Nigeria at risk of ‘future debt servicing challenges’, CBN warns
The Monetary Policy Committee of the Central Bank of Nigeria has said the Federal Government’s recurrent expenditure remained relatively high
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96 firms jostle to rehabilitate NNPC depots, pipelines
A total of 96 companies from various jurisdictions have indicated an interest in undertaking the rehabilitation of the Nigerian National
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Naira falls to 475/$1 as dollar shortage persists
The naira fell to 475 against the dollar at the parallel market on Monday, paring some of its recent gains,
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Dangote Cement buys back 40.2 million shares for N9.77bn
Dangote Cement Plc has bought back 40.2 million of its shares for N9.77 billion at an average price of N243.0218.
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Nigeria’s economy shrank by 4.1% in 2020 – World Bank
Nigeria’s economy is estimated to have contracted 4.1 percent in 2020, as the effects of the pandemic impacted economic activity
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Nigerian stocks suffer 117% rise in monthly foreign outflows
Nigerian stocks recorded their biggest foreign outflow in seven months in October as the COVID-19 pandemic continued to take a
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Diaspora remittances: Audit IMTOs’ accounts properly, CBN orders banks
The Central Bank of Nigeria said on Friday that Deposit Money Banks must ensure that proper audit of International Money
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Nigerian stocks rise 7.46%, market cap crosses N19tn
Investors in the stock market gained N1.34 trillion this week as the Nigerian Stock Exchange All-Share Index and market capitalisation
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[BREAKING] Nigeria reopens borders after 16-month closure
President Muhammadu Buhari has directed the immediate reopening of the country’s land borders, after nearly 16 months of closure. This
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Border closure: Congo overtakes Nigeria in intra-African trade
The Democratic Republic of Congo has overtaken Nigeria, Africa’s biggest economy, to become the second-largest intra-African trade economy, a new
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