BT Business

AfDB Mulls $120 Million Cassava Productivity Boost

by Breaking Timeson June 14, 2018
The African Development Bank (AfDB) has disclosed plans to invest $120 million within the next three years to boost productivity and transform cassava and eight other commodities in Africa. The nine commodities include: cassava, rice, maize, sorghum/millet, wheat, livestock, aquaculture, high iron beans and orange fleshed sweet potatoes. The Director for Agriculture at AfDB, Dr […]

Nigeria’s Stock Exchange Loses N416 Billion In 1 Week

by Breaking Timeson May 27, 2018
The heating up of the political terrain in the country is gradually having a negative effect on the Nigerian stock market, Business Post reports. During the just-concluded trading week, the Nigerian Stock Exchange (NSE) lost about N416 billion as a result of huge selling pressure at the market. Analysts had predicted that trading during the week would […]
Central Bank of Nigeria, CBN, BTA/PTA , foreX, pilgrimage

CBN Directs Banks To Sell FOREX To Everyone

by Breaking Timeson May 27, 2018
The Central Bank of Nigeria, CBN, has directed all banks to sell foreign exchange to anyone that is willing to purchase over the counter irrespective of whether the person is a customer or not, upon presentation of relevant documentation. The apex bank said any bank that contravenes this directive will be sanctioned. The CBN also […]