#Business Naira Payments for Crude Oil Commences in October The sale of crude oil to Dangote Refinery and other local refineries in local currency will commence on 1 October admin / 2 years Comment (0) (364)
#Business NBS: Nigeria’s Inflation Eases to 33.4% in July A newly released report by the National Bureau of Statistics (NBS) shows that Nigeria’s headline inflation rate declined to 33.40% admin / 2 years Comment (0) (317)
#Business CBN Okays Providus Bank’s Acquisition of Unity Bank The Central Bank of Nigeria (CBN) has announced its approval of a significant financial package to support the proposed merger admin / 2 years Comment (0) (362)
#Business Zenith Bank to Raise N290 Billion via Rights Issue and Public Offer Zenith Bank Plc is poised to raise N290 billion through a combination of a rights issue and a public offer, admin / 2 years Comment (0) (484)
#Business Nigeria Among Top African Nations for 5G Readiness, ITU Report Reveals The International Telecommunication Union (ITU) has ranked Nigeria highly, at 71 percent, for its legal, policy, and governance frameworks towards admin / 2 years Comment (0) (372)
#Business CBN Hikes Interest Rate to 26.75% to Combat Record Inflation The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR), which measures interest rates, by 50 basis admin / 2 years Comment (0) (308)
#Business Cardoso: Nigeria on Track for $1 Trillion Economy by 2030 Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has declared that the nation’s economy will reach $1 trillion admin / 2 years Comment (0) (431)
#Business To Stabilise Naira, CBN Greenlights Additional FX Sales to BDCs The Central Bank of Nigeria (CBN) has approved the sale of Foreign Exchange (FX) to eligible Bureau De Change (BDC) admin / 2 years Comment (0) (337)
#Business Nigeria’s Inflation Soars to 34.19% as Food Prices Climb Nigeria’s inflation rate has surged to a new high, reaching 34.19% in June 2024, according to the latest data from admin / 2 years Comment (0) (366)
#Business FG Moves to Fully Meter 187 Flow Stations, Enhance Oil Sector Transparency The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has announced that the federal government has awarded contracts admin / 2 years Comment (0) (342)