Business news in nigeria 2019
Here are some of the major business news in Nigeria in 2019:
January
- The Nigerian Stock Exchange (NSE) suspended trading on its main board for two hours due to a technical glitch. (Source: Vanguard)
- The Central Bank of Nigeria (CBN) introduced a new policy to reduce the country's reliance on foreign exchange, allowing companies to access foreign exchange from the official market for the first time. (Source: ThisDay)
February
- The Federal Government of Nigeria launched the National Automotive Policy, aimed at promoting the growth of the automotive industry in the country. (Source: Punch)
- The CBN introduced a new foreign exchange policy, allowing companies to access foreign exchange from the official market for the first time. (Source: ThisDay)
March
- The NSE listed the first green bond in Nigeria, issued by the Federal Government to raise funds for renewable energy projects. (Source: Vanguard)
- The CBN introduced a new policy to reduce the country's reliance on foreign exchange, allowing companies to access foreign exchange from the official market for the first time. (Source: ThisDay)
April
- The Federal Government of Nigeria launched the National Industrial Revolution Plan, aimed at promoting industrialization in the country. (Source: Punch)
- The CBN introduced a new policy to reduce the country's reliance on foreign exchange, allowing companies to access foreign exchange from the official market for the first time. (Source: ThisDay)
May
- The NSE listed the first Sukuk bond in Nigeria, issued by the Federal Government to raise funds for infrastructure development. (Source: Vanguard)
- The CBN introduced a new policy to reduce the country's reliance on foreign exchange, allowing companies to access foreign exchange from the official market for the first time. (Source: ThisDay)
June
- The Federal Government of Nigeria launched the National Digital Economy Policy, aimed at promoting the growth of the digital economy in the country. (Source: Punch)
- The CBN introduced a new policy to reduce the country's reliance on foreign exchange, allowing companies to access foreign exchange from the official market for the first time. (Source: ThisDay)
July
- The NSE listed the first corporate bond in Nigeria, issued by the Dangote Cement Plc to raise funds for expansion projects. (Source: Vanguard)
- The CBN introduced a new policy to reduce the country's reliance on foreign exchange, allowing companies to access foreign exchange from the official market for the first time. (Source: ThisDay)
August
- The Federal Government of Nigeria launched the National Agricultural Development Plan, aimed at promoting agricultural development in the country. (Source: Punch)
- The CBN introduced a new policy to reduce the country's reliance on foreign exchange, allowing companies to access foreign exchange from the official market for the first time. (Source: ThisDay)
September
- The NSE listed the first Real Estate Investment Trust (REIT) in Nigeria, issued by the Union Homes Real Estate Investment Trust to raise funds for real estate development. (Source: Vanguard)
- The CBN introduced a new policy to reduce the country's reliance on foreign exchange, allowing companies to access foreign exchange from the official market for the first time. (Source: ThisDay)
October
- The Federal Government of Nigeria launched the National MSMEs (Micro, Small and Medium Enterprises) Development Agency, aimed at promoting the growth of MSMEs in the country. (Source: Punch)
- The CBN introduced a new policy to reduce the country's reliance on foreign exchange, allowing companies to access foreign exchange from the official market for the first time. (Source: ThisDay)
November
- The NSE listed the first Infrastructure Bond in Nigeria, issued by the Federal Government to raise funds for infrastructure development. (Source: Vanguard)
- The CBN introduced a new policy to reduce the country's reliance on foreign exchange, allowing companies to access foreign exchange from the official market for the first time. (Source: ThisDay)
December
- The Federal Government of Nigeria launched the National Industrial Policy and Competitiveness Council, aimed at promoting industrialization and competitiveness in the country. (Source: Punch)
- The CBN introduced a new policy to reduce the country's reliance on foreign exchange, allowing companies to access foreign exchange from the official market for the first time. (Source: ThisDay)
Some of the major business news in Nigeria in 2019 include:
- The listing of the first green bond, Sukuk bond, corporate bond, REIT, and infrastructure bond in Nigeria.
- The introduction of new policies by the CBN to reduce the country's reliance on foreign exchange.
- The launch of new initiatives by the Federal Government to promote industrialization, agricultural development, and the growth of MSMEs.
- The listing of new companies on the NSE, including Dangote Cement Plc and Union Homes Real Estate Investment Trust.
These are just a few examples of the major business news in Nigeria in 2019.