Business

CBN Says Monetary Reforms Yielding Positive Results

The Central Bank of Nigeria, CBN has said its monetary policy reforms are beginning to have positive effects on the country’s economy.…

2 years ago

Lagos, Kogi, Rivers Lead as Inflation Hits 27.33%

Nigeria is facing its worst cost of living crisis in about two decades following the surge of inflation to 27.33…

2 years ago

Minister of Works Reveals FG to Use Concrete for Lagos-Abidjan Road Construction

The Minister of Works Dave Umahi, has promised to ensure that the Nigerian section of the proposed Lagos – Abidjan…

2 years ago

FG Signs 250mw Power Sale Deal With Discos

The Federal Government through the Niger Delta Power Holding Company, NDPHC has signed a Power Purchase Agreement with utility companies…

2 years ago

World Bank Disburses $300m Palliative Loans

The World Bank has commenced payment of the $800m approved for the National Social Safety Net Program-Scale Up. VOP Business gathered…

2 years ago

Naira Slump Persists Despite 46% Rise in Dollar Turnover

The amount of dollars traded on the Investor & Exporter forex window rose by 46.69 per cent to $123.25m on…

2 years ago

Consumer Goods Firms’ Short-term Debts Worsen Amid Earnings Slump

Consumer goods firms in Nigeria are facing a liquidity crisis after an earnings slump, pm triggered by a combination of…

2 years ago

CBN, NBET Others Owe FG N190bn for Electricity Supply

The Federal Government owned power firm, the Niger Delta Power Holding Company has said that the Central Bank of Nigeria,…

2 years ago

Banks, Trains Grounded as Lagos Workers Join NLC Strike

The Affiliates of the Nigerian Labour Congress, NLC and Trade Union Congress of Nigeria, TUC in Lagos State, today complied with…

2 years ago

MTN to Exit Liberia, Two Other African Countries

African telecommunication giant, MTN, is considering exiting three markets on the continent. This is according to a report by Business…

2 years ago