Business - Page 139

Nigerian Govt's Suspension Of Taxes On Food Imports Will Stabilise Prices - NACCIMA

NACCIMA Reacts To CBN’s Recapitalisation Policy, Engages Stakeholders

NACCIMA has reacted to the recent announcement by the Central Bank of Nigeria (CBN) of its recapitalisation policy for banks in the country.

Victor Ezeja

8 months ago

Business·Latest News

Electricity Tariff Hike Looms As Gas Prices Surge

The Federal Government has announced a surge in the price of natural gas, a crucial component in power generation, stirring concerns over an imminent electricity tariff hike. Effective immediately, the new rate

Emmanuel Ochayi

8 months ago

The Cash Conundrum: How The Escalating Cash In Circulation Is Impacting Nigeria's Inflation

Business·Latest News·Markets

Naira’s Recovery Spurs Price Drop, Boosts Confidence, Says BDCs

The president of the Association of Bureaux de Change Operators of Nigeria, Aminu Gwadebe, has emphasized the positive impact of the naira’s recovery on the prices of goods and services in the

Emmanuel Ochayi

8 months ago

Nigerian Equities Surge To Global Top 3, As Returns Hit N8.7trn

Business·Latest News·Markets

Nigeria Stock Market Offers One Of Africa’s Best Returns At 39.84% Despite Economic Challenges

In the first quarter of 2024, the Nigeria stock market witnessed an surge, offering investors a 39.84 percent year-to-date gain. Despite facing hurdles like rising insecurity and double-digit inflation rates, the market

Emmanuel Ochayi

8 months ago

Naira Slips Again As Dollar Supply Drops

Business·Latest News·Markets

Naira Strengthens To N1,309/$1 As CBN Boosts Dollar Supply By $2.5bn

In a move to stabilize the foreign exchange market, the Central Bank of Nigeria (CBN) and other banking institutions have injected $2.5 billion, leading to a strengthening of the naira against the

Emmanuel Ochayi

8 months ago

No Plans To Cancel NACCIMA/Qatar Business, Investment Forum In Doha

Business·Latest News

NACCIMA Commends Relaunch Of NTFC, Seeks Increased Public-Private Sector Partnership To Drive Economic Devt

The National President of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Dele Kelvin Oye, has commended the Federal Government for the relaunch of the National Trade Facilitation

Victor Ezeja

8 months ago

Nsukka Residents Grapple With Soaring Food Prices: Garri Rises By 200% In 3 Months, Rice 66%

Business·Food

Nsukka Residents Grapple With Soaring Food Prices: Garri Rises 200%, Rice 66% In 3 Months

Residents of Nsukka in Enugu State have been grappling with the soaring prices of food items brought about by the national economic downturn.

Emmanuel Eze and Kenechukwu Onah

8 months ago

Business·Finance & Economy·Latest News·Markets

CBN Reports Inflow Of $1.5bn As Naira Appreciation Signals Positive Monetary Policy Impact

The Central Bank of Nigeria (CBN) has announced an inflow of over $1.5 billion into the economy, signaling positive outcomes from its monetary policy efforts. Mrs. Sidi Ali, the acting Director of

Emmanuel Ochayi

8 months ago

Power Generation Hits 3-year High Of 5,313MW

Business·Latest News·Power

TCN Confirms Restoration Of National Grid, Blames Gas Constraints

The Transmission Company of Nigeria (TCN) has revived the national power grid after a turbulent disruption, citing limitations in gas supply as the root cause. The incident, which occurred on Thursday, March

Emmanuel Ochayi

8 months ago

Business·Latest News·Markets

Why Prices Of Commodities Won’t Drop Immediately Due To Exchange Rate Gains, says Expert

Financial Derivatives Company, led by renowned financial expert Bismarck Rewane, has indicated that the gains in foreign exchange rates won’t swiftly translate into reduced commodity prices, despite efforts to stabilize the exchange

Emmanuel Ochayi

8 months ago

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Business - Page 139

NACCIMA Reacts To CBN’s Recapitalisation Policy, Engages Stakeholders

Electricity Tariff Hike Looms As Gas Prices Surge

Naira’s Recovery Spurs Price Drop, Boosts Confidence, Says BDCs

Nigeria Stock Market Offers One Of Africa’s Best Returns At 39.84% Despite Economic Challenges

Naira Strengthens To N1,309/$1 As CBN Boosts Dollar Supply By $2.5bn

NACCIMA Commends Relaunch Of NTFC, Seeks Increased Public-Private Sector Partnership To Drive Economic Devt

Nsukka Residents Grapple With Soaring Food Prices: Garri Rises 200%, Rice 66% In 3 Months

CBN Reports Inflow Of $1.5bn As Naira Appreciation Signals Positive Monetary Policy Impact

TCN Confirms Restoration Of National Grid, Blames Gas Constraints

Why Prices Of Commodities Won’t Drop Immediately Due To Exchange Rate Gains, says Expert

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