Business

W/Bank mobilises $5.79bn private capital for Nigeria

W/Bank mobilises $5.79bn private capital for Nigeria

By Emma Ujah, Abuja Bureau Chief The World Bank Group has said it is helping to mobilise $5.79 billion in private capital for investment in Nigeria’s agriculture, telecommunications and micro, small and medium enterprises (MSMEs), in a major push to expand private-sector participation in the economy. The financing drive is being supported by policy reforms, […]
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Lagos economy benefits as december records huge spending

Lagos economy benefits as december records huge spending

The Lagos State economy has received a major boost as spendings in the creative sector records an estimated N50bn cash transactions in the first three weeks of December, according to reports monitored by the Lagos State Government.

Naira appreciates to N360.6/$ in I&E

Naira appreciates to N360.6/$ in I&E

The naira Thursday appreciated further by 10 kobo to N360.6 per dollar in the Investors and Exporters (I&E) window, buoyed by 76 percent increase in volume of dollars traded.