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NNPC secures $3bn oil-for-cash loan to stabilise the naira

    NNPC secures $3bn oil-for-cash loan to stabilise the naira

The Nigerian National Petroleum Corporation (NNPC) Limited has secured a $3 billion emergency crude repayment loan to support the naira and stabilise the foreign exchange market. NNPC Limited secured the

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Naira float: How to stop the local currency from drowning us all

    Naira float: How to stop the local currency from drowning us all

Resolved. There are smarter people in government than ‘Mayowa Tijani; these people have the answers to the economic challenges the country is facing, they have the numbers up-to-the-minute to make

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Improve agric sector to ease access to raw materials, manufacturers tell FG

    Improve agric sector to ease access to raw materials, manufacturers tell FG

The Manufacturers Association of Nigeria (MAN) says the federal government must intensify efforts to improve agricultural sector to enable easy access to raw materials by industries.  In an interview with

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ABCON to FG: Stop Binance’s operations in Nigeria to strengthen naira

    ABCON to FG: Stop Binance’s operations in Nigeria to strengthen naira

The Association of Bureaux De Change Operators of Nigeria (ABCON) says Binance, the cryptocurrency exchange company, must be stopped from operating in the country. In an interview with NAN in

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JP Morgan vs Economist Intelligence Unit: Who will be wrong about Nigeria?

  JP Morgan vs Economist Intelligence Unit: Who will be wrong about Nigeria?

The Economist Intelligence Unit (EIU) predicted Atiku Abubakar of the Peoples Democratic Party (PDP) as the winner of Nigeria’s 2019

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CBN removes N463/$ from website, quotes I&E window’s N632.77

  CBN removes N463/$ from website, quotes I&E window’s N632.77

The Central Bank of Nigeria (CBN) has removed the old naira-to-dollar rate from its website, quoting new rates from the

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Atiku: If elected, I’ll confiscate undeveloped oil blocks, privatise refineries

  Atiku: If elected, I’ll confiscate undeveloped oil blocks, privatise refineries

Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP), says he will not hesitate to prosecute and publish the

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Cut in MDAs spending, VAT increased to 15%… inside Ghana’s $1.46bn 2023 budget proposal

  Cut in MDAs spending, VAT increased to 15%… inside Ghana’s $1.46bn 2023 budget proposal

On Thursday, Nana Akufo-Addo, president of Ghana, presented a draft of the 2023 budget to the parliament. The draft, presented

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FX scarcity: Provide bailout to manufacturing sector to prevent collapse, MAN tells FG

  FX scarcity: Provide bailout to manufacturing sector to prevent collapse, MAN tells FG

The Manufacturers Association of Nigeria (MAN) has asked the Central Bank of Naira (CBN) to allocate more foreign exchange to

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NECA: FG should reduce wastage in governance, widen tax net to revive economy

  NECA: FG should reduce wastage in governance, widen tax net to revive economy

The Nigeria Employers’ Consultative Association (NECA) says there is a need for the federal government to adopt a holistic approach

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