Yuan weakens to 6.9654 against dollar
The central parity rate of the Chinese currency renminbi, or the yuan, weakened 173 pips to 6.9654 against the dollar...
Foundation sponsors agribusiness stakeholders on exposure trip to Germany
AFOS-NIG INGO, a German NGO, has organised a nine-day exposure visit to Germany for its development partner-institutions as well as...
CBN unveils “SabiMONI” platform to promote financial literacy
The Central Bank of Nigeria (CBN), on Monday unveiled an e-learning platform, SabiMONI, to promote financial literacy and to deepen...
23 ships with assorted goods expected at Lagos ports
The Nigerian Ports Authority (NPA) on Monday said 23 ships conveying assorted goods were expected at Lagos ports from May...
FG, LCCI sensitise business community on ETLS
Federal Government and Lagos Chamber of Commerce and Industry (LCCI) on Monday sensitised the business community on the benefits of...
Naira begins new week on negative note
The Naira depreciated against the dollar on Monday, exchanging for N464 at the investors’ and exporters’ window. The rate represented...
Envoy seeks more Ireland, Nigeria collaboration on digital technology
Mr Peter Ryan, the Ambassador of Ireland to Nigeria, says one of the “natural areas” for more collaboration between his...
G-7: Finance chiefs address global economic, U.S. debt crisis looms
Group of Seven (G-7) finance chiefs have warned of heightened uncertainty and vowed to take actions to ensure financial stability...
China’s Oppo to shut down chip design unit as Smartphone sales slump
Chinese smartphone maker, Oppo said it will shut down its chip design unit, citing uncertainties in the global economy and...
Budget deficits, low revenue cause of rising debt
The Debt Management Office (DMO) says decades of operating budget deficits by successive governments is responsible for Nigeria’s high debt...
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