Nigeria’s inflation dropped to 16.25 percent in May from 17.24 percent in April, according to the ”Consumer Price Index” for the month of May released by the National Burea of…
Read More Nigeria’s inflation rate drops again – NBS
Category: Business
Nigeria’s newest airline prepares for take off
Nigeria’s aviation industry has suffered a prolonged spell of violent turbulence. The nation’s leading carrier was recently taken over by the government to prevent it collapsing. A crumbling runway closed…
Read More Nigeria’s newest airline prepares for take off
Naira lifted Again As CBN Injects $418m
…Investors/Exports Segment Hits $2.2BN The Naira is set to be given further lift in the forex market with CBN’s injection of another $418 million into various segments of the Interbank…
Read More Naira lifted Again As CBN Injects $418m
CBN boosts FOREX market with $413.5m
The Central Bank of Nigeria (CBN) has intervened in the Interbank Foreign Exchange market to the tune of $413.5 million, further underscoring its resolve to guarantee liquidity in the market…
Read More CBN boosts FOREX market with $413.5m
We did not concession any refinery to Oando and Agip- Kachikwu
The minister of state for Petroleum, Dr. Ibe Kachikwu on Thursday said that Nigeria needs about $1.2bn to repair the three refineries owned by the Nigeria National Petroleum Corporation, NNPC and…
Read More We did not concession any refinery to Oando and Agip- Kachikwu