Our reporter/ The Central Bank of Nigeria (CBN) has projected that Nigeria’s external reserves could reduce slightly in 2024. This was disclosed in the recently released maiden edition of its…
Read More Nigeria’s external reserves to reduce slightly in 2024 – CBNCategory: Economy
Nigeria fines Meta $220 million for violating consumer, data laws
Our reporter/ Nigeria on Friday fined Meta Platforms (META.O) $220 million after investigations showed data-sharing on its Facebook and WhatsApp platforms violated local consumer, data protection and privacy laws. The…
Read More Nigeria fines Meta $220 million for violating consumer, data lawsDangote Refinery producing inferior petroleum products – NMDPRA
Our reporter/ The quality of petroleum products from the Dangote refinery, as well as those from Watersmith, Aradel, and other modular refineries, is inferior compared to imported ones, Nigerian Midstream…
Read More Dangote Refinery producing inferior petroleum products – NMDPRADangote commends NUPRC for publishing domestic crude supply obligation guidelines
..Says local price will continue to increase because Trading arms offer cargoes at $2-$4 per barrel, above NUPRC official price …Insists IOCs are frustrating its crude supply demands The…
Read More Dangote commends NUPRC for publishing domestic crude supply obligation guidelinesIMF slashes Nigeria’s economic growth forecast
Our reporter/ The International Monetary Fund (IMF) has cut its forecast for Nigeria’s economic growth in 2024 to 3.1 per cent. The downgrade is contained in a newly released report…
Read More IMF slashes Nigeria’s economic growth forecast
