Chris Ugwu
CHALLENGING Nigeria’s economic landscape has been challenging for the manufacturing sector and, particularly, the consumer good industry Investors in consumer goods’ sector quoted on the main board of the nation’s stock market lost about…
Tony Chukwunyem
Greenwich Trust Ltd has been granted an Approval-In-Principle (AIP) by the Central Bank of Nigeria (CBN) to operate as a Merchant Bank, New Telegraph has learnt. An industry source with knowledge of the development, told…
BAYO AKOMOLAFE
Plans by government to concession operation of scanners to foreign firms at Tin-Can Island, Apapa, Calabar, Port Harcourt ports and land borders have been opposed by stakeholders, BAYO AKOMOLAFE reports As at 2005, Nigerian ports…
Tony Chukwunyem
The Central Bank of Nigeria (CBN)’s decision to add maize/corn imports to its foreign exchange exclusion list is likely to lead to a further weakening of the naira on the parallel market, analysts have said.…
New Telegraph
The Federal Ministry of Transportation is in the process of building unified enforcement guidelines for safety in the country’s water. It is part of efforts to curb some boat skippers, who are not certified by…
Bayo Akomolafe
DANGER Businesses, which depend on importation of raw materials, are being threated As part of its Economic Sustainability Plans (ESP), the Federal Government has cut external financing on imports by $9.5 billion (17.93…
Abdulwahab Isa,
The Central Bank of Nigeria (CBN) has clarified that all various intervention funds to mitigate the impact of Covid-19 on households and businesses would be repaid by beneficiaries. CBN’S Director, Corporate Communications Department, Mr. Isaac…
New Telegraph
The Central Bank of Nigeria (CBN) has released updated timelines for financial institutions’ migration to the International Organisation for Standardisation 20022(ISO20022). In a circular to lenders posted on its website, the apex bank said the…
New Telegraph
Managing Director/Chief Executive Officer, Transcorp Hotels Plc, Dupe Olusola, has said that the key priority of its properties, Transcorp Hilton Abuja and Transcorp Hotels Calabar, is safety amidst the COVID-19 crisis. She said this at…
Tony Chukwunyem
The secretariat of the African Union (AU), the African Union Commission (AUC), has said that there is no AU-endorsed candidate for the post of the Director-General of the World Trade Organisation (WTO). In a statement…
