The country’s inflation rate is now at 28.9 %, according to figures from the National Bureau of Statistics (NBS). This was disclosed in the NBS December 2023 Consumer Price Index…
Read More Nigeria’s inflation rate hits 28.9%
Category: Economy
NOVA Merchant Bank announces major increase in staff salaries, commences 2024 graduate trainee program
NOVA Merchant Bank Limited, a leading merchant bank in Nigeria, has announced a substantial increase in staff salaries, effective November 1, 2023. The increase in salary by up to 50%…
Read More NOVA Merchant Bank announces major increase in staff salaries, commences 2024 graduate trainee program
Afreximbank, UBA announce an initial disbursement of US$2.25bn under a syndicated US$3.3bn crude oil prepayment facility sponsored by NNPCL
Landmark financing is largest syndicated loan ever raised by Nigeria in the international market and one of the largest syndicated transactions in Africa in recent years. Facility will support Nigeria’s…
Read More Afreximbank, UBA announce an initial disbursement of US$2.25bn under a syndicated US$3.3bn crude oil prepayment facility sponsored by NNPCL
Dangote petroleum refinery starts production
Dangote Petroleum Refinery has commenced production of diesel and aviation fuel. President of Dangote Group, Alhaji Aliko Dangote, elatedly thanked President Bola Ahmed Tinubu for his support, encouragement, and thoughtful…
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Gov Otti says Abia serious-minded about partnerships on investment as Indonesia seeks collaboration
Abia State Governor, Dr. Alex Otti, OFR, says Abia is open and serious-minded about partnering willing countries and organisations that can assist in the economic development of the State. Governor…
Read More Gov Otti says Abia serious-minded about partnerships on investment as Indonesia seeks collaboration