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Category: Business
Tinubu’s advisors outline to-do list for $1 trillion economy
With a roadmap in place, the Policy Advisory Council of the new administration of President Bola Tinubu has put forward an ambitious proposal to propel…
KPMG Nigeria: FX rate Reportedly range between N650/$ to N750/$
KPMG Nigeria, a professional service company has projected that the FX rate in Nigeria will range between N650/$ to N750/$ following the floating of the…
Nigeria’s multi-billion dollar sorghum market attracts global brewers
Douala, Cameroon|| Nigeria has an opportunity to profit from the multi-billion dollar sorghum market as global beer makers are canvassing the increased use of sorghum…
Exchange Rates: Naira depreciates against dollar by 29% to #664.04/$1 at I&E Window
This comes after the central bank had allowed commercial banks and dealers to sell forex at market-determined rates. The naira plunged to a record low…
Stocks market gain N992bn after Nigeria floats Naira
Shares of Nigeria’s listed banks and other value counters like International Breweries, Seplat, and Dangote Sugar Refinery continued on Wednesday to lead the bull race…
Nigeria Central Bank Allows dealers, banks to sell forex are market rates
The Central Bank of Nigeria has given commercial banks and forex market dealers permission to freely sell forex at market-determined rates, aligning with President Bola…
Nigeria reportedly floats naira as I&E rate hits N755/$
Nigeria has officially floated its naira currency after years of sticking with a hard peg that spooked investors and drained dollars from the economy. Sources…
Shonubi: Meet mechanical engineer who took over from Emefiele at CBN
Shonubi became the acting CBN governor following the immediate suspension of Emefiele on Friday night by President Tinubu. Folashodun Adebisi Shonubi has been announced as…
BREAKING NEWS: DSS arrests Godwin Emefiel
The suspended Governor of Central Bank of Nigeria, Godwin Emefiele, has been arrested by DSS. Details later.
Marketers Convert 800 Petrol Tankers to Gas Supply
Oil marketers are currently converting some of their trucks to start supplying gas to filling stations in order to dispense Compressed Natural Gas to vehicles…