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AGOA Business Business Day Business News Guardian NACC Oluwatoyin Akomolafe Premium Times Uncategorized

NACC restates commitment to trade ties between Nigeria, United States

With less than five years to the end of the extended African Growth and Opportunity Act (AGOA), the Nigerian American Chamber of Commerce (NACC) has reiterated its commitment to ensuring

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COVID-19 pushes 27m Nigerians into extreme poverty, says NLC

The ravaging coronavirus has pushed 27 million Nigerians into abject poverty since the outbreak of the virus early last year. The post COVID-19 pushes 27m Nigerians into extreme poverty, says

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Sell-off persists as stock market plunges further by N132 billion

The dominance of the bears has continued unabated on the equity sector of the Nigerian Stock Exchange (NSE) as more blue-chip stocks joined the league of losers yesterday, resulting to

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Adegbite tasks operators on flat sheet production

The Minister of Mines and Steel Development, Olamilekan Adegbite, has said that the nation’s steel industry, when fully developed, would boost job growth as he urged the sector to produce

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U.S. to support Nigeria’s dairy through capacity building

Counsellor for Agricultural Affairs at the U.S. Mission to Nigeria, Gerald Smith, has noted that the introduction of U.S. dairy cows to the country will boost local milk production …

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ASHON advises on commodities exchanges’ growth

The Association of Securities Dealing Houses of Nigeria (ASHON) has urged the Federal Government to initiate policies that would stimulate the growth of commodities exchanges. The post ASHON advises on

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Global stocks mostly fall amid angst at inflation risk

Global stock markets mostly fell Wednesday, with investors worried about high-flying share prices and the potential for inflation to spiral. The post Global stocks mostly fall amid angst at inflation

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Investors raise concern as artisanal miners flee sites

Following the recent crisis across the southwest between herdsmen and their host communities, northern artisanal miners in Ondo State have abandoned their trade for fear of being attacked. The post

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Online fraud rising as more Nigerians fall victims

Increasing number of Nigerians count their losses as activities of cybercriminals continue to rise year-on-year (Y-o-Y) basis. The post Online fraud rising as more Nigerians fall victims appeared first on

Business Business Day Business News CBN Guardian Premium Times Uncategorized

CBN sells $10.3bn at FX market in six months

The Central Bank of Nigeria (CBN) sold a total of $10.3 billion at the foreign exchange (FX) market in the first half of last year, the 2020 half-year activity report