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Monday, April 21, 2025

CATEGORY

Business

MPC Holds Interest Rate At 14% Despite Recession Exit

Rising from its 115th meeting yesterday, Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) announced that it took the decision to...

Financing Nigeria’s $3trn Infrastructure Deficit

...here is the perspectives of stakeholders on infrastructure financing in the country as Nigeria strives to rebuild its economy, experts have continued to hammer...

Power Generation Companies Raise The Alarm Over N1trn Debt

Power generation companies (GENCOs) in Nigeria have raised the alarm over huge debt of about N1trillion owed them by the Nigerian Bulk Electricity Trading...

More Earnings As OPEC Extends Nigeria’s Oil Output Cut Exemption

Nigeria yesterday got the approval of the Joint Ministerial Monitoring Committee (JMMC) of OPEC and non OPEC countries to extend its exemption crude production...

Lagos, Kaduna, Edo Lead In $15.05bn Foreign Debts – NBS

The National Bureau of Statistics (NBS) has listed Lagos among states with the highest domestic debt and the highest foreign debt estimated at $15.05...

Oil Rises To Approximately $56 On Rising Refinery Demand, Falling U.S. Rig Count

Oil markets were firm on Monday and remained near multi-month highs reached late last week as the number of U.S. rigs drilling for new...

Food Prices Crash In Asaba

Prices of staple food, including garri, yam and potatoes, have crashed in Asaba and environs, a market survey by the News Agency of Nigeria...

Real Reasons Why Importers Run From Nigerian Ports

....A comparative analysis  on the ease of doing business and port charges between Nigerian ports and those of the other countries in the West...

Naira Falls To N367/Dollar At Parallel Market

Naira against the Dollar at parallel market dropped to N367 as speculation over Dollar currency scarcity hits market. The naira traded at N366 against...

Buhari Inaugurates Olam Farm In Kaduna

Global agri-business Olam International Limited (“Olam’’) today welcomed His Excellency President of the Federal Republic of Nigeria, Muhammadu Buhari, to inaugurate Olam’s poultry feed...

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