Business

Cardoso: Why CBN took market by surprise on interest rate

Cardoso: Why CBN took market by surprise on interest rate

Bangkok, Thailand: The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has explained why the apex bank’s latest monetary policy decision took the market by surprise, saying the need to correct a faulty monetary policy transmission mechanism, alongside improving macroeconomic conditions, informed the move.
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SMEDAN, SAGE to train 5400 school children on entrepreneurship

SMEDAN, SAGE to train 5400 school children on entrepreneurship

THE Small and Medium Enterprises Development Agency (SMEDAN) in collaboration with US- based Students for Advancement of Global Entrepreneurship (SAGE) is set to train a total number of 5400 school children from 108 schools across Nigeria under the National School Entrepreneurship Programme (N-SEP).

Access Bank, German firms move to boost N637bn bilateral trade

Access Bank, German firms move to boost N637bn bilateral trade

Access Bank in collaboration with German Investment Corporation (DEG), and Delegation of German Industry and Commerce in Nigeria (AHK Nigeria), yesterday, unveiled the first German Desk in Nigeria, aimed at increasing the 2.9 billion euros bilateral trade between Nigeria and Germany.

AfDB leads fight against Fall Armyworm

AfDB leads fight against Fall Armyworm

WHEN it arrived Nigeria sometime in 2016 probably from western hemisphere, not many expected it to spread to over 40 countries in Africa in a year. That is the story of Fall armyworm that is marching across Africa, decimating crop lands and causing substantial financial losses, yet its soldiers are only 1.5 inches tall. There is fear that if nothing concrete is done that these ‘’soldiers’’ could have the equivalent of a nuclear effect with regard to agriculture on the continent.

PPMC sells 950m litres of petroleum products in one month

PPMC sells 950m litres of petroleum products in one month

The Nigerian National Petroleum Corporation (NNPC), Wednesday, said its subsidiary, the Petroleum Products Marketing Company, PPMC, distributed and sold 950.67 million litres of white products, comprising petrol, kerosene and diesel, in the month of August 2017.