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    Global trade war: Naira value depreciates amid forex outflows

    Naira appreciates to N1,615/$ in parallel market

    MPC seeks fiscal support on naira stability, retains interest rate at 27.5%

    MPC seeks fiscal support on naira stability, retains interest rate at 27.5%

    Naira-for-crude deal caused reduced petrol prices – Dangote

    Naira-for-crude deal caused reduced petrol prices – Dangote

    Amid Improved Loan Quality, Banks’ Average Non-Performing Loans Increase to N2.59trn

    Amid Improved Loan Quality, Banks’ Average Non-Performing Loans Increase to N2.59trn

    Stock market:  Foreign investment outflow rises to 250.86% to N420.37bn in Q1’25

    Market rallies, gains N613 billion in one week ahead of MPC meeting

    Home » News » High interest rate affecting manufacturing sector, SMEs — Reps to CBN Business May 19, 2025 High interest rate affecting manufacturing sector, SMEs — Reps to CBN

    Stock market:  Foreign investment outflow rises to 250.86% to N420.37bn in Q1’25

    Stock market: Foreign investment outflow rises to 250.86% to N420.37bn in Q1’25

    CBN policies may lower inflation to 22.1% – W’Bank

    CBN policies may lower inflation to 22.1% – W’Bank

    Banking Sector Strengthens as Capital Adequacy Ratio Hits 15.2%, Liquidity 49.06%

    CBN raises T-bills auction offer to N550bn – Report

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      Global trade war: Naira value depreciates amid forex outflows

      Naira appreciates to N1,615/$ in parallel market

      MPC seeks fiscal support on naira stability, retains interest rate at 27.5%

      MPC seeks fiscal support on naira stability, retains interest rate at 27.5%

      Naira-for-crude deal caused reduced petrol prices – Dangote

      Naira-for-crude deal caused reduced petrol prices – Dangote

      Amid Improved Loan Quality, Banks’ Average Non-Performing Loans Increase to N2.59trn

      Amid Improved Loan Quality, Banks’ Average Non-Performing Loans Increase to N2.59trn

      Stock market:  Foreign investment outflow rises to 250.86% to N420.37bn in Q1’25

      Market rallies, gains N613 billion in one week ahead of MPC meeting

      Home » News » High interest rate affecting manufacturing sector, SMEs — Reps to CBN Business May 19, 2025 High interest rate affecting manufacturing sector, SMEs — Reps to CBN

      Stock market:  Foreign investment outflow rises to 250.86% to N420.37bn in Q1’25

      Stock market: Foreign investment outflow rises to 250.86% to N420.37bn in Q1’25

      CBN policies may lower inflation to 22.1% – W’Bank

      CBN policies may lower inflation to 22.1% – W’Bank

      Banking Sector Strengthens as Capital Adequacy Ratio Hits 15.2%, Liquidity 49.06%

      CBN raises T-bills auction offer to N550bn – Report

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        Global trade war: Naira value depreciates amid forex outflows

        Naira appreciates to N1,615/$ in parallel market

        MPC seeks fiscal support on naira stability, retains interest rate at 27.5%

        MPC seeks fiscal support on naira stability, retains interest rate at 27.5%

        Naira-for-crude deal caused reduced petrol prices – Dangote

        Naira-for-crude deal caused reduced petrol prices – Dangote

        Amid Improved Loan Quality, Banks’ Average Non-Performing Loans Increase to N2.59trn

        Amid Improved Loan Quality, Banks’ Average Non-Performing Loans Increase to N2.59trn

        Stock market:  Foreign investment outflow rises to 250.86% to N420.37bn in Q1’25

        Market rallies, gains N613 billion in one week ahead of MPC meeting

        Home » News » High interest rate affecting manufacturing sector, SMEs — Reps to CBN Business May 19, 2025 High interest rate affecting manufacturing sector, SMEs — Reps to CBN

        Stock market:  Foreign investment outflow rises to 250.86% to N420.37bn in Q1’25

        Stock market: Foreign investment outflow rises to 250.86% to N420.37bn in Q1’25

        CBN policies may lower inflation to 22.1% – W’Bank

        CBN policies may lower inflation to 22.1% – W’Bank

        Banking Sector Strengthens as Capital Adequacy Ratio Hits 15.2%, Liquidity 49.06%

        CBN raises T-bills auction offer to N550bn – Report

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          Global trade war: Naira value depreciates amid forex outflows

          Naira appreciates to N1,615/$ in parallel market

          MPC seeks fiscal support on naira stability, retains interest rate at 27.5%

          MPC seeks fiscal support on naira stability, retains interest rate at 27.5%

          Naira-for-crude deal caused reduced petrol prices – Dangote

          Naira-for-crude deal caused reduced petrol prices – Dangote

          Amid Improved Loan Quality, Banks’ Average Non-Performing Loans Increase to N2.59trn

