LCCI To CBN: Review Policy On Repatriation Of Export Proceeds     It has become imperative for the Central Bank of Nigeria to review its policy on repatriation of export proceeds, the Lagos Chamber of Commerce and Industry has said. Director-General of LCCI, Dr Muda Yusuf, said this...

Cocoa Exporters Lament Price Slump       Exporters of cocoa are in a dilemma following continuing price slump in the international market. Cocoa, a key ingredient in chocolate, a luxury food product, has also seen a decline in demand. It is among Nigeria’s leading agricultural exports and constitutes...

Five Major Banks Post N680bn Bad Loans       Five of the major banks in the country, also known as Tier-1 banks have posted whopping N683bn non-performing loans in the 2020 financial year. According to the financial reports of the banks, released in April this year to the...

Foreign Portfolio Investments Drop By 40.4% In Q1, 2021       Foreign portfolio investments (FPIs) in Nigeria dropped by 40.35 per cent to N150.23 billion in the first quarter of the year as against N251.87 billion recorded in comparable quarter of last year. Nigeria’s latest FPI report obtained...

PR Wise: The Presidency, Pantami and Mbaka By Yushau A. Shuaib In public relations practice, decision-making processes on an issue and crisis management are always the toughest before any act of communication can be effectively executed. Unlike journalism that feasts on bad news, which is what sells,...

Investors Withdraw N339.06bn From Stock Market In Q1, 2021       Foreign and domestic investors pulled out a total of N339.06bn from the Nigerian stock market in the first three months of this year, the latest data from the Nigerian Exchange Limited have shown. The data also showed...