Dangote Refinery starts production…
Nigeria’s Dangote Refinery has started producing gasoline, marking a significant step in reducing the country's reliance on imported oil products. ...
Tag: Nigerian Economy
Stakeholders advocate for balanced price control system in Nigeria
Stakeholders in Nigeria are calling for a comprehensive and balanced approach to price control to protect both consumers and businesses. ...
CBN lifts suspension on bank borrowing, lending rate up 31.75%
The Central Bank of Nigeria (CBN) has lifted the suspension on banks borrowing from its Standing Lending Facility (SLF), establishing ...
Infrastructure: Nigeria targets $2bn in domestic bonds
Nigeria is seeking to raise up to $2 billion through the issuance of dollar-denominated bonds to domestic investors, as reported ...
Naira Devaluation yields N8.6bn gain for Nigeria’s ID4D Project
The devaluation of the Naira has resulted in a forex gain of N8.6 billion for the Nigeria Identification for Development ...
SOL launches temporary Staff Services for Workforce Flexibility
Strategic Outsourcing Ltd. (SOL) has introduced Temporary Staff Services (TSS) to provide businesses with a flexible, efficient, and cost-effective approach ...
CBN raises Treasury Bill rates to 22.1% in latest auction
On July 24, the Central Bank of Nigeria (CBN) raised the stop rate for one-year Treasury Bills (T-Bills) to 22.1%, ...
Naira/Dollar Rate Convergence Marks Major Shift
On Thursday, the foreign exchange (FX) market witnessed a significant development as the naira/dollar rate reached N1,520 in both the ...
Property Firm boosts Economy with Installment Payments
SmallSmall, a property technology company, has introduced new mechanisms to encourage the adoption of installment payments across various industries in ...
Nigerian Official Market Witnesses Sharp Decline in FX Turnover
The foreign exchange (FX) turnover in Nigeria's official market experienced a sharp decline of 39.95% on Monday, falling from $269.27 ...
