UBA, Saudi EXIM Bank Partner to Enhance Business Relations, Exports
The United Bank for Africa (UBA) Plc and Saudi Export-Import Bank (Saudi EXIM) have announced a partnership aimed at strengthening…
Category: Business
Naira crashes to 1,030/$ as speculators react
The naira crashed against the dollar on Monday, falling to 1, 030/$ on the average in the parallel market, losing…
$5bn Train-7 NLNG Project Reaches 52% Completion Level
•Company says project now employs 8,300 persons •Decries waning feedstock availability on rising sabotage •Avuru: Nigeria needs about $7.6bn…
BPP DG Advocates for Entrenchment of Integrity, Global Standard in Procurement Process
By Bukola Afeni The Director General (DG) Bureau of Public Procurement (BPP), Mamma Ahmadu, has urged the participants of 2023…
Fitch: Nigeria’s Credit Rating Stable, Predicts Inflation at Below 21%
*Forecasts oil production to reach 1.8m bpd by 2024 *Cardoso vows to change central banking narrative *Declares…
Naira Continues Recovery, Strengthens to N950/$ at Parallel Market
*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
*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
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
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
Zenith Bank Plc has announced its unaudited results for the third quarter (Q3) ended September 30, 2023, recording a remarkable…