- 18 May, 2024
World’s richest man, Elon Musk sells $5bn worth of Tesla shares following Twitter poll
Following a Twitter poll held last week, Tesla CEO, Elon Musk has sold around $5 billion worth of his
Heritage Bank, CBN adopt novel approach to boost wheat production capacity
…To add 750, 000MTs via rain-fed cultivation, reduce annual import by 60% In a bid to meet high demand amid
CBN: Foreign Currency Inflows Dropped to $1.83bn in 2020, Year of COVID
*Cuts naira printing costs to N58bn The Central Bank of Nigeria (CBN) has disclosed that it recorded a significant reduction
Oil, banking stock sell-off triggers N12.58bn market loss
The Nigerian stock market lost N12.58bn last week as investors took profits in oil and gas, banking and consumer
Did CBN bailout another bank with N47.8 billion?
The Central Bank of Nigeria increased its Special Intervention Reserves (SIR) to N365 billion in August 2021, data from its
Nigeria’s private sector borrowing hits record high of N33.8 trillion
Nigeria’s credit to the private sector ballooned to another all-time high of N33.8 trillion as of September 2021. This is
Nnamdi Okonkwo appointed GMD of FBNHoldings as U.K. Eke retires
The FBNHoldings Plc Board has announced that its retiring Group Managing Director U.K.Eke will be succeeded by Nnamdi Okonkwo, a focused
eNaira app hits 100,000 downloads in 24hrs amid complaints
The eNaira speed wallet applications recorded over 100,000 downloads from the Google Store in 24 hours after the digital currency
7 major things to know about eNaira platform
Chibuzo Efobi, the CBN director financial policy and regulation department, said 14-page guidelines released by the central bank became effective
At #NES27: Fresh Pressure Mounts On Federal Govt, Govs To Eradicate Poverty
Failures by the federal and state governments to take proactive steps to eradicate poverty, create the enabling business environment, enhance