South African President Cyril Ramaphosa announced Thursday that the BRICS club of emerging nations will admit six new members, including Saudi Arabia, UAE and Iran, at the start of next…
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Category: Business
UPDATED: Nigeria’s unemployment rate dropped to 4.1% in Q1 2023 – NBS
Our reporter/ Nigeria’s unemployment rate dropped to 4.1 percent in the first quarter (Q1) of 2023, from 5.3 percent recorded in the previous quarter, the National Bureau of Statistics (NBS)…
Read More UPDATED: Nigeria’s unemployment rate dropped to 4.1% in Q1 2023 – NBS
JP Morgan’s estimate of Nigeria’s net FX reserves ‘misleading’, says CBN
Our reporter/ The recent estimate of Nigeria’s foreign exchange (FX) reserves by JP Morgan was presented “out of context”, the Central Bank of Nigeria has said. The apex bank’s director…
Read More JP Morgan’s estimate of Nigeria’s net FX reserves ‘misleading’, says CBN
Report: JP Morgan predicts rise in headline inflation, depreciation of the Naira in coming months
JP Morgan, an American multinational financial services firm, estimates that headline inflation will still remain elevated, particularly due to higher food costs in the coming months. The firm also predicted…
Read More Report: JP Morgan predicts rise in headline inflation, depreciation of the Naira in coming months
Dangote inducts youth in tech skills acquisition as Ravindra says Merger of food subsidiaries will benefit stakeholders
As part of its commitment to Corporate Social Responsibility (CSR), the Dangote Cement Plc, Obajana Plant, Kogi State, has commenced the training of youth in technical skills under the tutelage…
Read More Dangote inducts youth in tech skills acquisition as Ravindra says Merger of food subsidiaries will benefit stakeholders