CBN directs banks to limit exposure to foreign currency
By Stanley Onyeka, Lagos The Central Bank of Nigeria (CBN), yesterday, issued a new set of directives that…
Fed’s faith in ‘immaculate disinflation’ narrative put to the test
The Federal Reserve will conclude a two-day policy meeting on Wednesday, with officials parsing evidence of slowing inflation…
Foreign direct investment in developing economies fell 9% in 2023
A new UNCTAD report, Global Investment Trends Monitor, shows Foreign direct investment (FDI) flows to developing countries fell…
Ekpo commends Nigerian firms’ determination in harnessing local content law
By Tochukwu Bliss, Abuja Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo. has lauded the courage,…
NNPC woos South Korean investors for gas projects
By Tochukwu Bliss, Abuja The Nigerian National Petroleum Company Limited (NNPC Ltd), said it has held talks with…
IMF downgrades Nigeria’s 2024 economic growth projection to 3%
By Clara Nwachukwu The International Monetary Fund (IMF) has cut its forecast for Nigeria’s economic growth for 2024…
CBN warns dealers against FX market manipulation
. Concludes payment of $64.44m verified claims by airlines By Stanley Onyeka, Lagos The Central Bank of Nigeria…
ICPC’s war against corruption key to good governance, dev’t
By Tochukwu Bliss, Abuja The Chairman, the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Dr Musa…
FG to discuss new minimum wage with NLC, TUC in March
Information Minister, Mohammed Idris, says President Bola Tinubu’s government will begin discussion of the new minimum wage with…
FG approves funding for Second Niger Bridge, Lagos-Ibadan highway projects
The Minister of Works, David Umahi, says President Bola Tinubu has approved funds for the construction of the…