Saudi Arabia to Invest $25 billion in Africa as Nigeria Sees ‘Immediate’ Inflows
Saudi Arabia will invest about $25 billion in Africa by the end of the decade...
Finance & Economy
We Are Not Responsible for Hike in Gas Price, says NLNG GM
The Nigeria Liquefied Natural Gas Limited (NLNG), says the company has not increased the price...
CBN Warns Against Panic Withdrawals, Says Old Naira Notes Remain Legal Tender
The Central Bank of Nigeria (CBN) has again assured Nigerians of sufficient naira notes in the country,...
DMO Opens November Offer for FGN, Savings Bonds
The Debt Management Office (DMO) has opened offers for the November auction of the Federal...
Cardoso Restates Commitment to Price Stability, Others
The Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, has reiterated that...
Fitch Raises Concerns over $10bn Forex Loan, Affirms Nigeria’s Credit Rating to Stable
Fitch Ratings has affirmed Nigeria’s long-term foreign currency credit default outlook at B- citing recent...
How Harmonization of FX Rate Making Foreign Stocks Expensive
Following the free fall of the Nigeria currency, Naira, arising from the harmonization of exchange...
Tinubu Seeks National Assembly’s Approval to Borrow $7 billion, €100 Million
President Bola Tinubu is seeking the approval of the National Assembly to go ahead with the...
FEC Approves N2.1trn Supplementary Budget for 2023
The Federal Executive Council (FEC), on Monday, approved the sum of N2.1 trillion as supplementary...
Average Price of Rice Soars by 60.59% in One Year-NBS
The National Bureau of Statistics (NBS) has said the average price of 1kg of loose...
