Johnson Chukwu: Cardoso’s Plans Dependent On CBN Ability To Control Exchange, Inflation Rates
He also stated that to ensure transparency, the institution must “walk their talk”.
Afrexim Seeks $3 Billion Loan From Oil Traders For NNPC
“There is a lot of interest, but they need to see the conditions,” a senior oil executive told sources.
Alleged $101m Debt: Court Fixes Oct 3 to Rule on ABC Orjiakor’s Bankruptcy Suit
Orjiakor’s bank accounts and assets had been frozen earlier in July over the alleged debt.
Shettima: NIPSS Indispensable In Nigeria’s Policy Retool
He said government will provide enabling environment for businesses to thrive.
We’ll Refocus CBN, Reestablish Its Autonomy, Cardoso Says As Senate Confirms Him Apex Bank’s Governor
He promised to implement clear and open financial policies and said his leadership will not permit the mistakes of the past.
FCCPC Confirms Release of Consumer Arrested on Orders of Tomato Paste Maker
Irukera said society cannot afford to fear that “fair expressions would become subject to law enforcement.”
Norway’s Equinor May Sell 20.2% Stake in Agbami Field To Little-known Chappal Energy
A sales agreement hasn’t been signed yet as Chappal is raising funds to finance the deal.
UBA Partners AfCFTA on $6bn Financing Solutions For SMEs in Africa
UBA also aims to promote capacity for growth through non-financial services targeting SMEs.
IFAD Backs Nigeria in Digitalisation of Agriculture in Niger Delta
It wiill be executed by the Ministry of Agriculture in partnership with the Niger Delta Development Commission.
Lagos – Calabar Highway Contract Not Yet Awarded To HITECH, Discussions Ongoing, Says FG
“The Ministry has not awarded any such contract nor has signed any such contract agreement with any company in this regard.”
Nigeria Announces $13.5bn Investment Commitments To Boost Oil Output, Targets 2.1m bpd Next Year
Tinubu’s Special Adviser on Energy, Olu Verheijen, said the measures will result in a 100% increase in gas production by 2027.
Adesina: AfDB’s $25bn Fund will Help Overcome Africa’s Food Insecurity in Five Years
“We have the technology and the financing to do it at scale,” he added.
Petrol Price in Nigeria Rose by 230.78% in One Year, Says NBS
Nigeria, which had for years been burdened by a costly petrol subsidy regime, on May 29 ended the unsustainable scheme.
With Naira Plunging To Record Low, Cardoso Assumes Office As Acting CBN Governor
Nigeria’s currency on Thursday declined further on the parallel market to N995 to a dollar.
Naira Falls Further To N995/$ on Parallel Market, Edun Blames $6.8bn Backlog for Currency’s Woes
However, on the official I&E window, the naira gained N33 naira to close at N738 to a dollar on Thursday, compared to N771 to a dollar the previous day.
Rupert Murdoch Resigns As Chairman Fox, News Corp., Transitions To Chairman Emeritus
“For my entire professional life, I have been engaged daily with news and ideas, and that will not change,” said the 92-year-old media mogul.
Tinubu Rings NASDAQ Closing Bell, Urges Investment In Nigeria ‘Without Fear’
Excerpt: “You’re free to take in your money and bring out your money. I count on you to invest in Nigeria.”
Afreximbank Announces $500,000 Support for Earthquake Relief in Morocco
The support would enable the provision of basic needs as well as restoring power and other essential services to impacted families.
TikTok Faces $368m Fine for Neglecting Children’s Data Privacy
Investigations revealed a significant oversight in the platform’s sign-up process for teenage users.
