Business News Nigeria | Daily Updates | Nigerian News
Business news in Nigeria, Nigerian news today.Exclusive news & analysis Deep research and intelligence reports In-Depth Analysis.Newspaper...
Business News Nigeria | Daily Updates | Businessday.ng
Business news in Nigeria, Nigerian news today.Exclusive news & analysis Deep research and intelligence reports In-Depth Analysis.Newspaper...
Nigeria's business activity falls for the fifth straight month as ...
1 day ago · Business activities in Nigeria have fallen for the fifth consecutive month in November as inflationary pressures remain elevated. The latest monthly Purchasing Managers Index (PMI) by Stanbic IBTC Bank released on Monday showed the headline index declined to 49.6 in November from 46.9 in October.
Nigeria issues new $500m Eurobond to plug 2024 budget deficit
2 days ago · After a long wait all year, the Federal Republic of Nigeria has announced the launch of a dual-tranche Eurobond offering under its Global Medium Term Note Programme to finance the country’s 2024 fiscal deficit. According to documents seen by BusinessDay, the government will be issuing $500 million ...
About BusinessDay Nigeria - BusinessDay.ng
Nigeria’s premier private equity firm Capital Alliance took a forty per cent equity in BusinessDay Media Limited in 2002. This holding grew to about 60 per cent in 2004 when it formed Johnnic West Africa Limited with Johnnic Communications of South Africa, owners of Business Day SA.
Nigeria’s November rate hike has analysts seeing end to tightening
6 days ago · The Central Bank of Nigeria’s cautious interest rate hike on Tuesday and optimistic messaging on inflation has some economists predicting its unprecedented two-year tightening cycle is over. Governor Olayemi Cardoso and his monetary policy committee opted for a quarter-point hike at their last ...
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Naira. Naira appreciates after first FX trading on Bloomberg BMatch System. The naira, on Monday, appreciated against the dollar at the parallel market after the first foreign exchange (FX) trading day on the Electronic Foreign Exchange Matching System (EFEMS) via the Bloomberg BMatch System....
Nigeria’s silent crisis: Inflation’s grip tightens
6 days ago · Nigeria’s inflation crisis has evolved into a full-blown emergency. At 33.88 percent in October 2024, inflation has entrenched itself as a persistent tormentor of households and businesses alike, exposing systemic failures in governance and market regulation. While structural challenges such as ...
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Nigeria to widen tax net over revenue shortfall - Businessday NG
Sep 26, 2024 · FG eyes TETFUND’s 30% revenue. On the amendment to the Tertiary Education Trust Fund Act, Bayo Onanuga, special adviser to President Bola Tinubu on information and strategy, told journalists in Abuja on Wednesday that the government has successfully pushed an amendment to the Tertiary Education Trust Fund (TETFUND) Act, which provides for the deduction of 30 percent of revenue accruable to ...