Business
Demand for Nigeria’s One-Year Treasury Bills Drops Despite CBN’s Yield Hike
Liquidity scarcity impact Nigeria’s one-year treasury bill demand has dropped to its lowest level in 2024 despite rising yields.
21 March 2025
Business
Business
Dangote Cement Appoints Dr. Gbenga Fapohunda as Group Financial Officer
Dangote Cement appoints Financial Expert Dr. Gbenga Fapohunda as its Group Financial Officer, highlighting his extensive financial expertise
20 March 2025
Business
Naira Depreciates Following Pipeline Explosion And Political Crisis In Rivers State
Naira has seen depreciation following the Trans-Niger Pipeline (TNP) explosion and the political tensions in Rivers State.
19 March 2025
Business
Nigeria, Brazil Seal $1.1 Billion Green Imperative Project to Boost Agriculture
Nigeria and Brazil have signed the $1.1 billion Green Imperative Project (GIP) to enhance food security, boost agricultural productivity
18 March 2025
Business
ECA Calls for Strengthening of African Multilateral Development Banks
Economic Commission for Africa (ECA) urges reforms to strengthen African multilateral development banks (MDBs) to boost long-term resource mobilization
17 March 2025
Business
Renaissance Completes Deal to Acquire Shell Assets for $2.4 Billion
Renaissance completes deal to buy-off of Shell Assets in Nigeria following delayed approval from the Federal Government.
14 March 2025
Business
CBN Interest Rate Hike Squeezes Nigerian Consumer Goods Companies
Nigerian consumer goods companies are struggling as CBN’s interest rate hike drive borrowing costs to record highs.
13 March 2025
Business
MTN & Airtel Boost Network Investments Despite Tariff Hike
MTN and Airtel ramp up investments to meet soaring data demand, with plans to expand network infrastructure after a 50% tariff hike.
12 March 2025
Business
Finance Minister Wale Edun Sets 7% GDP Growth Target for Nigeria
Nigeria’s Finance Minister, Wale Edun, aims for a 7% GDP growth rate, surpassing the projected 4.6% for 2025
11 March 2025
Business
MAN Rejects FRCN’s New Levies, Calls for Suspension
Manufacturers Association of Nigeria (MAN) has rejected new levies imposed by the Financial Reporting Council of Nigeria (FRCN)
10 March 2025
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