MAN: Lending Rate to Manufacturers Rose from 28.6% to 35% in Q2, 2024
The Manufacturers Association of Nigeria (MAN) yesterday lamented that the average maximum lending rate charged by commercial banks on loans…
Category: Business
Portland Gas: FG’s E-hailing CNG Conversion Programme Remains Game Changer
Portland Gas, one of the companies partnering the federal government in its Compressed Natural Gas (CNG) programme, at the weekend…
FG Moves to Revive Moribund Cotton, Textile Industry
The federal government in collaboration with the International Cotton Advisory Committee (ICAC), has commenced moves towards the resuscitation of Nigeria’s…
Promasidor Brands Celebrate World Chocolate Day, Delight Families
World Chocolate Day 2024 took on a new meaning as the Promasidor brands, Miksi Chocolate, Cowbell Chocolate, and Twisco, brought…
CBN Moves to Tackle Growing Forex Demand with Retail Dutch Auction System
*Cardoso: Financial policy, cross border movement, others key to AfCFTA success In a bid to address the growing unmet foreign…
Our Offices Shut to Protect Workers, Facilities, Says MTN
MTN Nigeria has given reasons why it decided to close its offices nationwide.According to MTN, its offices were closed in…
CBN Sells $148m to Authorised Dealers
Central Bank of Nigeria (CBN) yesterday, disclosed that it sold a total of $148 million to Authorised Dealers Banks (ADBs)…
Sanwo-Olu to Investors: Bring Your Business to Lagos for Guaranteed Returns
Lagos State Governor, Babajide Sanwo-Olu, at a Pre-Summit Investors’ Roundtable held yesterday, pushed for an aggressive investment inflow to boost…
CBN announce increment in interest rate
The governor of Central Bank of Nigeria, Olayemi Cardoso has announced increment in interest rate to 26.75% from 26.25 per…
Dangote Fights Back… NMDPRA Letter Shows Regulator Approved Refinery’s In-house Laboratory for Products’ Testing
As Dangote Refinery fights back allegations by Nigerian Upstream and Downstream Petroleum Regulatory Authority (NMDPRA) that its refined products are…