evaluate Nigeria-China currency swap Some Financial Economists have expressed great concerns on the minor influence that the Nigeria-China currency swap had  on the country’s…

$540bn remittance flow reaches low-and-middle-income countries in 2020- WB A World Bank report says officially recorded remittance flows to low- and middle-income countries reached 540…

FG appoints Obaje as coordinator for CARES Support Unit The Federal Government has appointed Dr Abdulkarim Obaje, as the National Coordinator, Federal CARES Support Unit, Nigeria…

Dangote Sugar posts N11.95bn profit in Q1 Dangote Sugar Refinery Plc has reported a profit before tax of N11.95 billion for the first quarter ended March 31, 2021. The profit before…

Electricity consumers kick against proposed new tariffs Electricity consumer groups on Sunday, kicked against the planned review of electricity tariffs for the 11 power Distribution…

Fidelity Bank profit before tax increases by 53.03% in Q1 Fidelity Bank Plc has announced a profit before tax of N10.1 billion for the first quarter (Q1) ended March 31, 2021. The…