Hyper-inflation in Nigeria has continued to rave the purchasing power of Nigerians as it rose to 341.70 in February. National Bureau of…
Economy
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EconomyNews
AFC joins Ecobank, Soto Gallery to host +234Art International Art Exhibition to elevate African art, empower artists
Africa Finance Corporation (AFC), the continent’s leading instrumental infrastructure solutions provider, has joined forces with Ecobank Nigeria and Soto Gallery to host…
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Civil Society Legislative Advocacy Centre, CISLAC, and Transparency International in Nigeria, TI-Nigeria, have declared the suspension of Senator Abdul Ningi by the…
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Federal Competition and Consumer Protection Commission Protection Commission FCCPC has charged Mikano a major generator selling company in Nigeria. FCCPC said “On…
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The Standards Organisation of Nigeria (SON) has presented 80 newly approved Nigerian Industrial Standards for Compressed Natural Gas (CNG) road vehicles and…
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Minister of Solid Minerals Development, Dr Dele Alake, has urged mineral- rich African countries to use the proven mineral reserves of their…
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The Board Coordinators of the Executive Board of the International Monetary Fund (IMF), Mr. Afonso S. Bevilaqua and Mr. Abdullah F. BinZarah,…
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FinanceEconomyNews
Afreximbank extends grant to grand Africa Initiative to empower African youth entrepreneurs
African Export-Import Bank (Afreximbank) is pleased to announce its collaborative effort with the Grand Africa Initiative (GAIN) through a grant aimed at…
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Nigeria has secured $1.3 billion in funding to complete a railway project connecting Kano, the largest city in the north, to Maradi…
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Director-General, West African Monetary Zone (WAMZ), Dr Olorunsola Olowofeso, says expectation for an ECOWAS Single Currency by 2027 is no longer realistic.…
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Federal Government has issued a marching order to all the contractors handling the Benin-Ekpoma-Auchi-Okpella-Okene-Lokoja road to immediately commence accelerated work on the…
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Director-General (DG) of the National Pension Commission (PenCom), Aisha Dahir-Umar, has opened up and publicly denied that the commission gave N10 trillion…
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The Edo State Governor, Mr. Godwin Obaseki, has said the State Government has arranged for a meeting on Tuesday, March 12 with…
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The Centre for the Promotion of Private Enterprise [CPPE] commends President Bola Tinubu, the Coordinating Minister for the Economy, the Minister of…
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FinanceEconomyNews
CBN reports upsurge in dollar inflow as remittances quadruple, foreign investors’ return
The Central Bank of Nigeria (CBN) reported a significant increase in foreign exchange inflow into the economy in February 2024, with marked…