June 19, 2023 - NairaDay

7 Business Stories to Watch This Week: CBN’s Domiciliary Account Policy and Food Prices

Web AdminJune 19, 2023June 19, 2023

The National Bureau of Statistics (NBS) will release reports on automotive gas oil (diesel) and liquefied petroleum gas (cooking gas) prices for May 2023. Additionally, selected food prices and transport...

Business News

The End of Petroleum Subsidies in Nigeria: Embracing Energy Efficiency

Web AdminJune 19, 2023June 19, 2023

In the wake of President Bola Ahmed Tinubu's recent announcement to end fuel subsidies in Nigeria, discussions surrounding the potential economic implications have surged. These subsidies, which have been deeply...

Business News

Nigeria’s Oil Shipping Costs Skyrocket as Tanker Owners Avoid the Country

Web AdminJune 19, 2023June 19, 2023

According to a recent report by Bloomberg, the cost of shipping oil from Nigeria has experienced the most significant surge in over a year, leading some ship owners to steer...

Business News

Goldman Sachs Lowers China’s Growth Forecast as Property Slowdown Takes Toll

Web AdminJune 19, 2023June 19, 2023

Goldman Sachs analysts have revised down their forecasts for China's economic growth, pointing to persistently weak confidence and the challenges facing the property market as significant obstacles. According to a...

Business News

Global Stocks Decline as Chinese Leader Meets US Diplomat with No Signs of Progress

Web AdminJune 19, 2023June 19, 2023

Global stock markets took a downward turn following Wall Street's decline after a meeting between the top US diplomat and China's leader failed to show any signs of progress in...

Other News

Amplify Your Business Reach with NairaDay.ng: The Ultimate Platform for Business News and Event Promotion

Web AdminJune 19, 2023June 19, 2023

Introduction: In today's fast-paced business landscape, staying ahead of the competition requires effective marketing strategies that can connect you with the right audience. Introducing NairaDay.ng, the all-in-one news website designed...

Business News

MAN Forecasts Import Cost Increases and Exchange Rate Volatility Amid Naira Float

Web AdminJune 19, 2023June 19, 2023

The Manufacturers Association of Nigeria (MAN) has expressed its anticipation of increased import costs, economic uncertainties, and exchange rate volatility due to the recent float of the Naira. In an...

Business News

CBN Provides Operational Guidance on Forex Policy Changes

Web AdminJune 19, 2023June 19, 2023

The Central Bank of Nigeria (CBN) has released a press statement on June 18, 2023, offering additional guidance to Deposit Money Banks (DMBs) regarding the operational adjustments to the foreign...

Business News

Polaris Bank Updates Guidelines for Forms A and Q Following Central Bank of Nigeria’s Forex Policy Changes

Web AdminJune 19, 2023June 19, 2023

Polaris Bank has recently communicated important updates regarding the guidelines for Forms A and Q requests to its customers. The bank stated that these updates were implemented in accordance with...

Business News

Aliko Dangote’s Wealth Declines by $4.12 Billion Following Naira Liberalization and Exchange Rate Unification

Web AdminJune 19, 2023June 19, 2023

Aliko Dangote, one of Nigeria's wealthiest individuals, has experienced a significant decrease in his wealth, amounting to $4.12 billion, since the liberalization of the Nigerian naira and the unification of...

Day: June 19, 2023

7 Business Stories to Watch This Week: CBN’s Domiciliary Account Policy and Food Prices

The End of Petroleum Subsidies in Nigeria: Embracing Energy Efficiency

Nigeria’s Oil Shipping Costs Skyrocket as Tanker Owners Avoid the Country

Goldman Sachs Lowers China’s Growth Forecast as Property Slowdown Takes Toll

Global Stocks Decline as Chinese Leader Meets US Diplomat with No Signs of Progress

Amplify Your Business Reach with NairaDay.ng: The Ultimate Platform for Business News and Event Promotion

MAN Forecasts Import Cost Increases and Exchange Rate Volatility Amid Naira Float

CBN Provides Operational Guidance on Forex Policy Changes

Polaris Bank Updates Guidelines for Forms A and Q Following Central Bank of Nigeria’s Forex Policy Changes

Aliko Dangote’s Wealth Declines by $4.12 Billion Following Naira Liberalization and Exchange Rate Unification

Fidelity Bank Empowers Osun Residents Through Grassroots Support Initiative

Investor Appetite Soars as CBN Treasury Bills Auction Pulls in ₦1.17 Trillion in Bids

Nigeria Targets Mining and Automotive Sectors to Drive New Industrial Era

Aliko Dangote Honoured Globally as TIME Names Him Among Top 100 Philanthropists

New Player Enters Nigeria’s Broadcast Market as Luft Pay TV Launches in Lagos

Nigeria Risks Losing $11 Billion Yearly Due to Widening Digital Skills Gap, Experts Warn

Stanbic IBTC Reports Record ₦225.3 Billion Profit, Driven by Strong Lending and Investment Gains

Nestlé and Tripple Gee Drive ₦20bn Surge as NGX Closes on Positive Note

Senate Raises Alarm as Federal Government’s Power Sector Debt Surges by N800bn

Business Buzz Returns to Ketu as Keystone Bank Reopens Modernized Branch

CBN Trims Federal Government’s Loan Balance by Over N4 Trillion in Major Fiscal Adjustment

The Miseducation of the Nigerian Child