Fitch revises Nigeria’s outlook to stable, says challenges remain
A global credit rating agency, Fitch Ratings, said it had revised Nigeria’s outlook to stable from negative. It said in
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Economics
Slash salaries of political office holders, not workers’ pay, TUC tells FG
The Trade Union Congress of Nigeria has asked the Federal Government to slash the salaries of political office holders in
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Why more firms may leave Nigeria for Ghana, others – FDC
The difficulty faced by manufacturers in sourcing for foreign exchange to acquire raw materials may force more companies to leave
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Nigeria’s forex reserves extend decline, fall below $35bn
Nigeria’s foreign exchange reserves have dropped below the $35 billion mark, according to the latest data obtained by Markets Reporters
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Nigeria’s forex ban on sugar, wheat may drive up inflation: Capital Economics
The Central Bank of Nigeria’s ban on the use of foreign exchange for the importation of sugar and wheat could
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Africa’s energy transition offers $100bn investment opportunity yearly – AfDB head
The President of African Development Bank, Dr Akinwumi Adesina, has said with abundant solar, wind, hydro and geothermal energy resources,
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Nigeria’s forex reserves resume decline after $830m gain
Nigeria’s foreign exchange reserves have started declining after gaining $830 million in nearly a month. The forex reserves had risen
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Why we reported BUA to FG – Dangote Sugar Refinery
Dangote Sugar Refinery Plc has said it reported BUA Sugar Refinery Limited to the Federal Government because the company’s activities
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World Bank pledges to replenish IDA fund early to help poorest countries
The World Bank said on Thursday that it had launched an early twentieth replenishment process of the International Development Association,
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Soaring inflation rate may force CBN to raise interest rate – FDC
An inflation rate of more than 18 percent could prompt the Central Bank of Nigeria to adopt a tighter monetary
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