Interest Rate At 30% Will Stifle Growth, Hinder Job Creation, Dangote Warns CBN
Aliko Dangote, president of the Dangote Group, says the increase of interest rate to almost 30 percent by the Central
Read More
Business
Nigeria’s Public Debt Rises By ₦24.33 Trillion In Three Months
The Debt Management Office (DMO) of Nigeria has announced that the nation’s total public debt has increased significantly to N121.67
Read More
Sanwoolu Unveils Pastor Ashimolowo’s N6Bn Luxurious Makarios Water Display Place (pics)
History, indeed, was made on Sunday 9 June 2024, as Lagos State Governor, Mr. Babajide Sanwo-Olu officially unveiled the iconic
Read More
Naira Crash: Nigeria Secures Fresh $925 Million Loan To Stabilize The Economy
Nigeria has secured an additional $925 million loan from the African Export-Import Bank (Afreximbank) to help stabilize the country’s economy.
Read MoreExternal Reserves Fall By $1.8bn In 10 Weeks
Nigeria’s foreign exchange reserves have fallen by $1.8bn in 10 weeks, according to data from the Central Bank of Nigeria.
Read MoreNaira Crashes Massively Against Dollar 24 Hours After Naira Crashes Massively Against Dollar 24 Hours After Tinubu’s Anniversary
The Naira recorded its first massive depreciation against the dollar at the foreign exchange market 24 hours after President Bola Ahmed
Read More
Huggies Maker, Kimberly-Clark To Stop Production 3yrs After Investing $100m In Nigeria
Diaper and sanitary pad manufacturer, Kimberley Clark will soon announce an imminent shutdown of its Ikorodu production facility two years
Read More
Total Snubs Nigeria; Invests $600m In Congo
French oil major, TotalEnergies, has announced a $600 million investment deal in the Republic of Congo few days after the
Read MoreTinubu Fails To Provide Vital Details Of Newly Awarded Contracts (pics)
Last Tuesday, President Bola Tinubu’s aide, Bayo Onanuga, shared 20 projects and policies adopted by the Federal Executive Council (FEC) in the
Read More“I Need 35 visas To Travel Within Africa”, Dangote
Africa’s richest billionaire, Aliko Dangote, has lamented difficulties faced by African investors travelling on the continent claiming he needs 35
Read More