The International Monetary Fund (IMF) has advised the federal government to keep its borrowing from the Central Bank of Nigeria within legal limits. The IMF gave the caution in a statement issued to thenationonlineng at the end of its staff visit to Nigeria. The mission led by Ms. Jesmin Rahman […]
Business
The Federal Government has given assurances to United Kingdom companies operating in Nigeria of its support in ensuring that they thrive amidst dwindling foreign exchange earnings. The UK Business Team in Abuja had solicited for more forex during an interactive session with Minister of Industry, Trade and Investment, Otunba Adeniyi […]
By Sunday Akintoye The Federal and Lagos State Governments have jointly inaugurated the Eko Micro, Small and Medium Enterprises, MSME, Fashion Hub-1 in Ikeja area of Lagos State. The Vice President, Professor Yemi Osinbajo who joined the ceremony virtually reiterated the President Muhammadu Buhari administration’s commitment to support the growth […]
Association of Bureaux De Change Operators of Nigeria say it frowns at the level of rapid depreciation of Nigeria currency, Naira in the market. It stated this in a memo sent to their members titled, “AII ABCON MEMBERS NATIONWIDE noting that this depreciation will serve as serious setback to the […]
Sunday Akintoye Traders in Aswani International Market at Isolo of Lagos have appealed to the Lagos State Governor, Mr. Babajide Sanwo-Olu to return the market day to its usual Tuesday. This clarion call was made by traders of the weekly market following the recent adjustment of trading hours for food […]
By Sunday Akintoye POS business is a money making business in Nigeria which has been going on without much awareness. No doubt the POS business is very lucrative and profitable. Aside this, it is a business that can provide jobs to thousands of people, especially for the Nigerian youths. Our […]
The Federal Operations Unit (FOU), Zone A of the Nigeria Customs Service (NCS) has disclosed that it raised Debit Notes on imports to the tuune of N17 billion between January and June 2020. The Acting Customs Area Controller of the unit, Usman Yahaya, made this disclosure in a statement issued […]
By Abimbola Ogunnaike The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has disclosed that the country had the potential to earn over 20 billion dollars annually from the creative industry with its human capital resources and an enabling environment that would harness the creative talents of her youths. The […]
By Abimbola Ogunnaike with agency report Saudi Arabia has issued a stern warning with Organisation of Petroleum Exporting Countries (OPEC) members, Nigeria and Angola, warning that it would ignite an oil-price war with them unless they toe the line. It would be recalled that last month, OPEC members agreed to […]
By Abimbola Ogunnaike The Comptroller General of Customs (CGC) Strike Force Team, Zone A has disclosed that it generated N1.1 billion through the raising of Debit Note in the past six months. The Assistant Comptroller of the team, Abba Kakudi, made this disclosure on Monday in Lagos. Kakudi, who said […]
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