Nigeria’s central bank still lacks the foreign exchange to clear the backlog of demand, and the country’s high interest payment to revenue ratio weighs on its sovereign credit rating, according…
Read More Nigeria’s central bank cannot clear forex backlog – Fitch
Abuja Electricity Distribution Plc (AEDC), on Thursday, 18th January, 2023, consolidated its lead in the provision of integrated power solutions with the signing of a tripartite agreement with Daystar Power…
Read More AEDC signs Landmark deal to deliver uninterrupted power solution in Abuja
Abia State Governor, Dr. Alex Otti, OFR, has announced the constitution of the Abia Global Economic Advisory Council (AGEAC) as part of his administration’s strategic plan to ensure the overall…
Read More Abia inaugurates global economic advisory council
Our reporter/ The Central Bank of Nigeria (CBN) on Wednesday said an independent forensic review of the foreign exchange (FX) backlog revealed “grave infractions, gross abuse and noncompliance” with market…
Read More CBN uncovers gross abuse in FX market regulations, to punish offenders
Our reporter/ The Nigerian Communications Commission (NCC) has put on hold the phased disconnection of Globacom for a period of 21 (twenty-one) days from today, 17 January, 2024. In a…
Read More NCC puts on hold phased disconnection of Glo customers by MTN