Finance & Economy - Page 267

IMF Projects Global Economy To Grow By 6%, Retains 2.5% For Nigeria

The global economy has been projected to grow by 6% in 2021 and 4.9% in 2022, while Nigeria’s growth outlook has remained at 2.5% for the period. The projection was made by

Editor

3 years ago

Naira Ends Week With N59.71 Gain At Official Market

Currency·Finance & Economy·Latest News

Naira Depreciates After CBN Stops Sale Of Forex To BDCs

Following Central Bank of Nigeria’s announcement that it has stopped sales of forex to Bureau De Change operators, Naira fell slightly against the U.S dollar at the parallel market on Tuesday. The

Editor

3 years ago

Finance & Economy·Latest News

Amazon Debunks Accepting Bitcoin Payment

E-commerce giant, Amazon will not be accepting cryptocurrency as payments by the end of the year as some media reports had claimed. Amazon debunked the reports on Monday. “Notwithstanding our interest in

Kayode Shopekan

3 years ago

Oil Price Gains 0.54%, Closes At $75

Brent Crude on Monday gained 0.54% to close at $74.5 per barrel, with WTI also recorded a 0.31% increase in price and Bonny Light growing 1.27% to close at $72.8 per barrel.

Kayode Shopekan

3 years ago

Finance & Economy·Latest News

CBN Stops Issuance Of License To Bureau De Change Operators

Licences will not be issued to new Bureau De Change Operators across the country, the Central Bank of Nigeria (CBN) has said. The apex bank governor, Godwin Emefiele disclosed that CBN receives

Editor

3 years ago

Finance & Economy·Latest News

House Of Reps Asks EFCC To Prosecute NHIS, NIMASA, Others

The House of Representatives committee on public accounts has recommended the prosecution of former and serving management staff of the Ministries, Departments and Agencies (MDAs) of the federal government for failing to

Editor

3 years ago

Finance & Economy·Latest News

Unilever Nigeria Grows Profit By 60% In Six Months

Unilever Nigeria PLC has disclosed that its gross profit increased by 60% to N9.9bn for the 6-month period ended June 30, 2021 from N6.2bn in the corresponding period of 2020. The company

Editor

3 years ago

Finance & Economy·Latest News

Nigeria’s Revenue To GDP Ratio Lowest In The World, Says World Bank

Nigeria’s revenue-to-Gross Domestic Product ratio which went down between 5% and 6% last year is the lowest in the world. This was revealed by the World Bank through its country director for Nigeria

Editor

3 years ago

Finance & Economy·Latest News

OANDO, FTNCOCOA Top Equity Gainers Chart On NGX

At close of business on Monday, OANDO and FTNCOCOA emerged leaders on the Nigerian Exchange Limited equity gainers chart. To come first on the chart, OANDO closed the day with N4.36 as

Editor

3 years ago

Finance & Economy·Latest News

Buhari Signs N982bn Supplementary 2021 Budget

…Commends National Assembly For Expeditious Consideration The 2021 supplementary budget of N982.7 billion to address urgent security and COVID-19 needs of the nation was, on Monday, signed by President Muhammadu Buhari in

Editor

3 years ago

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Finance & Economy - Page 267

IMF Projects Global Economy To Grow By 6%, Retains 2.5% For Nigeria

Naira Depreciates After CBN Stops Sale Of Forex To BDCs

Amazon Debunks Accepting Bitcoin Payment

Oil Price Gains 0.54%, Closes At $75

CBN Stops Issuance Of License To Bureau De Change Operators

House Of Reps Asks EFCC To Prosecute NHIS, NIMASA, Others

Unilever Nigeria Grows Profit By 60% In Six Months

Nigeria’s Revenue To GDP Ratio Lowest In The World, Says World Bank

OANDO, FTNCOCOA Top Equity Gainers Chart On NGX

Buhari Signs N982bn Supplementary 2021 Budget

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