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Category: Business

BPP DG Advocates for Entrenchment of Integrity, Global Standard in Procurement Process
BusinessFinanceNews

BPP DG Advocates for Entrenchment of Integrity, Global Standard in Procurement Process

NEWS BAR NGNovember 7, 2023November 7, 2023

By Bukola Afeni The Director General (DG) Bureau of Public Procurement (BPP), Mamma Ahmadu, has urged the participants of 2023…

Fitch: Nigeria’s Credit Rating Stable, Predicts Inflation at Below 21%
BusinessNews

Fitch: Nigeria’s Credit Rating Stable, Predicts Inflation at Below 21%

NEWS BAR NGNovember 6, 2023

  *Forecasts oil production to reach 1.8m bpd by 2024    *Cardoso vows to change central banking narrative   *Declares…

Naira Continues Recovery, Strengthens to N950/$ at Parallel Market
BusinessNews

Naira Continues Recovery, Strengthens to N950/$ at Parallel Market

NEWS BAR NGNovember 4, 2023November 4, 2023

  *Traders with dollars acquired at very high rates incur heavy losses The Naira continued its rebound against the United…

CBN Moves to Restore Investor Confidence, Begins Clearance of FX Forward Backlogs
BusinessNews

CBN Moves to Restore Investor Confidence, Begins Clearance of FX Forward Backlogs

NEWS BAR NGNovember 3, 2023November 3, 2023

  *Targets to settle outstanding forward contracts next week  *Naira appreciates to N1,125/$ on parallel market *Allays fears of currency…

House to Probe Money Spent on Postponed 2023 Population, Housing Census by NPC  ….Urges Tinubu to declare date for population, housing census exercises
BusinessNews

House to Probe Money Spent on Postponed 2023 Population, Housing Census by NPC ….Urges Tinubu to declare date for population, housing census exercises

NEWS BAR NGNovember 2, 2023

  The House of Representatives has mandated its Committee on Population to investigate the money expended on the postponed 2023…

FG set to introduce new foreign exchange rules
BusinessNews

FG set to introduce new foreign exchange rules

NEWS BAR NGNovember 1, 2023

Wunmi Semudara The Federal Government is set to introduce new foreign exchange rules, including a crackdown on illicit currency trading.…

Zenith Bank Caps Stellar Q3 2023 Performance with Triple-digit Growth
BusinessFinanceNews

Zenith Bank Caps Stellar Q3 2023 Performance with Triple-digit Growth

NEWS BAR NGNovember 1, 2023

Zenith Bank Plc has announced its unaudited results for the third quarter (Q3) ended September 30, 2023, recording a remarkable…

MTN Nigeria Communications Declares N147.36bn Profit in Nine Months
BusinessNews

MTN Nigeria Communications Declares N147.36bn Profit in Nine Months

NEWS BAR NGOctober 31, 2023

MTN Nigeria Communications Plc, yesterday released its unaudited nine months result and accounts for the period ended September 30, 2023…

Importers return to parallel market as naira rebounds
BusinessNews

Importers return to parallel market as naira rebounds

NEWS BAR NGOctober 30, 2023

Importers have returned to the parallel market to source for their forex needs as liquidity challenges persist in the official…

Obasanjo: Nigeria Can Overcome Forex Crisis by Exploring Non-oil Exports
BusinessFinanceNews

Obasanjo: Nigeria Can Overcome Forex Crisis by Exploring Non-oil Exports

NEWS BAR NGOctober 23, 2023

Former President Olusegun Obasanjo, at the weekend, stated that Nigeria could overcome its foreign exchange (forex) crisis and dwindling value…

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