Business
Latest Business news
Hmmmm! Banks resume paying Nigerians old N500, N1000 notes
Some deposit money banks have started paying out the old notes to Nigerians following the Supreme Court judgment which extended ...It’s a lie! CBN counters IMF, says 52% of Anchor Borrowers’ Programme loans repaid
The Central Bank of Nigeria has said N503 billion of loans under its Anchor Borrowers’ Programme has been repaid. This ...Comply quickly with supreme court judgement on naira redesign policy, Gbaja tells CBN
Speaker of the House of Representatives, Mr Femi Gbajabiamila, has hailed the supreme court judgment on the naira redesign policy. ...Transcorp Hotels Plc declares 172% PBT growth, N31.4bn revenue
Transcorp Hotels Plc has reported its financial results for full year 2022. The group reported a profit before tax of ...S’Court invalidates naira redesign policy, says old notes remain legal tender till Dec
The Supreme Court on Friday nullified the ban on use of the old N200, N500 and N1000 banknotes as legal ...Dollar demand shrinks as naira appreciates to N752/$ at parallel market
The naira has appreciated to N752 per dollar at the parallel section of the foreign exchange market, popularly called the ...Only 24% of CBN Anchor Borrowers’ loans repaid, says IMF
The International Monetary Fund has said only 24 per cent of loans disbursed under the Anchor Borrowers’ Programme of the ...Petrol hits N300/litre as marketers halt loading
Oil marketers, on Tuesday, said many depots had stopped loading Premium Motor Spirit, popularly called petrol, due to the apprehension ...Nigeria’s bonds record huge gains as investors predict victory for Tinubu
Nigerian bonds recorded some of the best gains in emerging markets on Monday. According to Bloomberg, five of Nigeria’s dollar ...CBN gets new spokesman as Nwanisobi retires
The Central Bank of Nigeria has a new spokesman, Dr Isa Abdulmumini. Abdulmumini was appointed acting Director of Corporate Communications ...