Cardoso, Oyedele sign Monetary-Fiscal policy coordination MOU
By Emma Ujah, Abuja Bureau Chief The Central Bank of Nigeria (CBN) and the Federal Ministry of Finance have signed a Memorandum of Understanding (MOU) on Monetary-Fiscal Policy Coordination to strengthen their partnership in the pursuit of stronger macroeconomic management, lasting economic stability and sustainable prosperity for all Nigerians. The Governor of the CBN, Mr. […]
Nigerian Stock Exchange sustains rally as 21 equities rise
The uptrend in the Nigerian Stock Exchange, NSE, continued today, resulting in rise in investors wealth by N3 billion after 21 equities recorded price increase.
KFC falls fowl in Britain with chicken run
Hundreds of KFC outlets remained shut in Britain on Wednesday due to a supply crisis, leaving fans craving a fix of deep-fried chicken.
NIMN calls for establishment of Marketing Ministry
Marketing practitioners, under the aegis of the National Institute of Marketing of Nigeria (NIMN), have stressed the need for the federal government to create a Ministry of Marketing that would enable it effectively prosecute its rebranding Nigeria project.
New dividend policy shocks banks as investors lose N100bn in 2 days
Investors with shares in the banking sector on the Nigerian Stock Exchange, NSE have lost over N100.8 billion in two trading days of the week following the directive by the Central Bank of Nigeria, CBN that restricted dividend payments by banks with high Non Performing Loans, NPLs, and low Capital Adequacy Ratio, CAR from paying dividend to their shareholders.
High demand for air freshener pitch producers for market share
Rising demand for air-care and increase in concerns over indoor air quality may have led to a high demand for air fresheners in the market. The demand is further fuelled by the rapid growth in car sales, surge in number of pet ownerships, residential buildings, increase in corporate offices and rise in consumers’ willingness to use premium air fresheners.
