Spotlight
STANBIC, GUINNESS, OANDO trigger Nigerian stocks high
The performance of the index was largely influenced by buy interest in STANBIC, GUINNESS, and OANDO which gained 9.99%, 8.76%,...
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Guinness, Int’l Brew, Nigerian Breweries spend N65.5 billion on key acquisitions in 2020
Brewers were forced to scale down the acquisition of PPE in 2020.
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FG states reason for $100 charges, others imposed on Nigerians in diaspora
The Federal Government said that the imposition of charges on Nigerians in diaspora is due to a lack of funds...
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Nigeria’s debt sentence: The burden of the Port Harcourt refinery
Deciding to spend $1.5 billion to rehabilitate a refinery that has sunk so much is definitely a miss for the...
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How $3bn Port Harcourt-Maiduguri rail line will impact African trade
How much benefit in trade will Nigeria gain at the completion of the multi-billion dollar rail line?
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Naira 4 Dollar: Nigerians in diaspora remit $40 million in one week
Nigeria's CBN has recorded a 7 fold increase in remittances since it introduced the Naira4Dollar scheme.
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UN says 26 countries in Africa have received 15 million vaccines
The UN has stated that 26 African countries have received vaccines courtesy of its COVAX initiative.
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Exchange rate gains at NAFEX window as oil price crashes to $60
The exchange rate between the naira and the US Dollar closed at N409.8/$1 at the I&E window as oil prices...
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CBN blames herdsmen and bandits for galloping inflation rate
Emefiele while addressing the media on Tuesday stated that Nigeria's growing food inflation is caused due to worsening security challenges.
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CBN Governor debunks claim of flexible exchange rate
The CBN has reacted to claims that the Federal Government has adopted a flexible exchange rate for its transactions.
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