Dangote Refinery Can Save Nigeria $10bn in FX, Generate Another $10bn in Exports – Aliko Dangote
Africa’s richest man and owner of the Dangote Refinery, Mr. Aliko Dangote, has said with the planned commencement of the…
CBN to utilise about N500bn in millions of dormant bank accounts
The Central Bank of Nigeria (CBN) has issued new guidelines to commercial banks on the operations of dormant accounts which…
[UPDATED] World Bank projects 3.2% growth in Nigeria’s Economy in 2023
The International Monetary Fund (IMF) has retained its growth forecast of 3.2 percent for Nigeria’s economy in 2023. The IMF,…
Those pushing for subsidy removal in Nigeria are out to set the country on fire -NLC warns govt
The Nigeria Labour Congress, NLC, has warned that those pushing for subsidy removal in Nigeria are out to set the…
Naira appreciates against dollar across different Forex segments
The Naira appreciated against the United States Dollar across the main segments of the foreign exchange (forex) market, the Peer-2-Peer…
Nigeria’s Public Debt Grow by 4.96%, Hits N46.25trn In Q4 2022 – NBS
Nigeria’s public debt stock which includes external and domestic debt hit a new mark of N46.25 trillion in Q4 2022…
Dangote Industries Lists N200bn Bonds On Nigerian Exchange
Dangote Industries Limited, yesterday listed N200 billion series 1 and 2 Bonds on Nigerian Exchange (NGX) Limited. At the Closing…
In first rebrand after 14 years, Pepsi unveils new logo
Pepsi unveiled a new logo on Tuesday, which appears to take inspiration from its 1990s design amid a surging nostalgia…
CBN Directs Banks To Open On Saturday, Sunday; Confirms Evacuation of Bank Notes to Banks
The Central Bank of Nigeria (CBN) has confirmed the evacuation of banknotes from its vaults to commercial banks across the…
Despite Cash Scarcity, Inflation Rate Rises To 21.91% – NBS
The National Bureau of Statistics (NBS) says the country’s headline inflation rate rose to 21.91 percent in February 2023 compared…
Naira Redesign: Commercial Banks Resume Issuance of Old N500, N1000 Notes
Naira Redesign: Commercial Banks Resume Issuance of Old N500, N1000 Note Some commercial banks in Nigeria on Monday resumed the…
CLARIFICATION: We didn’t ask banks to collect old N500, N1,000 notes — CBN
The Central Bank of Nigeria, CBN, has said it did not direct banks to collect the old N500 and N1,000,…
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Akwa Ibom Governor, Eno Receives Ibiono Ibom House Member Back To PDP
…our governor’s exemplary leadership inspired my return – Hon. Essien Akwa Ibom State Governor, Pastor Umo Eno, has described the…
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