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Nigeria Import Grew to N35.9tn in 2023 – NBS

Nigeria Import Grew to N35.9tn in 2023 – NBS Nigeria’s total imports grew to N35.9tn in 2023, from N25.5tn recorded in 2022, according to data by the National Bureau of Statistics. A breakdown of the data showed that in the first and second quarters of 2023,...

Naira Maintains Stability, Exchanges for N1,572.86 per Dollar

Naira Maintains Stability, Exchanges for N1,572.86 per Dollar The foreign exchange market began on a positive note on Monday as the naira appreciated to N1,572.86 per dollar from N1,602.75/$1 on Friday on the official market. At the parallel market, the nation’s currency closed at N1,590 per...

Naira Maintains Stability, Exchanges for N1,572.86 per Dollar

Naira Maintains Stability, Exchanges for N1,572.86 per Dollar The foreign exchange market began on a positive note on Monday as the naira appreciated to N1,572.86 per dollar from N1,602.75/$1 on Friday on the official market. At the parallel market, the nation’s currency closed at N1,590 per...

NICA Seeks Low Interest Loans For MSMEs

NICA Seeks Low Interest Loans For MSMEs The National Institute of Credit Administration (NICA) has said the availability of loans with low interest rates and flexible repayment terms will boost the profitability of Small and Medium scale Enterprises. In a statement, the Chief Executive Officer of NICA,...

NICA Seeks Low Interest Loans For MSMEs

NICA Seeks Low Interest Loans For MSMEs The National Institute of Credit Administration (NICA) has said the availability of loans with low interest rates and flexible repayment terms will boost the profitability of Small and Medium scale Enterprises. In a statement, the Chief Executive Officer of NICA,...

Investors Gain N2.1trn in Stock market

Investors Gain N2.1trn in Stock market The stock market sustained bullish trend last week as investors on the Nigerian Exchange Limited, NGX, gained N2.1trillion. Though the market recorded mixed sentiment, the gains outweighed the losses as the NGX market capitalisation, which represents the total value of...