CBN orders banks to pay new naira notes over the counter
The Central Bank of Nigeria (CBN) has directed deposit money banks to commence the payment of the redesigned naira notes
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Read moreGeregu Power posts 50% profit decline on gas shortage
Geregu Power Plc, one of the electricity generation companies in Nigeria, reported a profit after tax of N10.17 billion for
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Shell expects NLNG’s Train 7 to start operations in 2025
Royal Dutch Shell Plc has said it expects the Train 7 project of Nigeria LNG Limited to come on stream
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Dangote Cement, Seplat take hit from Nigeria’s rating downgrade
Moody’s Investors Service has downgraded the ratings of Dangote Cement Plc and Seplat Energy Plc to Caa1 from B3 after
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Ecobank named best place to work in Africa
Ecobank Group announced on Monday that it has won the ‘Best Place to Work in Africa 2022 Award’ from the
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Old naira: 10-day extension “grossly inadequate”, says CPPE
The extension of the deadline for the expiration of old naira notes to February 10, 2023 is “grossly inadequate,” the
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Moody’s downgrades Nigeria deeper into junk territory
Moody’s Investors Service has downgraded Nigeria’s credit ratings further into the speculative or “junk” territory, citing concern the government’s fiscal
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Norwegian firm seeks to sell stake in Nigerian oilfield
Norway’s Equinor has launched the sale of its stake in an offshore Nigerian oilfield, joining a retreat by Western energy
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‘Further disruptions likely in Nigeria no matter who wins election’
Africa’s biggest economy is likely to face further disruptions this year no matter who wins February’s presidential election, Capital Economics
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