          Amid Improved Loan Quality, Banks’ Average Non-Performing Loans Increase to N2.59trn

          Stock market:  Foreign investment outflow rises to 250.86% to N420.37bn in Q1’25

          Market rallies, gains N613 billion in one week ahead of MPC meeting

          Home » News » High interest rate affecting manufacturing sector, SMEs — Reps to CBN Business May 19, 2025 High interest rate affecting manufacturing sector, SMEs — Reps to CBN

          Stock market:  Foreign investment outflow rises to 250.86% to N420.37bn in Q1’25

          Stock market: Foreign investment outflow rises to 250.86% to N420.37bn in Q1’25

          CBN policies may lower inflation to 22.1% – W’Bank

          CBN policies may lower inflation to 22.1% – W’Bank

          Banking Sector Strengthens as Capital Adequacy Ratio Hits 15.2%, Liquidity 49.06%

          CBN raises T-bills auction offer to N550bn – Report

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            Global trade war: Naira value depreciates amid forex outflows

            Naira appreciates to N1,615/$ in parallel market

            MPC seeks fiscal support on naira stability, retains interest rate at 27.5%

            MPC seeks fiscal support on naira stability, retains interest rate at 27.5%

            Naira-for-crude deal caused reduced petrol prices – Dangote

            Naira-for-crude deal caused reduced petrol prices – Dangote

            Amid Improved Loan Quality, Banks’ Average Non-Performing Loans Increase to N2.59trn

            Amid Improved Loan Quality, Banks’ Average Non-Performing Loans Increase to N2.59trn

            Stock market:  Foreign investment outflow rises to 250.86% to N420.37bn in Q1’25

            Market rallies, gains N613 billion in one week ahead of MPC meeting

            Home » News » High interest rate affecting manufacturing sector, SMEs — Reps to CBN Business May 19, 2025 High interest rate affecting manufacturing sector, SMEs — Reps to CBN

            Stock market:  Foreign investment outflow rises to 250.86% to N420.37bn in Q1’25

            Stock market: Foreign investment outflow rises to 250.86% to N420.37bn in Q1’25

            CBN policies may lower inflation to 22.1% – W’Bank

            CBN policies may lower inflation to 22.1% – W’Bank

            Banking Sector Strengthens as Capital Adequacy Ratio Hits 15.2%, Liquidity 49.06%

            CBN raises T-bills auction offer to N550bn – Report

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              Global trade war: Naira value depreciates amid forex outflows

              Naira appreciates to N1,615/$ in parallel market

              MPC seeks fiscal support on naira stability, retains interest rate at 27.5%

              MPC seeks fiscal support on naira stability, retains interest rate at 27.5%

              Naira-for-crude deal caused reduced petrol prices – Dangote

              Naira-for-crude deal caused reduced petrol prices – Dangote

              Amid Improved Loan Quality, Banks’ Average Non-Performing Loans Increase to N2.59trn

              Amid Improved Loan Quality, Banks’ Average Non-Performing Loans Increase to N2.59trn

              Stock market:  Foreign investment outflow rises to 250.86% to N420.37bn in Q1’25

              Market rallies, gains N613 billion in one week ahead of MPC meeting

              Home » News » High interest rate affecting manufacturing sector, SMEs — Reps to CBN Business May 19, 2025 High interest rate affecting manufacturing sector, SMEs — Reps to CBN

              Stock market:  Foreign investment outflow rises to 250.86% to N420.37bn in Q1’25

              Stock market: Foreign investment outflow rises to 250.86% to N420.37bn in Q1’25

              CBN policies may lower inflation to 22.1% – W’Bank

              CBN policies may lower inflation to 22.1% – W’Bank

              Banking Sector Strengthens as Capital Adequacy Ratio Hits 15.2%, Liquidity 49.06%

              CBN raises T-bills auction offer to N550bn – Report

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                Global trade war: Naira value depreciates amid forex outflows

                Naira appreciates to N1,615/$ in parallel market

                MPC seeks fiscal support on naira stability, retains interest rate at 27.5%

                MPC seeks fiscal support on naira stability, retains interest rate at 27.5%

                Naira-for-crude deal caused reduced petrol prices – Dangote

                Naira-for-crude deal caused reduced petrol prices – Dangote

                Amid Improved Loan Quality, Banks’ Average Non-Performing Loans Increase to N2.59trn

                Amid Improved Loan Quality, Banks’ Average Non-Performing Loans Increase to N2.59trn

