Concerns are gradually mounting in the telecoms sector over the inactivity of $252 million NTEL assets…
Day: May 24, 2024
Manufacturing records negative growth in Q1 as economic challenges linger
All manufacturing indicators recorded negative changes in the first quarter majorly due to the prolonged foreign…
NECA urges CBN to reconsider FX market management approach
The Nigeria Employers’ Consultative Association (NECA) has urged the Central Bank of Nigeria (CBN) to reconsider…
CBN extends licence renewal of existing BDCs as PoS machines hit 2.7m
Existing Bureau de Change (BDC) operators that are willing to renew their licenses have up to…
Stock market tumbles as investors lose N173b, amid interest rate hike
The CBN decision to tackle rising inflation through aggressive monetary tightening, which has pushed the Monetary…