Federal Government is looking forward to receiving around $2.2 billion single-digit interest loan from the World bank and another
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CBN) has announced the formation of a “Remittance Task Force,” a specialized team dedicated to overseeing remittances and ensuring their smooth operation.
International Monetary Fund (IMF) has recently revised its economic growth forecast for Nigeria, increasing it from 3.0% to 3.3% for 2024. The upward adjustment was announced in the IMF’s latest World Economic Outlook, which was released during the Spring Meetings of the World Bank and IMF in Washington, United States.
Wale Edun, revealed a disturbing trend in Nigeria’s economic landscape: Foreign Direct Investment (FDI) into the country has plummeted by a staggering $19 billion over the past decade,
turbulent ride of the naira dealt a harsh blow to Nigeria’s pharmaceutical sector in 2023, as four listed firms on the Nigerian Stock Exchange collectively suffered N8.31bn in foreign exchange losses.
Federal Government under President Bola Tinubu is targeting over 25,000 job creation and $2.5bn worth of investment from the Compressed…
2023
Saudi Arabia has surpassed its 2030 tourism goals with record-breaking figures for 2023.
FIRS), Mr Zacch Adedeji, said that the organisation witnessed unprecedented progress in revenue collection, culminating in a remarkable achievement of N12.3 trillion in 2023.
The Nigerian Naira continues its upward trend, maintaining a solid position at N142 to a dollar on the official FX market.
Naira Gains on the Black Market, Sells at N1,150/$1 The value of the naira has strengthen at the parallel market…
ABCON) has expressed its support for the Central Bank of Nigeria (CBN)’s recent directive to cease the use of non-oil export domiciliary accounts as collateral for Naira loans.
Musk’s internet service company, Starlink, has slashed the price of its hardware by 45% in Nigeria. The Starlink internet router,…