Business Archives - Page 130 of 131 - Global Upfront Newspapers

How Coronavirus is impacting Nigeria’s economy

Global UpfrontMar 31, 2020March 31, 20200

Lukman Otunuga, Senior Research Analyst at FXTM On March 26, Nigeria joined many other nations banning flights into the country and urging shelter-in-place, social isolation

COVID-19: Polaris Bank provides 400 specialized beds and accessories to boost govt effort

Global UpfrontMar 30, 2020March 30, 20200

Iruoma Douglas Polaris Bank has acquired 400 specialised hospital beds, complete with mattresses and accessories, a boost to government efforts in the fight against coronavirus

Naira falls to N410/$1 at the parallel market

Global UpfrontMar 27, 2020March 27, 20200

Nigeria’s currency depreciated to N410 per one dollar at the parallel market, popularly called the black market on Friday evening following uncertainties in the foreign

FG suspends $22.7b external borrowing plan

Global UpfrontMar 16, 2020March 17, 20200

Minister of Finance, Mrs. Zainab Ahmed, on Monday announced that the Federal Government has suspended its $22.7 billion external borrowing plans due to current realities

CBN Cut Interest Rate on Its Bank Applicable Facilities from Nine to 5 Per Cent

Global UpfrontMar 16, 2020March 16, 20200

In reaction to the negative effects of the pandemic, Coronavirus, the Central Bank of Nigeria (CBN) on Monday cut interest rates on all applicable apex

Nigerian Consumer Agency, Chinese Firm Bicker Over Closure of Restaurant, Mall Over Allegations of Racisim

Global UpfrontMar 16, 2020March 16, 20200

Nigeria’s Federal Competition and Consumer Protection Commission (FCCPC), the apex consumer protection agency in the country says it has sealed an elitist Chinese restaurant and mall

Estimated Electricity Billing Now Illegal in Nigeria

Global UpfrontFeb 25, 2020February 25, 20200

The Nigerian Electricity Regulatory Commission (NERC) on Tuesday said that all the nation’s 11 electricity Distribution Companies (Discos) to stop further collection of electricity bill

Nigerian Economy Grew by 2.27% in 2019

Global UpfrontFeb 25, 2020February 25, 20200

Nigeria’s National Bureau of Statistics (NBS) on Monday said that the national economy grew by 2.27 per cent in 2019. The annual Gross Domestic Product

Nigeria’s Foreign Exchange Reserves, Excess Crude Account On Downward Spiral

Global UpfrontFeb 24, 2020February 24, 20201

Nigeria’s foreign exchange reserve and the Excess Crude Account (ECA) continues its downward trend with the Central Bank of Nigeria saying that the foreign reserves

Piracy, Oil Thieves, Threat to Nigeria’s Survival

Global UpfrontFeb 19, 2020February 19, 20200

The Nigerian National Petroleum Corporation (NNPC) says that the growing activities of oil thieves and pirates along Nigeria’s waterways and the Gulf of Guinea is