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Thursday, October 19, 2017
Business & Finance

Business & Finance

2017 Budget: FG Steps Up Borrowings With Additional $2.5bn Eurobond

The Federal Government has stepped up its aggressive borrowing measures as Debt Management Office, DMO, indicated that it would be raising additional USD2.5 billion...

We’ll Consult Nigerians Before Selling 40% Stake In Discos’

The Minister of Power, Works and Housing, Mr Babatunde Fashola, has said the Federal Government will consult Nigerians before going ahead to sell its...

Investing In Children,Morally Right And Economically Safe

The World Bank has pledged its sustained support to the Nigerian Government to ensure quality health and development of children.   Mr Rachid Benmessaoud, World Bank...

GOVT Begins 60-Day Action Plan On Ease Of Doing Business

The Federal Government will on October 2 begin another 60 days action plan on the ease ofdoing business in the country.   Minister of Industry, Trade...

Exit From Recession Still Fragile, Says CBN

The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday said the 0.55 percent Gross Domestic Product growth rate, which took the...

Honeywell Flour Mills Grows Profit By 291%

Honeywell Flour Mills Plc has reported a 291 percent increase in profit before taxation, to N5.47bn in 2017 from a loss position in 2016.   This...

CBN Funding Of FG Excessive, Says Salami

The Central Bank of Nigeria is acting like a ‘’Piggy bank’’ with its funding of the Government, a member of the Monetary Policy Committee,...

CBN Worried Over Insider Abuses In Banks

The level of insider abuses perpetrated by bank Chief Executives and other key stakeholders are worrisome to the Central Bank of Nigeria .   CBN Governor...

Economic Summit To Address SME Funding

The 23rd edition of the Nigerian Economic Summit will address among other issues , access to capital by the Small and Medium Enterprises sector...

Union Bank’s N50bn Rights Issue To Open For Subscription

Union Bank has announced that the subscription for its N50 billion rights issue will commence Wednesday, September 20 and close Monday, October 30, 2017....

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