Good morning, here are the latest top business news headlines for today Monday, March 2021.
Emefiele Hints At Devaluation Of Naira, Exchange Rate Now N410/$
There are indications that the government has heeded to the advice of financial experts and devalued the nation’s currency.
The Governor of Central Bank of Nigeria, Godwin Emefiele, while addressing…
The Governor of Central Bank of Nigeria, Godwin Emefiele, while addressing…Read more
Banking Industry Struggling To Survive Rapid Innovations – CIBN
The Registrar of the Chartered Institute of Bankers of Nigeria (CIBN), Seye Awojobi, said that the global banking industry was struggling to keep at pace with the innovations happening at “unprecedented speed”.
He also disclosed that certification programmes would assist bankers in the…Read more
French Agency, MAN Offer $81 Million For Clean Energy Development
The French Development Agency and the Manufacturers Association of Nigeria (MAN) are collectively offering $81m for the development of renewable energy and the energy efficiency sector in Nigeria.
Both organisations are supporting renewable energy development in…Read more
Restrict Fuel Importation To Licensed Refiners Only, Dangote Urges
Dangote Group has suggested a provision in the Petroleum Industry Bill that will allow only refiners with active licences to import petroleum products into the country.
This was one of the recommendations made by the Chief Strategy Officer…Read more
Dangote Refinery Will Open Opportunities For Businessmen In Nigeria – Emefiele
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has projected that the establishment of the Dangote refinery would create opportunities for “Nigerian businessmen” when supply eclipses demand of the refined products in Nigeria.
Emefiele added that following an agreement between oil corporations…Read more
Stock Market Roundup: Financial Services Industry Dominates Gains Chart
In the weekly report of the performance of the stock market at the Nigerian Stock Exchange (NSE), a total of 1.930 billion shares worth N20.656 billion in 24,687 deals were traded, with institutions in the Financial Services Industry dominating the chart again this week.
Performance this week appreciated, in comparison to last week’s…Read more
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