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Despite the myriad challenges facing Nigerian manufacturing, banks are slowly channeling funds to the sector, aided by Central Bank of Nigeria (CBN), intervention funds to the sector.
MoneyCentral’s analysis of...
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MarketsLatest
Dangote Sugar’s $700million BIP Investments will Promote Infrastructure Development, Benefit Nasarawa
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With a national annual import of over $337million, the management of Dangote Sugar Refinery Plc has declared its irrevocable...
Leadway Assurance’s Assets Can Absorb Above Average Losses
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Leadway Assurance Limited, the largest insurer in Africa’s largest economy by asset, total equity, and revenue can absorb above...
New SIM Registration to Resume Today as FG Lifts Ban
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The Federal Government has lifted the ban on new Subscriber Identity Module (SIM) card registration, giving Nigerians who desire...
40th Birthday: Value Creation, Desire to Make Impact My Driving Force – Sujimoto Boss, Ogundele
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CEO of Sujimoto Construction Limited, Sijibomi Ogundele has identified value creation and the desire to make impact as his...
BDCs take Bold Steps for Market Dominance, Regulatory Compliance
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The achievement of N1 trillion annual market turnover by Nigerian Bureaux De Change (BDCs) has reinforced their prime role...
CBN to Place Sugar, Wheat on FX Restriction List
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The Central Bank of Nigeria is set to place forex restriction on selected commodities including sugar and wheat.CBN Governor,...
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EconomyLatest
FG, AfDB Collaborating on Agro-Processing Zones Across the Country
As part of the Buhari administration’s efforts to transform agricultural productivity in the country, the Federal Government in partnership...
Why Conglomerates Like Dangote Group Drive Innovation, Jobs and Strengthen Economies
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Dangote Group’s audacious $15 billion refinery investment has the potential to revolutionize Nigeria’s economy, with its operations adding $13...
Nigeria Set to Issue Eurobonds as External Debt Rose $6.4bn in 2020
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The Federal Government of Nigeria is working on issuing eurobonds and plans to pick advisers through an open bid...
Covid, Border Closure Cost Nigeria N2trn Worth of Trade with African Countries
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A combination of the health pandemic and border closure has cost Nigeria nearly N2 trillion worth of trade relationships...
Manufacturing Firms Pay Double the Taxes of Banks
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Nigerian manufacturing firms who have to operate in an environment of inadequate power supply, poor logistics infrastructure and foreign...
MTN is Silver Lining of Nigeria’s Economic Recovery
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MTN Nigeria continues to be a silver lining in a recovering economy, and its contribution to national output cannot...
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