Vodacom to invest more than $589 mln on South Africa network this year

Mixed reactions have trailed the proposed plan by the Federal Government to slam a five per cent Value Added Tax...

Lending: Banks race to beat CBN’s deadline

BANKS are in a race to beat the September 30 deadline given by Central Bank of Nigeria (CBN) to implement...

15 ships at Lagos ports with petroleum products

FIFTEEEN ships conveying petroleum products and other commodities have berthed at Apapa and Tin-Can Island ports in Lagos, the Nigerian...

CBN to Disburse Lower Currency Denominations to MFBs

The Central Bank of Nigeria (CBN) has released guidelines for the disbursement of lower denominations of the naira through microfinance...

Nigeria central bank eyes second debt sale in a week to lure foreign investors

Nigeria’s central bank plans to auction 150 billion naira ($489.5 mln) of open market bills on Thursday, traders said, its...

AfDB approves $20m for clean energy

THE African Development Bank (AfDB) has approved $20 million for the Facility for Energy Inclusion (FEI). The facility was sponsored...

CBN’s PMI report shows rise in employment

THE Central Bank of Nigeria (CBN) Purchasing Managers Index (PMI) report for July shows employment level index on the rise...

CBN Auctions N34bn Treasury Bills

The Central Bank of Nigeria (CBN) held a treasury auction on Wednesday to try to lure foreign investors. According to...

Fuel Subsidy Removal Will Add 4% to Global GDP, IMF Tells Nigeria, Others