Increased FX turnover fails to lift naira, FMDQ data show
The naira weakened against the dollar this week despite the increase in the turnover in the foreign exchange market, data
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Naira redesign may weigh on economic activity – World Bank
The World Bank has said the redesign of Nigeria’s higher-value currency notes may have negative impacts on economic activity. The
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Savannah Energy buys ExxonMobil’s assets in Chad, Cameroon for $407m
Savannah Energy Plc, the British independent energy company, has announced the completion of its acquisition of ExxonMobil’s entire upstream and
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Cash limits: Nigeria misdiagnoses currency woes, says Capital Economics
Following the new cash withdrawal limits announced this week in Nigeria, analysts at Capital Economics have said the central bank
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Tact is about making a point, not an enemy
By Harvey Mackay An office supervisor called an assistant in to give her the bad news that she was being
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MTN Nigeria aims to deploy 580 5G sites this year
MTN Nigeria Communications Plc has said it plans to increase the number of 5G sites deployed in Nigeria to 580
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Dangote Cement’s profit falls 23% as sales decline
Dangote Cement Plc posted a profit decline in the nine months ended September 30, 2022, compared to the same period
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Naira extends fall against dollar as FX turnover dips 21%
The naira weakened further against the dollar as the turnover at the foreign exchange market fell by 21 percent this
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Access Bank reports 31% increase in Q3 profit
Access Bank Plc has reported a profit before tax of N49.50 billion for the third quarter of this year, up
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REA unveils mini-grids project to boost electricity across Nigeria
The Rural Electrification Agency has announced the official launch of the Africa Minigrids Program, a four-year project funded by the
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