Latest news on business in Nigeria – Page 7 of 28

Binance Stops Naira Services, Urges Nigerian Users To Withdraw NGN Assets

Crypto trading platform, Binance, has announced plans to end its financial services in naira as it prepares to exit the Nigerian market.

Victor Ezeja

March 5, 2024

Economy: LCCI Urges Govt To Sustain Interventions In Critical Sectors To Drive Growth

Business·News

New Expatriate Levy May Drive Away Foreign Investors – LCCI

LCCI has warned that if the new Expatriate Employment Levy (EEL) policy launched by the federal government is not reviewed, it might affect foreign direct investment in Nigeria.

Victor Ezeja

March 5, 2024

Nigeria's Inflation Rate Hits 33.88% In October Amid Fresh Fuel Price Spike

Business·Finance & Economy·News

Why CBN’s 22.75% MPR Hike Can’t Tame Inflation – CCPE

The Centre for Promotion of Private Enterprise (CPPE) has advanced reason the latest hike in MPR by CBN won't help in bringing down inflation

Victor Ezeja

March 1, 2024

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

Business·Finance & Economy

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

February 28, 2024

Moghalu Highlights How Trump’s Presidency Will Affect African Economies

Business·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

February 28, 2024

CBN Raises Benchmark Interest Rate To 26.75% Amid Soaring Inflation

Business·Finance & Economy·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

February 27, 2024

How Nigeria’s External Reserves Rose By 5.6% To $38.8bn In 2024 — CBN

Business·Currency·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

February 24, 2024

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

Business·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

February 19, 2024

How Loss Of Over $5 Trillion In U.S. Stock Exchange Affects Nigeria

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

February 7, 2024

Naira Appreciates, Ends Week Positive Across Official, Black Markets

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

February 7, 2024

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Latest news on business in Nigeria - Page 7

Binance Stops Naira Services, Urges Nigerian Users To Withdraw NGN Assets

New Expatriate Levy May Drive Away Foreign Investors – LCCI

Why CBN’s 22.75% MPR Hike Can’t Tame Inflation – CCPE

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

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