Naira to sustain downward trajectory in 2024—Analysts
Financial analysts have predicted a sustained decline of the Naira in 2024 as the exchange rate between the local currency...
Business Affairs
FG will convert additional N7.5trn CBN loan to debt
Lawmakers have approved a request from President Bola Tinubu to convert N7.5 trillion ($8.2 billion) in overdrafts from the central...
Why some companies don’t get tax incentives – NIPC
The Head of incentives administration of the Nigerian Investment Promotion Commission, Lovina Kayode has explained why some companies are not...
Global analysts say crude oil prices may hover around $80/b in 2024
Key global analysts have predicted that international oil prices would likely stay near $80 a barrel in 2024. Analysts also...
NSCDC officer killed as terrorists 3 TCN towers
Omeiza Bilal The Transmission Company of Nigeria (TCN) said, terrorists on Thursday blew-up three of its towers along Yobe-Damaturu transmission...
TCN to boost Lagos power supply with 7 new transformers
Omeiza BilalIn a bid to enhance the power supply in Lagos State, the Transmission Company of Nigeria (TCN) has received...
200 ton/day rice mill to be unveiled soon — Agric Minister
The Minister of Agriculture and Food Security, Sen. Abubakar Kyari, says the 200 metric tonnes per day capacity rice mill...
CBN special investigator rejects Lemo, others request to delay appearance
The Special Investigator appointed by President Bola Tinubu to probe the Central Bank of Nigeria (CBN), Jim Obazee, has rejected...
Nigeria’s Q3 ToT decline offset by tech-driven economic growth
Nigeria’s Terms of Trade (ToT) experienced a minor dip of 0.03 percentage points in the third quarter of 2023, continuing...
Petrobras returns to Africa with Shell asset acquisition
Brazil’s state oil company has bought three exploration blocs in the island nation of Sao Tome and Principe, which marks...
