Ismail Balogun

Editor in chief

Latest Articles

‘Nigeria’s PMI Hits 18-month High In July’

Nigeria’s Purchasing Managers Index rose to 55.4 in July from 53.6 in June, according to a report by Stanbic IBTC Bank.

In Two Weeks, External Reserves Gain $280m

The country’s external reserves have returned to a growth path with a gain of $280m in two weeks, the latest figures from...

DMO Offers August Savings Bonds For Subscription To Investors

The Debt Management Office has opened the August savings bond offer to investors. The DMO said in a circular...

In Four Years, Nigeria Loses 2.5trn Oil Barrels

Nigeria has lost 4.5 trillion barrels of oil to theft in the last four years, according to data from the Nigeria Natural...

No plan to convert bank customers’ foreign currency into naira, says CBN

The Central Bank of Nigeria has said it is not planning to convert the foreign exchange in domiciliary accounts of bank customers...

Forex supply: CBN assures customers of banks’ compliance

The Central Bank of Nigeria has assured members of the public that it has implemented monitoring mechanisms to ensure that deposit money...

Naira Strengthens To 512/$1, Banks Sell Dollar For N412

The naira appreciated against the dollar at the parallel market on Monday as deposit money banks set up foreign exchange teller points...

Cement: Dangote, BUA, Lafarge post 62% profit increase

Three of the largest cement manufacturers in Nigeria saw their combined profit before tax jump by 61.90 per cent in the first...

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