Economic experts have emphasized the importance of resolving currency issues in Nigeria and Kenya in order to attract foreign investors. Simon Kitchen, Head of Strategy and Research at EFGs, revealed...
Read moreDetailsThe Federal Government has initiated plans to introduce O.5 per cent levy on imported goods to raise funds to meet its obligations to the African Development Bank, the World Bank...
Read moreDetailsThe World Bank has said that it would cost Nigeria N3.7tn to eliminate poverty, which has been on the rise in the country. The financial institution stated this in its...
Read moreDetailsIn compliance with the amendment of the Companies and Allied Matters Act (CAMA 2020), signed into Law by President Muhammadu Buhari, recently, Caverton Offshore Support Group Plc, has deleted about...
Read moreDetailsThe Federal Government has disclosed that the value of agricultural products exported from Nigeria to the United States in 2020 was $63m. The Minister of Industry, Trade and Investment, Adeniyi...
Read moreDetailsNigeria needs to ramp up productivity to take 133 million out of poverty, a new report from Stears Business has stated. The report titled “How to fix Nigeria’s growth problem”...
Read moreDetailsThe price of cooking gas has skyrocketed by 232 per cent to N10,625 for 12.5kg between 2015 and 2022. The price of cooking gas also called Liquefied Petroleum Gas has...
Read moreDetailsFEDA, a subsidiary of Afreximbank, announced that it had received internal approval to acquire a strategic minority stake in Geregu Power Plc. According to a press release obtained by Naijaonpoint,...
Read moreDetailsWorld Bank has approved $311m to increase grid-connected renewable energy capacity for West Africa in International Development Association financing. It noted that existing and prospective electricity in Chad, Liberia, Sierra...
Read moreDetailsWith a Commercial Paper (CP) market value of N3.25 trillion as of November 30, 2022, FMDQ Securities Exchange Limited (FMDQ Exchange) yesterday announced the admission of the quotation of the...
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