CBN Pays $2bn To Clear FX Backlog, To Sanction Defaulters
The Central Bank of Nigeria (CBN) says it paid approximately $2 billion across various sectors,…
Category: Business
Poverty Level In Nigeria Inches Higher, As Higher Food, Energy Prices Pushed Inflation to 28.92% in Dec
The Consumer Price Index (CPI), which measures the rate of change in prices of goods…
MOFI Now Fully In Control of Govt. Shares In 11 DISCOs
Ministry of Finance Incorporated (MOFI) said it has restructured and fully taken control of the…
BlackRock Acquires Adebayo Ogunlesi’s Global Infrastructure Partners for $12.5bn
*Deal to make GIP one of the world’s biggest infrastructure investors *Company appoints Ogunlesi…
Dangote Refinery Starts Production After Receiving Six Million Barrels of Crude Oil
The 650,000 barrels Dangote Refinery, the world’s largest single train located in Lekki, Lagos has…
FG To Send 14,000 Skilled Artisans To UAE
The Federal Government, through the Industrial Training Fund (ITF) has unveiled plans to up the…
Audu, Badaru, Brief President Tinubu On Their Mission To China, Regarding Resuscitation of Ajaokuta Steel Company
President Bola Tinubu, on Thursday, met with the five-man committee set up for the resuscitation…
CBN Appoints New Helmsmen for Union, Keystone and Polaris Banks
The Central Bank of Nigeria has appointed new executives for those banks it recently sacked…
Global Economy Set For Weakest Half-Decade Performance In 30 Years
–Reforms to boost investment and strengthen fiscal policy could help turn the tide …
Otedola Donates N1bn To Lagos Security Trust Fund
The LSSTF partly relies on donations from corporate bodies and individuals to equip the security…