The Consumer Price Index (CPI), a measure of Nigeria’s inflation rate, has shed a further 0.19%, dropping for the second consecutive month to 17.93% in the month of May, 2021….
Continue readingThe World Bank has announced its intention of partnering with the African Union (AU)’s COVID-19 Africa Vaccine Acquisition Task Team (AVATT), in a bid to provide access to vaccines for…
Continue readingIn a notification to the Nigerian Exchange (NGX) BUA Cement Plc has revised the closure, qualification and payment dates for the dividend recommended for the year ended December 31, 2020….
Continue readingIn spite of the report that the international crude oil benchmark, Brent advanced above $70 earlier in the month, industry experts see meagre benefits as subsidy payments gulp revenues. The…
Continue readingThe Minister of Water Resources, Malam Suleiman Adamu disclosed that the Federal Government has taken over the construction of the Farin-Ruwa Hydropower Multipurpose Dam in Nasarawa State. The minister made…
Continue readingThe Federal Government of Nigeria has spent a total of N612.7 billion between January and March 2021, to service domestic debts, latest data from the Debt Management Office (DMO) reveals….
Continue readingEcobank Transnational Incorporated (ETI) has affirmed that it raised a total sum of $350 million from the issuance of its recently launched Tier 2 sustainability Notes (hereinafter referred to as…
Continue readingThe Central Bank of Nigeria (CBN) has revealed that its digital currency might be launched by the end of 2021. Recall that naijabusiness.com.ng had earlier reported that the Central Bank…
Continue readingThe latest figures from the Debt Management Office (DMO) have revealed that as of December 31, 2020, Nigeria’s total public debt had a 0.58 per cent marginal increase from N32.916…
Continue readingThe House of Representatives decried that while the Nigerian currency was losing value, others in African were appreciating. The House has therefore asked the Central Bank of Nigeria to urgently…
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