Economic Confidential

Fisheries Cooperative beg CBN to Join ABP

Fisheries Cooperative beg CBN to Join ABP The Fisheries Cooperative Federation of Nigeria (FCFN) has appealed to the Central Bank of Nigeria (CBN) to include fisheries in its Anchor Borrowers’ Programme (ABP) to help fish farmers meet national demand...

Dangote Flour is best performing stock on NSE

Dangote Flour is best performing stock on NSE Dangote Flour led other equities in February on the Nigerian Stock Exchange (NSE) to emerge as the best performing stock, in percentage terms, with 81.66 per cent growth. Data obtained from the exchange...

Nigeria Targets Microfinance Banks For 774 Councils

Nigeria Targets Microfinance Banks For 774 Councils Nigeria is to establish Microfinance Bank (MfBs) in all the 774 local government areas of the country. Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, dropped the hint in Abuja while...

MTN Makes N453.1bn profit in 2018

MTN Makes N453.1bn profit in 2018 MTN Nigeria recorded N453.1 billion Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) in 2018. The communications company also attracted additional six million subscribers to its network in the year. The company made the disclosure in...

14,000 farmers, traders benefit from NSIP

14,000 farmers, traders benefit from NSIP The President, National Association of Nigerian Traders (NANTS) Mr Ken Ukaoha said that 14,000 members of the association and farmers benefited from the National Social Investment Programmes (NSIP) of the Federal Government. Ukaoha, who stated...

EU launches €30m energy investment fund in Nigeria

EU launches €30m energy investment fund in Nigeria The European Union (EU) says it will launch a 30 million Euro sustainable energy investment fund in Nigeria. Mr Adekunle Makinde, a former National Chairman, Nigerian Institute of Electrical and Electronics Engineers...
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