FG seeks $10bn to stabilise exchange rate as naira tumbles
Justice Okamgba and Damilola Aina The Nigerian Federal Government is planning to raise $10bn to improve liquidity in the foreign exchange market. On Tuesday, the naira fell to an all-time
Justice Okamgba and Damilola Aina The Nigerian Federal Government is planning to raise $10bn to improve liquidity in the foreign exchange market. On Tuesday, the naira fell to an all-time
A África vai ter 11 das 20 economias de crescimento mais rápido do mundo, em 2024, afirmou o grupo Banco Africano de Desenvolvimento (BAD), no mais recente relatório sobre o
Arranca esta segunda-feira, no Dubai ,(Emirados Árabes Unidos ) mais uma edição da Gulfood, a maior feira de alimentação e bebidas do Médio Oriente, onde são esperados mais de cinco
By Stephen Angbulu Nigeria and Brazil are considering the possibility of establishing direct flight operations between their respective financial capitals of Lagos and São Paulo, respectively. Both countries also reaffirmed their
By Elizabeth Adegbesan The National Bureau of Statistics (NBS) said today that the headline inflation rate increased year-on-year (YoY) by 0.98 percentage points to 29.9 per cent in January 2024
A Sonangol adjudicou dois contratos para o fornecimento de gasolina e gasóleo à britânica BP Oil International, que foi seleccionada entre as sete empresas que submeteram propostas no concurso para
By Adewale Sanyaolu The African Petroleum Producers Organisation (APPO) has floated the African Energy Bank with $5 billion capitalisation. The project feeds into the continent’s move to break away from hurtful dependence
A Galp “está muito consciente do valor de iniciar a produção de petróleo na Namíbia o mais cedo possível”. Numa conferência com analistas. O anúncio, segundo o jornal português “Observador”,
By Adewale Sanyaolu Hopes of increased oil revenue for the Federal Government remain shaky as the country’s daily oil production has slumped to 1.33 million barrels per day (bpd), from 1.7 million
Nume Ekeghe The Naira continued its depreciation trend yesterday, losing value against the US Dollar at the parallel market closing at N1,500 while it also depreciated at the official window.At