Business

CBN sheds more light on N75bn Youth Investment Fund

The Central Bank of Nigeria (CBN) has released framework for the  proposed N75 billion Nigeria Youth Investment Fund (NYIF). CBN, …

PMI Survey indicates Nigerian manufacturing sector recording impressive growth- CBN

The new Purchasing Managers’ Index for the manufacturing sector at present is 49.4 index points, showing a reversal of five …

KPMG rates Wema Bank as the best in payments, transactions, others

A new scorecard released by KPMG has Wema Bank  as leader in the payments and transactions. The bank which has …

Lagos Commodities Exchange to empower 10 million youths on trading

The newly-licensed Lagos Commodities and Futures Exchange ( LCFE) is targeting no fewer than 10 million Nigerian youths for empowerment …

Economy

ESP: FG begins payment of N30,000 to 333,000 artisans across Nigeria

The Federal Government has revealed that the payment of N30,000 one-time grant to 333,000 artisans across the country has commenced. …

Currency in circulation increased by N56.44bn in one month, CBN reveals

Currency in circulation has ratcheted up by N56.44bn in one month from N2.369tn as of the end of August to …

Local Content: FG bars foreign companies from bidding for contracts worth N5bn

In order to empower local contractors, the Federal Government has barred foreign firms from bidding for contracts worth N5 billion. …

Increased national debt, non-performing loans strengthen our capability- NDIC

The Nigeria Deposit Insurance Corporation (NDIC) has lamented that the threat of recession, increased national debt and non-performing loans in …

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