Pascal Arogorn Ibe
- Business
- September 1, 2020
- 261 views
CBN orders banks to pay 10%of MPR as interest on savings deposit
The Central Bank of Nigeria (CBN) has ordered banks to henceforth pay 10% of it’s Monetary Policy Rate (MPR) as the minimum interest rate on savings deposit. The MPR is…
- Business
- September 1, 2020
- 328 views
Adesina sworn in for second term as AfDB president
President of the African Development Bank , Dr Akinwunmi Adesina , has been sworn- in for the second term in office . The ceremony held virtually and broadcast online on…
- Business
- September 1, 2020
- 222 views
Nigeria to be net exporter of petroleum products by 2022 — DPR
The Department of Petroleum Resources (DPR), says with five built refinery plants across the country and seven in the making, Nigeria will be a net exporter of petroleum products in…
- Business
- August 31, 2020
- 293 views
Ban on maize importation not sole cause of price increase — CBN
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…
- Business
- August 31, 2020
- 238 views
Equities market up 0.3% amidst portfolio adjustments, positioning for Q3’20 earnings
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…
- Business
- August 28, 2020
- 268 views
Nigerian capital importation declines -77.88% in Q2 2020
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…
- Business
- August 27, 2020
- 332 views
Akinwuni Adesina reelected AfDB president, Buhari Felicitates
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…