CBN Governor Cardoso has revealed that IFRS standards have driven transparency, boosting foreign investments and growth in Nigeria's financial sector.
Wale Edun says Nigeria's domestic dollar bond offers benefits including safety and security, diversification opportunities, and a predictable cash flow.
Nigeria's inflation rate has decreased to 33.4% in July 2024, marking its first decline since December 2022, according to NBS.
The EIU has warned that delays in achieving petrol production at Dangote refinery could worsen Nigeria's budget deficit, currency stability
Bakers have called for a reduction in flour prices and urgent government intervention to address skyrocketing costs affecting their operations.
A new oil production technology, first tested by Chevron, could unlock up to 5 billion barrels of previously inaccessible crude.
MAN has warned that rising interest rates at 35%, driven by CBN's MPR hikes, are strangling manufacturing and threatening jobs
Mercedes-Benz Korea is set to cooperate with authorities to determine the cause of fire and would offer free inspections nationwide.
Dangote Refinery has refuted IPMAN’s claims that it plans to sell petrol at N600/ N650 per litre.
"Nobody is going to put in $1 with the expected return of 60 cents on the dollar," Toriola emphasised strongly.