Business

Respite Seen for Naira as CBN Intensifies Settlement of FX Backlogs

“Realistically, the naira should be trading between N700 and N800/$ if not for the activities of those that are pushing…

1 year ago

Dangote Refinery Secures Permit to Process over 300,000 Bpd of Crude

“We don’t want to start our refinery with foreign goods, we want to start with the Nigerian crude," the billionaire…

1 year ago

Gas Supply Constraints May Worsen in Nigeria and Europe As NLNG Embarks on Plant Maintenance By February 2024

The shutdown may impact the federal government's planned $7bn dividend securitisation.

1 year ago

Tinubu At Nigeria-Saudi Investment Roundtable: Bottlenecks Will Be Crushed For Funds To Come In And Out Of Nigeria

"We know you're ready for business, so we don't want to come to Nigeria for any exploratory discussion. We are…

1 year ago

Saudi Arabia Promises To Invest in Nigeria’s Refineries, Support CBN’s Foreign Exchange Reforms

“They also highlighted agriculture and renewable energy as major areas of investment interest for Saudi Arabia in Nigeria," said Information…

1 year ago

Access Bank Votes N30bn For Nigeria’s MSME Growth 

The bank's management visited Nigeria's VP Shettima, a former banker himself.

1 year ago

Tinubu in Saudi Arabia, Assures Nigerians of World’s Highest Returns on Investment

He said the country is now ready for real business and also sought collaboration towards combating terrorist activities.

1 year ago

NNPC: Russia-Ukraine Crisis Hindering Export of Nigeria’s Crude to Asian Markets

It revealed that only about 120,000bpd of Nigeria's crude made its way to India this year from the 250,000bpd before…

1 year ago

Sanwo-Olu Seeks Foreign Investments Domiciled in Local Currency To Lessen FX Risk

"If you want me to put some numbers to it, it could be a billion dollars in local currency or…

1 year ago

Nigeria to Get More Investments From China, Says CGCC

The cooperation between Nigeria and China has enhanced transportation infrastructure in the West African country.

1 year ago