Category: Business
‘Nigeria overtakes Egypt as largest rice producer in Africa’
Nigeria has overtaken Egypt as the largest rice producer in Africa, Director-General,Africa Rice Center, Benin Republic, Dr Harold Roy-Macauley has said . Roy-Macauley,...
NSE: Market indices maintain upward growth, up by 0.95%
Transactions opened on the nation’s Stock Exchange for the week on Monday with a growth of 0.95 per cent, following gains by some blue chips. The News Agency of...
Emefiele sacked as CBN Governor
President Muhammadu Buhari has sacked the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. CBN sources told Elombah News that Emefiele has also been asked...
FIRS generates N12.6trn revenue in 3 years
The Federal Inland Revenue Service (FIRS), said it generated N12.62 trillion revenue from tax in the last three years. FIRS said this in a document on its...
Merger: Diamond Bank launches loan service to reduce financial burden
Diamond Bank Plc has introduced PayDay Loan to ease the financial burden of its customers as part of the benefits from its merger with Access Bank Plc. According to the...
2, 070 small scale business owners get N103.5m grants – DG SMEDAN
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has earmarked N103.5 million as grants for 2,070 small scale business owners in Sokoto State. The...
Pound rises on signs pro-Brexit lawmakers softening demands of May
Sterling gained on Monday on signs some pro-Brexit lawmakers were increasingly willing to compromise with Prime Minister Theresa May to increase the chances the British...
Oil prices rise on trade deal hopes, OPEC supply cuts
Oil prices rose on Monday, buoyed by output cuts by OPEC and reports that the United States and China are close to a deal to end a year-long tariff row. International...
Bella Disu, 65 others get Institute of Directors certification
Globacom’s Executive Vice Chairman, Mrs Bella Disu, and 65 other Directors have been certified by the Institute of Directors at the February 2019 New Members Induction...
Foreign trade volume hits N32.26trn in 2018 – NBS
The National Bureau of Statistics (NBS), said the country recorded a total trade value of N32.26 trillion year-on-year in 2018, representing 39.3 per cent increase over...
