LASG disburses N1.56bn as grants to 3,673 businesses
The Lagos State Government through the state Employment Trust Fund, says it has supported 3,673 businesses with the sum of N1.56 billion as grants.
Zambia Gets $1.3bn Lifeline Facility from IMF
Zambia Gets $1.3bn Lifeline Facility from IMF
UBA Fuels SMEs Growth with Structured Lending
It is not contestable that emerging markets like Nigeria have a lot to achieve by helping individuals and businesses, take root and thrive. This...
Money Market Rates Sink as Liquidity Improves
Money market benchmark rates, open repo and overnight lending rates sink further on Tuesday as additional inflow from matured open...
Nigeria’s Oil Production Falls Below 1Mbpd
Nigeria’s crude oil production fell below 1 million barrels per day (mbpd) in August, figures from its regulator show, as the nation grappled with widespread theft from its pipelines.
For third consecutive time, CBN hikes Monetary Policy Rate to 15.5%
The Monetary Policy Committee (MPC) of the CBN increased Monetary Policy Rate (MPR) from 14 per cent to 15.5 per cent on Tuesday to tame inflation.
Nigeria exports non-oil products worth $2.6bn first half of 2022—NEPC
The Nigerian Export Promotion Council (NEPC), on Tuesday said that Nigeria exported over 4. 146 million metric tonnes of non-oil products, worth $2.593 billion from January to June 2022.
SEC to Sanction Stakeholders over N177bn Unclaimed Dividends
The Securities and Exchange Commission (SEC), says it will sanction stakeholders whose actions are frustrating its efforts toward reducing the volume of unclaimed dividends. The Director-General of SEC, Lamido Yuguda, said this at a post-Capital Market Committee (CMC) news conference on Friday in Abuja.
Jumia, Zipline Partner on Drone Delivery in Africa Markets
Jumia (NYSE: JMIA), the leading e-commerce platform in Africa, and Zipline, the world’s largest instant delivery service, announced today a collaboration to deploy automated, on-demand delivery for e-commerce in Africa.
Naira Reclaims Value amidst Gloomy FX Predictions
The naira was sold at N461.50 per United States (US) dollar to market participants at the Investors and Exporters window, gaining...
