Our reporter/ The recent estimate of Nigeria’s foreign exchange (FX) reserves by JP Morgan was presented “out of context”, the Central Bank of Nigeria has said. The apex bank’s director…
Read More JP Morgan’s estimate of Nigeria’s net FX reserves ‘misleading’, says CBN
JP Morgan, an American multinational financial services firm, estimates that headline inflation will still remain elevated, particularly due to higher food costs in the coming months. The firm also predicted…
Read More Report: JP Morgan predicts rise in headline inflation, depreciation of the Naira in coming months
As part of its commitment to Corporate Social Responsibility (CSR), the Dangote Cement Plc, Obajana Plant, Kogi State, has commenced the training of youth in technical skills under the tutelage…
Read More Dangote inducts youth in tech skills acquisition as Ravindra says Merger of food subsidiaries will benefit stakeholders
Our reporter/ President Bola Tinubu on Friday approved the establishment of the Presidential Compressed Natural Gas Initiative (PCNGI). According to presidential spokesman, Ajuri Ngelale, the initiative would ease the impact…
Read More Tinubu approves CNG initiative, targets 11,500 gas-powered vehicles
Our reporter/ The Central Bank of Nigeria (CBN) on Friday unveiled a series of fresh operational guidelines for forex sales by Bureau de Change (BDC) operators in the country. This…
Read More Two years after ban, CBN unveils fresh guidelines for forex sale by BDCs