Business and Economy

Analysts want govt assets in equity market as CBN eyes international financial centre

FINANCIAL experts have urged the Central Bank to work towards enlisting the government’s corporate assets into the equity market...
Harrison EDEH -

Naira weakens to N562/$ in parallel market amid drop in inflation

NIGERIA'S naira is sinking against the dollar in the parallel market, closing at N562/$ on Wednesday against N557/$ at...
Arinze NWAFOR -

Funding infrastructure with external loans blamed for problems in Nigeria’s education, health sectors

AN economist has blamed the Nigerian government's reliance on external loans to fund infrastructural projects for problems in the...
IHUOMA Chiedozie -

CBN again warns commercial banks to desist  from forex malpractices

THE Central Bank of Nigeria (CBN) has warned deposit money banks (DMBs) to desist from all forms of malpractice...
Harrison EDEH -
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Under Kyari and Dikko, Port Harcourt refinery makes zero revenue, employs 487 new staff, pays N23bn salary in 2020

MANAGERS of Port Harcourt Refinery Company (PHRC) have demonstrated that they are incapable of making good financial decisions, as...
Odinaka ANUDU -

Multiple taxation, port gridlocks, over-regulation hurting manufacturing companies – CEOs

THREE hundred and eighty out of 400 chief executive officers (CEOs) of manufacturing companies in Nigeria say multiple taxation...
Odinaka ANUDU -
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