Despite the United States Federal Reserve raising interest rates for the fourth time this year, Brent crude gained …
Economic News
Transnational Corporation of Nigeria (Transcorp) Plc has released its third-quarter results for the fiscal year ending September 30, …
- Economic News
Inflation: Dangote, BUA Cement spent N263 billion on fuel, power in nine months
by Harry ChomsDuring the nine months ending September 30, 2022, Dangote Cement Plc and BUA Cement Plc spent a whopping …
- Economic News
NIBSS: Mobile transfers by bank customers hit N12.8 trillion in 9 months
by Harry ChomsAccording to the Nigeria Inter-Bank Settlement System (NIBSS), bank customers in Nigeria transferred a total of N12.8 trillion …
- Economic News
Badagry Deep SeaPort to generate $53 billion, create 250,000 jobs – Sanwo-Olu
by Harry ChomsAccording to Lagos State Governor Babajide Sanwo-Olu, the $2.9 billion Badagry Deep Seaport is expected to generate more …
- Economic News
Nigeria- Egypt trade now $141 million a year as Trade Conference begins today
by Harry ChomsNigeria and Egypt’s current annual trade volume has risen to $141 million, as both countries prepare to host …
- NewsEconomic News
Shelter Afrique approves a USD19.5 million financing for a Nigerian company for affordable housing
by Gift AdeneMixta Real Estate PLC, a real estate company with offices in Lagos, has been given a USD19.5 million …
In the nine months leading up to September 2022 (9M’22), the amount of dollars exchanged in the Investors …
The execution of foreign exchange reforms to regain the confidence of investors in the economy is a prerequisite …
Nigeria’s foreign reserves fell by $2.202 billion to $38.318 billion on September 29, 2022, from $40.520 billion on …