Wednesday, 01 April, 2020

Category: BUsiness


Nigerian Central Bank Starts Uniform Exchange Rate for NairaBy Emele Onu and Alonso SotoMarch 20, 2020, 12:18 PM EDTUpdated on March 20, 2020, 1:45 PM EDTBloomberg Africa Nigeria’s central bank will migrate to a single exchange rate for the naira Read more…


*WHO declares COVID-19 a pandemic*Lagos isolates family of four, two others Africa’s richest man Aliko Dangote on Wednesday lost more than N240 billion in five hours as the effect of the coronavirus bit harder on the Stock Exchange. The World Read more…


Oil prices plunged 30% in early trading after OPEC’s failure to strike a deal with its allies regarding production cuts caused Saudi Arabia to slash its prices as it reportedly gets set to ramp up production, leading to fears of Read more…


Acting Director General of SEC, Ms. Mary Uduk Every quoted company strives to achieve its objectives. In a profit-oriented enterprise, these objectives would be to maximise returns to its shareholders. In addition, the organisation has to function within its environmental Read more…


Plastic products such as household items, gift items, plastic cups, toys, seats, tables, bags, etc. are daily consumables. The demand is very high that the available producers in the country cannot satisfy the market. Apart from local buyers, the entire Read more…


Nigerian Export Promotion Council (NEPC) has expressed its support for a public-private partnership aimed at fostering export diversification. Chief Executive Officer, NEPC, Mr. Segun Awolowo, gave the assurance yesterday, in Lagos, at the Policy Development Facility Phase II (PDF II) Read more…


The National Bureau of Statistics (NBS) says Nigeria recorded N36.152 trillion as value of total trade in 2019, representing a 14.05 per cent increase over 2018. The bureau said this in its “Foreign Trade in Goods Statistics, Quarter Four, 2019”, Read more…