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Category: Economy

Business Economy headline

Naira among 10 worst performing currencies globally – Report

Iheanyi Ejiofor September 21, 2024 No Comments #currency#globalnaira

Nigeria’s local currency, the naira, is among the 10 worst-performing currencies in the world. According to a report by Bloomberg, out of the 10 worst-performing currencies, five are from Africa, including the…

Read More Naira among 10 worst performing currencies globally – Report
Business Economy headline

CBN clarifies controversy over policy document

Iheanyi Ejiofor September 20, 2024 No Comments #CBN#controversy#document#policy

The Central Bank of Nigeria on Friday made some clarifications regarding the Monetary, Credit, Foreign Trade, And Exchange Policy Guidelines For Fiscal Years 2024 – 2025 document published on Tuesday,…

Read More CBN clarifies controversy over policy document
Business Economy headline

NNPC Ltd moves to revive Brass, OK LNG projects

Iheanyi Ejiofor September 20, 2024 No Comments #Brass#LNG#NNPC#OK#Projects

In its continued bid to maximise the nation’s abundant gas resources for economic development and prosperity, NNPC Ltd has begun discussions with investors towards bringing back two Liquefied Natural Gas…

Read More NNPC Ltd moves to revive Brass, OK LNG projects
Business Economy headline

Total Energies, AA. Rano, 11 plc, others pay N766 to lift Dangote petrol

Iheanyi Ejiofor September 20, 2024 No Comments #Dangote refinery#Petrol

Total Energies, AA Rano, 11 plc and other marketers have begun lifting Dangote Petrol through Nigerian National Company (NNPC) Trading Limited for N765.99 to retail outlets nationwide. According to BusinessDay…

Read More Total Energies, AA. Rano, 11 plc, others pay N766 to lift Dangote petrol
Business Economy headline

World Bank to approve another $1.5bn loan to Nigeria

Iheanyi Ejiofor September 19, 2024 No Comments #BPE#World Bank

Nigeria is expected to receive a new loan from the World Bank, totalling $1.5 billion. According to the Washington-based financial institution’s project list, the loan is set to be approved…

Read More World Bank to approve another $1.5bn loan to Nigeria

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