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 – ReportCategory: Economy
CBN clarifies controversy over policy document
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 documentNNPC Ltd moves to revive Brass, OK LNG 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 projectsTotal Energies, AA. Rano, 11 plc, others pay N766 to lift Dangote 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 petrolWorld Bank to approve another $1.5bn loan to Nigeria
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
