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Forex Management unsuccessful without Economic Stability, Okonkwo slams CBN
Kenneth Okonkwo, a Labour Party (LP) leader, has lambasted the Central Bank of Nigeria (CBN) for its management of the foreign…
Grid collapse: FG utilises technology to detect sudden power drop
In an effort to solve Nigeria's recurring power system failures, the Federal Government has deployed new technology to detect and…
CBN reduces banks’ loan-to-deposit ratio by 15%
The Central Bank of Nigeria (CBN) has announced a review of the loan-to-deposit ratio (LDR) for banks by 15 per cent to align with…
Adidas takes lead following Kanye West deal exit
Adidas has rebounded from its challenging partnership with rapper Kanye West and anticipates achieving profits of €700m (£598m) in…
Dangote announces another slash in pump price of diesel
The Dangote Petroleum Refinery has announced a further reduction of the price of diesel from N1,200 to N1,000 per litre.
In a…
IMF reviews Nigeria’s economic growth to 3.3%
The International Monetary Fund has raised Nigeria's GDP growth prediction for 2024 from 3% to 3.3%.
NASENI, NIPSS Collaborate to Enhancing Digital Economy, Job Creation
The National Agency for Science and Engineering Infrastructure (NASENI) and the National Institute for Policy and Strategic…
Naira appreciation faster than expected- BDC Operators
The Association of the Bureau De Change Operators of Nigeria (ABCON) says the Nigerian currency Naira has appreciated faster than…
FG begins disbursement of N50,000 trade grant to Nigeria’s nano businesses
The Federal Government has announced the commencement of the disbursement of the N50,000 Presidential Conditional Grant Scheme,…
NCAA suspends three private jet operators for operating commercial flights
The Nigerian Civil Aviation Authority has suspended the authorization of three private jet operators for engaging in commercial…