Hope Ashike

Nigeria's Central Bank within the week, debited a total of N600 billion from banks for breaching its Cash Reserves Requirements (CRR). This, in addition to absence of inflows resulted in…

The volume of dollars traded in the Investors and Exporters (I&E) FX window fell by 6 percent to $937.27 million in July from $992.12 million in June 2020. This is attributed to…

Nigeria’s currency on Wednesday gained N1.00k on the black market as the dollar was sold at N473 as against N474 sold on Tuesday. The naira appreciation was attributed to low demand by…

The Central Bank of Nigeria (CBN) has set N500 million as a maximum limit that can be accessed from the healthcare research and development grant for development and manufacturing…

The European Investment Bank (EIB), the lending arm of the European Union, and the African Export-Import Bank (Afreximbank), Africa’s foremost multilateral trade finance institution, are…

Money market rates were generally stable and moved in tandem with the level of liquidity in the first quarter (Q1) of 2020. The Central Bank’s economic report for the first quarter…

The expected increase in the demand for the Nigerian treasury bills (NT-Bills) by investors may be pressured as a result of liquidity squeeze occasioned by absence of any inflows into the…

Sterling Bank Plc recently held a webinar for customers in the business of import/export of goods and services where it highlighted and addressed some of the challenges of the manufacturing…

Lift Above Poverty Organization (LAPO) improved the health and well-being of 50,723 women and children in the first half of 2020. Ayobami Honestus Obadiora, acting executive director, who…

Details of how qualified and targeted Nigerians can access some of the benefits under the Economic Sustainability Plan will emerge soon with the constitution of a 10-man steering committee…