As stakeholders in poultry industry get nervous over losses The Central Bank of Nigeria, CBN, has cleared the air that it is not a ban on maize importation alone that is the sole cause of the price increase of the commodity as believed in the industry. This was stated by the Principal Manager, Anchor Borrowers […]
As the stock market and economy continued to move in opposite directions, investors seem to be repositioning their portfolios on the back of the low price attractions leading to upward trend in the market last week. But some investment analysts see a reversal of price gains as some investors may go for profit taking sales […]
The Nigerian capital importation recorded a negative growth in Q2 2020 with -77.88% decrease. This was contained in quarterly data report released by the National Bureau of Statistics, NBS on Friday which out the total value of capital importation into Nigeria at $1,294.94m in the second quarter of 2020. The decrease according to the report […]
African Development Bank president, AFDB , Akinwumi Adesina, has been reelected. Adesina, who returned unopposed, formally requested for a second term as AfDB president, saying he was “doing it with an acute sense of duty and commitment. I do it to serve Africa and our bank, in an unbiased way, to the best of the […]
