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Author: Iheanyi Ejiofor

Business Economy headline

$23 billion net foreign exchange reserve expected to stabilise exchange rate

Iheanyi Ejiofor April 7, 2025 No Comments #Foreign exchange #Foreign reserve

A financial expert, Uche Uwaleke, says the current size of Net Foreign Exchange Reserves at $23.11 billion will positively impact the value of the naira. Mr Uwaleke, a professor of Capital…

Read More $23 billion net foreign exchange reserve expected to stabilise exchange rate
Business Economy headline

EcoBank asks Court to restrain Otudeko’s Son and others from selling 6.3 billion shares 

Iheanyi Ejiofor April 5, 2025 No Comments #Ecobank #Otudeko

EcoBank Plc has asked the Federal High Court in Lagos to temporarily restrain Otudeko Obafemi Adedamola, the son of Oba Otudeko, and others, including the Corporate Affairs Commission (CAC), from…

Read More EcoBank asks Court to restrain Otudeko’s Son and others from selling 6.3 billion shares 
News

Julius Berger rejigging infrastructural development in Rivers state

Iheanyi Ejiofor April 4, 2025 No Comments #Julius Berger #infastructural development #Rivers state

From the Ring Road through Emohua, Tema, Abalama to Abonnema Infrastructure development across Rivers State is gaining momentum as key road and bridge projects move forward with pace, transforming access…

Read More Julius Berger rejigging infrastructural development in Rivers state
Business Economy headline

Ojulari takes over from Kyari at NNPC

Iheanyi Ejiofor April 4, 2025 No Comments #Ojulari #NNPC

The new Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd), Bayo Ojulari, has officially taken over the reins of the company from his predecessor, Mr.…

Read More Ojulari takes over from Kyari at NNPC
Business Economy headline

U.S. tariffs pose significant threat to Nigeria’s economy, others, IMF warns

Iheanyi Ejiofor April 4, 2025 No Comments #IMF #Trump tariffs

International Monetary Fund’s managing director, Kristalina Georgieva, has expressed concerns over new U.S. tariffs, calling them a major risk to the global economy amid ongoing economic sluggishness. She expressed the…

Read More U.S. tariffs pose significant threat to Nigeria’s economy, others, IMF warns

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