Emefiele said this at a news conference after the launching of the International Monetary Fund’s Regional Economic Outlook report on Sub-Saharan Africa on Tuesday in Abuja
Browsing: Business
Latest news in Business, Finance, Banking, Savings, Growth, NEC, Cooperatives from Nigeria and around the world, Get it fresh on The Eagle Online.
This followed the presentation of report on the Bill by Chairman, Committee on Banking, Insurance and other Financial Institutions, Rafiu Adebayo, and clause-by-clause consideration by the lawmakers at Tuesday’s plenary
Uboh had demanded in the letter submitted to the Red Chamber for the withdrawal of his petition before Senate Committee on Ethics and Privilege
Commodore Sam Bura, the Commander, Nigerian Navy Ship, Pathfinder, however, presented 23 suspects to newsmen in Eagle Island, near Port Harcourt
The News Agency of Nigeria reports that the market capitalisation increased by N117 billion or 1.28 per cent to close at N9.249 trillion against N9.132 trillion on Monday
However, resource-rich Nigeria, Angola and Central Africa’s six-nation CEMAC bloc are still struggling to deal with the losses caused by low oil prices, the IMF said
With the laying, the process for the consideration and passage of the Budget has begun in the Senate
In Lagos, the FIRS team, led by Anita Erinne, sealed Autobahn Techniques Limited at 348, Ikorodu Road over an aggregate tax debt of N76.7 million
The sources dismissed rumours making the rounds that Dr. Nwankwo is reluctant to leave at the expiration of his tenure and that his purported ambition to stay on is generating tension or uneasiness at DMO
The News Agency of Nigeria reports that Nestlé recorded the highest price appreciation to lead the gainers’ chart, growing by N25.01 to close at N750 per share
The NBS stated this in “Daily Energy Generated and Sent Out for 1st quarter 2017” report posted on its website in Abuja on Monday
This was contained in the Incoming and Outgoing Porting Activities of Mobile Network Operators report made obtained by the News Agency of Nigeria from NCC site on Monday in Lagos
Data obtained by NAN from the exchange for the period showed that the stock increased by 48.98 per cent to close at N26.25 per share in contrast with the month’s opening price of N17.62
Speaking with the News Agency of Nigeria in Enugu, the Managing Director of the bank, Kabiru Mohammed, said the move was part of efforts to diversify the economy and attain food security
The Minister, Suleiman Adamu, told the News Agency of Nigeria in Abuja in Monday that this was part of the ministry’s plan to boosting food production and generating foreign earnings
The sources said OPEC countries, including core Gulf members, are discussing internally whether an extension of nine months or longer is needed to give the market more time to rebalance
Cole, the Executive Director of African energy conglomerate, Sahara Group, said the involvement of the private sector in the continent’s power space had laid the foundation for significant improvement, which must now be enhanced by collaboration and support from governments
The appointment took effect from May 2, 2017
Fashola stated this in Jos on Monday at the 15th monthly meeting with the power sector participants
Rotimi Ogunleye, the state Commissioner for Commerce, Industry and Cooperatives, disclosed this in Alausa at the ongoing ministerial briefing to commemorate Governor Akinwunmi Ambode’s second year in office