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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Economics
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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Naira strengthens against dollar as forex reserves hit $35bn
Nigeria’s currency appreciated against the dollar at the parallel market on Monday as the country’s foreign exchange reserves hit the
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Nigeria’s forex reserves hit one-month high, near $35bn
Nigeria’s foreign exchange reserves have risen to the highest point in more than a month, the latest data from the
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Shoprite inches closer to exit operations in Nigeria, brand may remain
Shoprite Holdings Limited, Africa’s biggest supermarket retailer, is pushing ahead with its plan to exit Nigeria operations after over 20
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AfDB extends €145m loan to Egypt for railway upgrades
The Board of Directors of the African Development Bank has approved a loan of €145 million to finance reliability and
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