Category: Business

Nigeria’s External Reserves Hit $43.2bn
Business, News

Nigeria’s External Reserves Hit $43.2bn

Isaac- January 3, 2019

Nigeria’s external reserves increased by 11 per cent from the $38.912 billion it was as of January 2, 2018, to $43.195 billion as of December ... Read More

Business

Nigeria: Value Added Tax Rises To N273.5bn In Q3 – NBS

Oni Timileyin- January 2, 2019

The National Bureau of Statistics (NBS) has disclosed that revenue generated from Value Added Tax (VAT), increased by 2.54 per cent in the third quarter, ... Read More

CBN Injects Fresh $210m In Forex Market
Business

CBN Injects Fresh $210m In Forex Market

Oni Timileyin- December 28, 2018

The Central Bank of Nigeria (CBN) Thursday intervened in the interbank sector of the foreign Exchange market, injecting $210 million into the wholesale segment and ... Read More

CAC Registers 69,000 Companies In 2 Months
Business, News

CAC Registers 69,000 Companies In 2 Months

Isaac- December 27, 2018

The Corporate Affairs Commission (CAC) has disclosed that it registered over 69,000 business entities in two months. This was coming after the launch of its ... Read More

Nigeria’s Green Africa Airways Orders 100 Boeing 737 Max 8
Business, News

Nigeria’s Green Africa Airways Orders 100 Boeing 737 Max 8

Isaac- December 24, 2018

Nigerian start-up Green Africa Airways has today confirmed a commitment for up to 100 Boeing 737 MAX 8 aircraft, split into 50 firm orders and ... Read More

CBN, MTN Settle $8.1bn Repatriation Issue — Emefiele
Business

CBN, MTN Settle $8.1bn Repatriation Issue — Emefiele

Isaac- November 25, 2018

The Central Bank of Nigeria (CBN) Governor Godwin Emefiele says a final decision has been reached on the $8.1 billion MTN Nigeria repatriation over which ... Read More

Business

MTN To Acquire Banking Licence In Nigeria, Says CEO

Oni Timileyin- November 14, 2018

Rob Shuter, the chief executive officer at MTN Group, says the group will acquire an independent banking licence in Nigeria by 2019. Speaking at a ... Read More

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