                Stock market:  Foreign investment outflow rises to 250.86% to N420.37bn in Q1’25

                Market rallies, gains N613 billion in one week ahead of MPC meeting

                Home » News » High interest rate affecting manufacturing sector, SMEs — Reps to CBN Business May 19, 2025 High interest rate affecting manufacturing sector, SMEs — Reps to CBN

                Stock market:  Foreign investment outflow rises to 250.86% to N420.37bn in Q1’25

                Stock market: Foreign investment outflow rises to 250.86% to N420.37bn in Q1’25

                CBN policies may lower inflation to 22.1% – W’Bank

                CBN policies may lower inflation to 22.1% – W’Bank

                Banking Sector Strengthens as Capital Adequacy Ratio Hits 15.2%, Liquidity 49.06%

                CBN raises T-bills auction offer to N550bn – Report

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                  Global trade war: Naira value depreciates amid forex outflows

                  Naira appreciates to N1,615/$ in parallel market

                  MPC seeks fiscal support on naira stability, retains interest rate at 27.5%

                  MPC seeks fiscal support on naira stability, retains interest rate at 27.5%

                  Naira-for-crude deal caused reduced petrol prices – Dangote

                  Naira-for-crude deal caused reduced petrol prices – Dangote

                  Amid Improved Loan Quality, Banks’ Average Non-Performing Loans Increase to N2.59trn

                  Amid Improved Loan Quality, Banks’ Average Non-Performing Loans Increase to N2.59trn

                  Stock market:  Foreign investment outflow rises to 250.86% to N420.37bn in Q1’25

                  Market rallies, gains N613 billion in one week ahead of MPC meeting

                  Home » News » High interest rate affecting manufacturing sector, SMEs — Reps to CBN Business May 19, 2025 High interest rate affecting manufacturing sector, SMEs — Reps to CBN

                  Stock market:  Foreign investment outflow rises to 250.86% to N420.37bn in Q1’25

                  Stock market: Foreign investment outflow rises to 250.86% to N420.37bn in Q1’25

                  CBN policies may lower inflation to 22.1% – W’Bank

                  CBN policies may lower inflation to 22.1% – W’Bank

                  Banking Sector Strengthens as Capital Adequacy Ratio Hits 15.2%, Liquidity 49.06%

                  CBN raises T-bills auction offer to N550bn – Report

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                  Labour ministry, senators clash over banking bill amendments

                  Punch | July 16, 2020
                  Labour ministry, senators clash over banking bill amendments
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                  The relationship between the Ministry of Labour and the National Assembly worsened on Wednesday when the representative of the Minister of Labour, Chris Ngige, clashed with members of the Senate Committee on Banking, Insurance, and other Financial Institutions, at a public hearing.

                  The public hearing was on Banks and other Financial Institutions Act Cap B3 LFN 2004 (Repeal and Reenactment) Bill 2020 (SB.178) and Electronic Transaction Bill, 2020 (SB.155).

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                  Trouble started when the Director of Productivity and Labour Standards in the ministry, Eyewumi Neburagho, was invited to make comments on the bill that sought to amend BOFIA.

                  He caused a stir when he demanded the suspension of both the public hearing and the bill pending when the senate committee would formally invite the ministry and send a copy of the draft bill to it.

                   

                  Neburagho argued that even though being a major stakeholder, the ministry was not carried along in the public hearing but decided to send a representative when it stumbled on the information in the media.

                  He said the ministry should know how the bill would affect workers interest.

                   

                  He therefore asked the senate panel to either step down further actions on the bill or expunge aspects that would affect workers’ interests.

                  He said, “We in the Ministry of Labour and Employment have not been availed or presented with a copy of the said bill on which this public hearing is called.

                  “Our aspiration is to enhance decent working, promote   fair labour practices and ensure industrial harmony in the economy.”

                   

                  He added, “In view of this, the Ministry of Labour and Employment wish to propose that the proposed  bill be stepped  down and the public  hearing be suspended until  the  labour  issues  in the bill are sorted  out in the  appropriate  tripartite  consultative  forum.

                  “On the other hand, the sponsors of the bill may wish to expunge the labour aspect of  the bill and go ahead  with  the areas on digital  financial  transactions.”

                  The submission of the ministry did not go down well with the panel who insisted that the legislative process on the bill would continue.

                   

                  The chairman of the panel, Senator Uba Sani, warned the ministry against dictating to the National Assembly how it should carry on its business of law making.

                   He said, “We are federal lawmakers elected to make laws for the good of the country and we will not sit here and watch an appointee of an executive arm of government dictate to us on how to conduct our procedure.”

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