Naira falls 1.02% at official market to $1
The naira on Thursday depreciated by 1.02 per cent (N4.83/$1) at the Investors and Exporters (I&E) forex window. After trading
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Economy
Nigeria’s regulatory bank refutes media report of devaluation of Naira
The Central Bank of Nigeria has refuted a recent news report published by the Daily Trust Newspaper on June 1,
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Stock market gain ₦1.51 trn in response to Tinubu’s pro-market policies
The equities market of the Nigerian Exchange Ltd. (NGX) opened trading for the week on a bullish note driven by
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Naira redesign: Tinubu promises to review CBN’s policy; old, new notes as legal tenders
Newly inaugurated President Bola Tinubu, on Monday, said his administration will revisit the naira redesign policy of the Central Bank
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Buhari inaugurates multi-billion dollars Dangote refinery; Group bankroll 70% of loan as products hit market August 2023
President Muhammadu Buhari on Monday commissioned the $18bn Dangote refinery & Petrochemicals plant at the Ibeju-Lekki area of Lagos state.
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NESG forecast $21bn crude oil market creation by Dangote Refinery
Nigerian Economic Summit Group (NESG), one of Africa’s leading think-tanks, has projected that Dangote Refinery and Petrochemical Company, set for
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Nigeria’s inflation rate rising, hits 22.22% in April
The consumer price index (CPI), which measures the rate of change in prices of goods and services, rose to 22.22
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World Bank says decision to draw down $800m loan facility rests with incoming government, reiterates fuel subsidy removal
World financial institution WB on Monday said the $800m loan facility requested by Nigeria’s government was not a fresh one,
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Dollarization of Nigeran Economy: BRICS campaigning to have international currency to challenge the dollar; What is the position of Nigeria? Flana queries
Human rights lawyer, Femi Falana, SAN, has condemned what he described as the dollarization of the Nigerian economy, adding that
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EFCC appeals as Court strikes out suit on seizure of properties, N400m linked to Bello
The Economic and Financial Crimes Commission (EFCC) has filed an appeal, challenging Wednesday’s ruling of the Federal High Court, Lagos
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