FCMB and U.S. Government Partner to Disburse $10 Million Loans Across Nigeria
The United States government has forged a partnership with First City Monument Bank (FCMB) to facilitate $10 million in loans across Nigeria’s health and...
12.5kg cooking gas price may hit N18,000 December
Gas retailers have warned that the price of 12.5kg cooking gas may hit N18,000 by December if the Federal Government does not restrict the...
Bank Directors Support CBN’s Selling of Surplus Currency.
Bank Directors Association of Nigeria says it is supportive of a directive by the Central Bank of Nigeria asking commercial banks to stop “hoarding’’...
Trade volume hits N1.12bn on NGX
The daily volume of trade on the Nigerian Exchange Limited increased by 98 per cent to 1.12 billion units on Thursday as investors lost...
Our Interventions Have Produced Encouraging Outcomes – Cardoso
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, says “strategic interventions” of the apex bank have produced encouraging outcomes.He said, “Banks are...
Naira undervalued by 30% – Renaissance Capital
According to the Renaissance Capital Africa research, Nigeria is expected to see a rise in oil prices and a strengthening of its currency in...
Dangote Backs Tinubu’s CNG Drive with N460bn Investment in Trucks, Others
As a demonstration of support for President Bola Ahmed Tinubu’s CNG Initiative, Dangote Cement Plc, has invested $280 million (over N460bn) in compressed natural...
NNPC To Deliver Gas Revolution With OB3 Pipeline Project
In an effort towards boosting nationwide gas supply and drive industrialization and economic growth, the Nigerian National Petroleum Company Limited (NNPC Ltd) is set...
Marketers enthusiastic over Dangote’s N1,000/litre diesel price.
The Dangote Petroleum Refinery has given consideration to the demands of oil marketers concerning the decrease in the cost of diesel, also known as...
Naira tumbles at official market, trades N1,234/1$
For the second consecutive time, Naira on Monday slightly depreciated at the official market, representing a 5.51 per cent loss when compared to the...