Naira-dollar exchange rate falls to N1,040 in parallel market The exchange rate between the naira and the dollar has dropped …
Business
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Business
Foreign investment in telecom sector slows by 83.19% in Q2 2023 to $25.81bn – NBS
by Daudu Johnby Daudu JohnForeign investment in telecom sector slows by 83.19% in Q2 2023 to $25.81bn – NBS The Nigeria Bureau of Statistics …
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Nigeria borrowed $1.21bn as investors shun 28 states Nigeria relied on foreign borrowing ($1.21bn) to boost its capital importation in the first …
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BusinessEconomy
Ajaokuta steel: Tinubu pledges 500,000 jobs for Nigerians
by Daudu Johnby Daudu JohnAjaokuta steel: Tinubu pledges 500,000 jobs for Nigerians * Flags off Kogi APC governorship campaign President Bola Ahmed Tinubu declared on Sunday …
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Business
NRC set to introduce e-ticketing to curb corrupt activities in the system
by Daudu Johnby Daudu JohnNRC set to introduce e-ticketing to curb corrupt activities in the system The Nigerian Railway Corporation is now set to deploy an …
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Business
NEITI exposes shocking $8.264bn unsettled debt in oil and gas sector
by Daudu Johnby Daudu JohnNEITI exposes shocking $8.264bn unsettled debt in oil and gas sector The Nigerian Extractives Industries Transparency Initiative has said that …
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Business
Ahead of UNGA, Nigeria, S/Africa Move to Establish Strong Economic Ties
by Daudu Johnby Daudu JohnAhead of UNGA, Nigeria, S/Africa Move to Establish Strong Economic Ties President Bola Tinubu has on Monday advanced his economic development …
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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 …
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Business
Cement price war imminent as BUA pledges to cut to N3, 000 per bag
by Daudu Johnby Daudu JohnCement price war imminent as BUA pledges to cut to N3, 000 per bag Nigeria’s second-largest cement producer, BUA Cement …
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Debt servicing gulps N2.34tn in six months – DMO Nigeria’s debt servicing spending slowed to N849.58bn in the second quarter …