the Special Adviser to the President on Media and Publicity, stated that the concerted efforts of the Yemi Cardoso-led Central Bank of Nigeria which aimed at steadying the naira aligned with President Bola Tinubu’s “multi-faceted approach to ridding
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Nigeria is set to receive a $1.05bn syndicated loan backed by oil from the African Import Export Bank next month.
The loan is part of a larger
Dangote Cement Plc has proposed a dividend of N511.215 billion for the financial year 2023.
naira has reached its highest level against the dollar since January 2023, trading at N1,245 to the dollar at the official window. This represents the fourth straight week of gains for
naira has reached its highest level against the dollar since January 2023, trading at N1,245 to the dollar at the official window. This represents the fourth straight week of gains for
Nigeria’s FX Reserves Drop by $1.02B Amid CBN’ Naira Defence Nigeria’s foreign exchange reserves have dropped by $1.02 billion over…
Attempts by police authorities to harrass the Foundation for Investigative Journalism over its reports alleging serious smuggling abuses within the Nigerian Customs Service reflects
Nigerian National Petroleum Company Limited (NNPCL) has said efforts have been intensified at ending the current petrol shortage in Lagos and its environs.
Motorists in some parts of Lagos faced a resurgence of petrol queues on Thursday as the Nigerian National Petroleum Company Ltd (NNPC) struggled to meet national demand due to a backlog of unpaid subsidies.
The Central Bank of Nigeria (CBN) has announced historic 21% interest rate, indicating strong demand from investors.
Bears emerged in the domestic bourse as the market opened the week’s trading in the red region Tuesday with the Nigeria Exchange ( NGX) All-Share Index shed 4 basis points to close the day, reaching 104,518.14 points
By Kabir Abdulsalam A recent survey by the Pew Research Center shows a surge in social media usage around the…