CBN to ban $1.2b yearly forex for milk, other dairy products
The Central Bank of Nigeria (CBN) might have concluded plans to add milk and other dairy products to items on ...
Tag: The Guardian
FMDQ weekly report
Commentary on the Foreign Exchange (FX) market with data for the week-ended June 28, 2019. The Small and Medium-scale Enterprises ...
NSIA moves to reduce gas flaring
To reduce what it described as incredible economic waste, compounded by environmental pollution, the Nigeria Sovereign Investment Authority (NSIA), plans ...
Dollar heads toward three-month low before Fed meeting
The dollar weakened against its rivals on Tuesday, heading back toward a recent three-month low before a U.S. Central Bank ...
Dangote Cement to attract $700 million as shareholders approve N272.6b dividend
Dangote Cement Plc has announced plans to attract $700 million in foreign exchange from the exportation of the product to ...
We were not given fair hearing, Oando insists
Again, the embattled management of Oando Plc has accused the Securities and Exchange Commission (SEC), of not granting it fair ...
‘How Nigeria, others generated $67b insurance premium’
Nigeria and other African countries were able to generate $676.7 billion insurance premium income, going by the records of the ...
Oil pipeline vandalism affecting investment, says Shell
Citing the danger of continuous sabotage to people and environment, and attendant loss of revenue, Shell Nigeria has called for stakeholders’ ...
KEDCo, Shell seal $2b investment deal
A power firm, Kano Electricity Distribution Company (KEDCo) and Shell Foundation have sealed a $2 billion three-year investment deal. The ...
Wapic raises share capital to N15b ahead of regulatory order
Wapic Insurance Plc has secured the approval of its shareholders to increase the authorised share capital of the company from ...
