Naira Declines 18% Amid Soaring Dollar Demand
Naira Depreciates as Dollar Supply Dries Up in Nigeria The Nigerian naira has taken a hit as the country’s official […]
African Business News
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Dangote Refinery Denies ₦600/Litre Petrol Price Report
Dangote Refinery Denies reports of ₦600 per Litre Petrol Price In a statement issued on Tuesday, the management of Dangote
MTN Foundation Empowers Young Nigerian Musicians with 2024 Scholarship Programme
MTN Foundation Unveils 2024 Musical Society of Nigeria Scholarship Programme The MTN Foundation has announced its resolve to develop musical
Naira Slumps vs Dollar at Official Market, Rises on Black Market
Naira Depreciates against Dollar, Closes Week on a Down Note In a surprising turn of events, the Nigerian naira recorded
Poland Secures $10B Apache Helicopter Deal, Boosts Military Capabilities
Poland Secures Multi-Billion Dollar Deal for Apache Helicopters In a massive deal, Poland has signed a contract to purchase 96
CBN Verifies Barbican’s FBN Holdings Shares, Finds Only 8.67% Ownership
Central Bank of Nigeria Disputes Investment Firm’s Claim on FBN Holdings Shareholding The Central Bank of Nigeria (CBN) has released
US and Nigeria Inflation Figures to be Released: A Sign of Economic Recovery or Further Struggle?
Inflation Figures for July 2024 to be Released by US and Nigeria The United States and Nigeria are set to
Fitch Downgrades Israel to A Following Ongoing Gaza Conflict
Israel’s Credit Rating Downgraded Amid Ongoing Conflict with Hamas In a warning that its ongoing conflict with Hamas in Gaza
African Business News
Nigeria’s July Crude Oil Production Hits 1.307 Million Barrels Daily Despite Challenges
Nigeria’s Crude Oil Production Sees Slight Uptick in July Nigeria’s crude oil production has experienced a modest increase in July,
Nigeria Loses Estimated N500 Billion to Destruction during Hunger Protests
Nigeria’s Economy Hit with Estimated N500 Billion Loss Due to Hunger Protests Nigeria’s Minister of Industry, Trade and Investment, Dr.
African Business News
NDIC Pays 82.36% of Heritage Bank Customers, Emphasizes Prompt Reimbursement
Heritage Bank Customers Receive 82.36% of Insured Deposits In a significant milestone, the Nigeria Deposit Insurance Corporation (NDIC) has paid
African Business News
SADCOPAC Urged to Monitor Public Funds, Ensure Value for Money
Zimbabwe’s Parliament Speaker Urges Vigilance in Public Funds Management In a stern warning, Jacob Mudenda, the Speaker of Zimbabwe’s Parliament,