Latest news on business in Nigeria – Page 7 of 28

71.4% Of Nigerians Call For Interest Rate Reduction – CBN Survey

How CBN’s New Monetary Policy Rate Will Affect Businesses In Nigeria – Economic Experts

Economic experts have raised concerns about the implications of the decision of the Central Bank of Nigeria (CBN) to further tighten monetary policy on businesses in the country.

Victor Ezeja

10 months ago

Moghalu Highlights How Trump’s Presidency Will Affect African Economies

Business·Latest News

Economic Crisis: CBN’s 22.75% Benchmark Interest Rate Good For Tackling Inflation – Moghalu

Former deputy governor of the Central Bank of Nigeria (CBN), Prof. Kingsley Moghalu, has applauded the CBN for increasing the Monetary Policy Rate (MPR) by 400 basis points to 22.75 per cent

Victor Ezeja

10 months ago

CBN Raises Benchmark Interest Rate To 26.75% Amid Soaring Inflation

Business·Finance & Economy·Latest News

CBN Raises Benchmark Interest Rate To 22.75%

he Central Bank of Nigeria has raised the monetary policy rate (MPR) by 400 basis points to a record 22.75 per cent. This was announced by the CBN governor, Yemi Cardoso

Victor Ezeja

10 months ago

Business·Currency·Latest News

Adopt Official FX Rate For Import Duty Assessment, CBN Tells Nigeria Customs

Following concerns raised by importers about irregular changes in import duty assessment levies applied by Nigeria Customs Service (NCS), in recent times, the Central Bank of Nigeria (CBN) has directed NCS and

Victor Ezeja

10 months ago

Cement Prices: House Of Reps Members’ Comments ‘Very Unfair’ To Investors - CPPE

Business·Latest News

Cement Manufacturers Agree To Slash Prices To ₦7,000, ₦8,000 Per Bag

Nigerian Cement Manufacturers have agreed to slash the price to between ₦7,000 and ₦8,000 depending on the location in the country.Nigerian Cement Manufacturers have agreed to slash the price to between ₦7,000

Victor Ezeja

10 months ago

NGX: Market Sees Bearish Turn In 2024 As ASI Plunges By 1.4%

Business·Markets

Market Cap Suffers N849bn Loss As Key Players Dip

The Nigerian Exchange witnessed a downturn on Tuesday, with losses recorded across major players including BUA Cement, Sterling Financial Holding Company, Consolidated Hallmark Holdings, UPDC, and The Initiates. The market saw a

Emmanuel Ochayi

11 months ago

What Naira's Continuous Depreciation Means For Nigerians This Festive Season

Business·Currency

Naira Dips To N1,433 At Official Market Amid Surge In Forex Transactions

The Naira value slightly dropped in the official window despite surge in foreign exchange transactions, soaring to $584 million as data from the Nigerian Autonomous Foreign Exchange Market (FMDQ) revealed. This surge

Emmanuel Ochayi

11 months ago

Business·Markets

Equity Investors Lose N437bn As ASI Closes At 103,649 Points

Equity investors navigated a challenging Monday, witnessing a loss of N437bn due to sell-offs in select stocks. The All-Share Index and market capitalization at the Nigerian Exchange reflected the downturn, closing at

Emmanuel Ochayi

11 months ago

NGX ASI Further Drops By 0.67%, As BUA Cement, Eterna Among Top Losers

Business·Markets

NGX: Equity Market Earns Weekly 1trn Gain

In a week that saw financial markets oscillate, Nigeria’s trading landscape concluded on a triumphant note as investors celebrated a collective gain of N1.12tn. Despite grappling with two days of bearish trends

Emmanuel Ochayi

11 months ago

Banks’ Recapitalisation Drives 44% Surge In Nigerian Equities Market

Business·Markets

NGX: GTCO, CHAMS, Others Lead Gainers As ASI Bounces Back With 1.63% Gain

NGX witnessed a bullish resurgence today, marking a departure from the bearish trend earlier in the week. Banking stocks took the lead in this spirited rally, propelling the All-Share Index to a

Emmanuel Ochayi

11 months ago

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Latest news on business in Nigeria - Page 7

How CBN’s New Monetary Policy Rate Will Affect Businesses In Nigeria – Economic Experts

Economic Crisis: CBN’s 22.75% Benchmark Interest Rate Good For Tackling Inflation – Moghalu

CBN Raises Benchmark Interest Rate To 22.75%

Adopt Official FX Rate For Import Duty Assessment, CBN Tells Nigeria Customs

Cement Manufacturers Agree To Slash Prices To ₦7,000, ₦8,000 Per Bag

Market Cap Suffers N849bn Loss As Key Players Dip

Naira Dips To N1,433 At Official Market Amid Surge In Forex Transactions

Equity Investors Lose N437bn As ASI Closes At 103,649 Points

NGX: Equity Market Earns Weekly 1trn Gain

NGX: GTCO, CHAMS, Others Lead Gainers As ASI Bounces Back With 1.63% Gain

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