The Nigerian Ports Authority says has secured a $700m loan from Citibank for the rehabilitation of the Apapa …
News
In a bid to address the recurrent collapse of Nigeria’s power grid, the Federal Government has deployed a …
The Centre for the Promotion of Private Enterprise has said that the fluctuating exchange rate has adversely affected …
The Gas Supply and Purchase Agreement to support the Final Investment Decision for the $3.8bn Brass methanol project …
Yesterday, the Naira dropped to N1,105 per dollar on the parallel market, down from N1,100 on Tuesday. However, …
- Business News
Central Bank of Nigeria (CBN) Reduces Banks’ Loan-to-Deposit Ratio to 50%
by Harry ChomsThe Central Bank of Nigeria (CBN) has rolled out a new directive impacting all Deposit Money Banks (DMBs), …
UK Parliament members have urged the government to establish an ecosystem that cultivates the necessary skills to meet …
- Business News
CBN Governor Clarifies External Reserves Decline, Denies Naira Defense Strategy
by Harry ChomsYemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), has responded to concerns regarding the dwindling …
Apparently worried by the country’s dwindling oil revenue, the Federal Government says it has concluded plans to take …
The International Monetary Fund has reviewed upwards Nigeria’s economic growth forecast for 2024 from three per cent to …