Finance Archives

CBN reduces Monetary Policy Rate to 12.5%

May 28, 2020May 28, 2020

by May 28, 2020May 28, 2020

The Central Bank of Nigeria has reduced the Monetary Policy rate to 12.5 percent from the previous 13.5 percent. The Governor of the Bank, Mr....

Business Finance Headlines News Nigeria

Investment and securities Tribunal resumes sitting

May 26, 2020May 26, 2020

by May 26, 2020May 26, 2020

The management of the Investments and Securities Tribunal has resumed court sittings in the Tribunal this week The Tribunal having resumed on Monday 4th May,...

Business Finance Headlines News Nigeria

Akabueze gets second term as DG Budget Office

May 17, 2020May 17, 2020

by May 17, 2020May 17, 2020

President Muhammadu Buhari has approved the renewal of the tenure of Mr. Benjamin Akabueze as Director-General (DG) of the Budget Office of the Federation. A...

Business Finance Headlines News Nigeria

COVID-19: Finance Minister applauds contributions from private firms

May 15, 2020May 15, 2020

by May 15, 2020May 15, 2020

The Minister of Finance, Hajya Zainab Ahmed has expressed appreciation to private firms that have contributed to the COVID-19 containment efforts in the country. Hajya...

Finance Headlines Local Nasarawa News

Nasarawa pensioners protest non-payment of entitlements

May 12, 2020May 12, 2020

by May 12, 2020May 12, 2020

Pensioners in Nasarawa State have staged a peaceful protest over non-payment of entitlements. The pensioners, mostly local government retirees converged on their office in Lafia,...

Business Finance Headlines News Nigeria

FG plans to pursue import substitution- Finance Minister

May 6, 2020May 6, 2020

by May 6, 2020May 6, 2020

The Minister of Finance, Hajya Zainab Ahmed says import substitution will be pursued vigorously to save the Government of scarce foreign exchange. Hajya Zainab who...

Business Finance Headlines News Nigeria

Nigerian stock indices grow by 0.30 per cent on first trading day in May

May 5, 2020May 5, 2020

by May 5, 2020May 5, 2020

The Nigerian Stock Exchange (NSE) resumed trading for the month of May with an increase of 0.30 per cent just as the country eases lockdown....

Finance Headlines News

PMB appoints Sunday Thomas NAICOM Commissioner

May 3, 2020May 3, 2020

by May 3, 2020May 3, 2020

President Muhammadu Buhari has approved the appointment of Mr. Sunday Thomas as the substantive Commissioner for Insurance/Chief Executive Officer, National Insurance Commission (NAICOM). Mr. Thomas...

Business Finance Headlines News Nigeria

CBN covid-19 loan: Beneficiaries emerge

April 30, 2020April 30, 2020

by April 30, 2020April 30, 2020

The first set of beneficiaries in the CBN-initiated COVID-19 loans have emerged. The Managing Director of the NIRSAL Microfinance Bank, the financial institution responsible for...

Business Finance Headlines News Nigeria

Copyright Commission engages stakeholders to boost investment

April 29, 2020April 29, 2020

by April 29, 2020April 29, 2020

The Nigerian Copyright Commission says it is engaging with stakeholders in the creative sector to develop appropriate mechanisms and ensure greater return on creative investment....