United Capital endorses CBN’s stakeholder partnership
Asset management company, United Capital Group, has stated that it supports the Central Bank of Nigeria’s decision to work with stakeholders on upcoming…
News
Naira depreciation: PZ Cussons reports £88.2m FX loss, slashes dividends
Naira depreciation: PZ Cussons reports £88.2m FX loss, slashes dividends PZ Cussons recorded an FX loss of £88.2 million for the six…
NCC, states partners to cut double taxing, ROW fees
The Right of Way fees and other various taxes that endanger the nation’s telecommunications operations and investments will be removed, according to the…
Nigerians studying abroad responsible for increase in exchange rate – CBN gov
The governor of the Central Bank of Nigeria has stated that Nigerians students studying abroad are the reason for the increase in…
Seven Nigerian states to face food crisis in 2024 — W’Bank
Borno, Adamawa, Kaduna, Katsina, Yobe, Sokoto, and Zamfara states are the ones the world bank spoke about. According to the World Bank’s…
IMF Projects Nigeria’s inflation rate to drop to 15.5% in 2025
Nigeria’s inflation rate is expected to drop to 15.5 per cent in 2025 and 23 per cent in 2024, according to the…
Senate moves to increase Custom’s 2024 revenue target
In order to avoid more borrowing for the nation, the Nigerian Senate has notified the Nigeria Customs Service that the agency’s N5.079…
6000 brands receive certification from SON
The Standards Organisation of Nigeria has demonstrated its dedication to maintaining quality standards in the nation by successfully certifying an astounding 6000…
Tesla capitalization: Musk’s wealth drops $30bn in 2024
By Alex Omenye The year 2024 has not been favorable for billionaire Elon Musk, as his net worth takes a hit following…
Pharmaceutical companies support local production with N600bn intervention fund
A N600 billion Pharmaceutical Manufacturing Development Fund, with a five percent interest rate for a minimum seven to ten-year duration, is being…
Finance Corporation invests $2bn in Nigeria – Official
Finance Corporation invests $2bn in Nigeria – Official The International Finance Corporation made $2 billion in investments in Nigeria, distributed among several…
Why importers abandon cargoes in Nigerian ports
By Christian George Some importers have abandoned their cargoes in the Nigerian ports following the incessant review of the nation’s exchange rate…