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Category: Business

Business Economy headline

Naira one of the worst performing currencies in Africa – World Bank

Iheanyi Ejiofor October 16, 2024 No Comments #Nara #World bank #currency #Africa

The World Bank has confirmed that the naira is among the worst-performing currencies in sub-Saharan Africa in 2024. In its regional economic outlook report ‘Africa’s Pulse,’ released recently, the World Bank said…

Read More Naira one of the worst performing currencies in Africa – World Bank
Business Economy headline

NASENI awards N70.5m grant to six female engineers under Delt-Her Initiative

Iheanyi Ejiofor October 16, 2024 No Comments #NASENI #Delt-Her Initiative

The National Agency for Science and Engineering Infrastructure (NASENI) through the Presidential Implementation Committee on Technology Transfer (PICTT) has awarded the sum of N70.5 million naira grant to six winners…

Read More NASENI awards N70.5m grant to six female engineers under Delt-Her Initiative
Business Economy headline

Nigeria’s foreign reserves rose to $39bn in October – Cardoso

Iheanyi Ejiofor October 16, 2024 No Comments #Cardoso#Foreign reserve #CBN

Our reporter/ Nigeria ’s foreign reserves rose by 12.74 per cent to $39.12 billion as of October 11, CBN Governor, Olayemi Cardoso said on Tuesday. Cardoso, who made the disclosure…

Read More Nigeria’s foreign reserves rose to $39bn in October – Cardoso
Business Economy headline

Grid collapse national shame – Peter Obi

Iheanyi Ejiofor October 15, 2024 No Comments #Grid collapse #national shame #Peter Obi

Our reporter/ The 2023 Labour Party presidential candidate, Peter Obi on Tuesday condemned the latest collapse of Nigeria’s national power grid, describing it as a “national shame”. Obi’s comment came…

Read More Grid collapse national shame – Peter Obi
Business Economy headline

Nigeria’s inflation rose to 32.70% in September 2024

Iheanyi Ejiofor October 15, 2024 No Comments #Inflation rate #NBS #Economy

Our reporter/ After consecutive drops in the month of July and August, Nigeria’s headline inflation rate for September 2024 rose to 32.70 per cent, according to the latest Consumer Price…

Read More Nigeria’s inflation rose to 32.70% in September 2024

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