Business

Nigeria Plans New FX Rules in Hopes of Naira Reaching ‘Fair Price’ By End of 2023

It aims to expand the official market to include all legitimate transactions, while snuffing out the illicit “black market” for…

11 months ago

Nigeria To Engage German Firm In Search of $700bn Mineral Deposits Nationwide

The deal was signed on Sunday when German Chancellor Olaf Scholz paid a business visit to the President.

11 months ago

American Firm, John Deere, To Establish Tractor Assembly Plant In Nigeria

A company executive assured that the project will unlock Nigeria’s agricultural potential.

11 months ago

Marketers Hint at N800 Petrol Price in Nigeria Amid Surging Landing Cost, Worsening FX Constraints

"NNPC too is a business on its own, but clearly, there is a competitive edge that no one in the…

11 months ago

Adesina: AfDB, IDB, IFAD Vote Additional $1bn To Fund Nigeria’s Agribusiness In 24 States

He said 283 million Africans go to bed daily without food.

11 months ago

South Africa Records Outstanding Success, Leaves Inedible Mark At IMEX America

“The exhibitors were overwhelmed by walk-in clients above the scheduled meetings, which augurs well for our tourism industry and injection…

11 months ago

Elumelu: Africa Ready For Investments Amid Challenges

The business tycoon stated that the continent needs massive global capital infusion to develop critical infrastructure needed in the 21st…

11 months ago

Nigeria Moves to Securitise NLNG Dividends for $7bn Cash

The federal government plans to utilise the organisation's proceeds to settle FX backlog.

11 months ago

FG: Nigeria Still Far from Achieving Full Gas Potential

“Nigeria earns around $5 billion from gas production, a figure that is 40% less than in Egypt, which has around…

11 months ago