Author: Eberechi Constance

Federal Govt Impressed With $3 Billion NNPCL/Afreximbank’s Deal To Rescue Naira

Federal Govt Impressed With $3 Billion NNPCL/Afreximbank’s Deal To Rescue Naira The Federal Government has expressed satisfaction with the fact that $3 billion in crude-for-cash funding secured from the African Export-Import Bank (Afreximbank) by the Nigerian National Petroleum Corporation (NNPC) Limited is gradually giving a breather to the foreign exchange[Read More…]

by Comments are Disabled

Tinubu targets 11,500 gas-powered vehicles in new initiative

Tinubu targets 11,500 gas-powered vehicles in new initiative   President Bola Ahmed Tinubu has approved the establishment of the Presidential Compressed Natural Gas Initiative (PCNGI) to facilitate nationwide adoption of gas-powered vehicles. The Special Adviser to the President (Media and Publicity), Ajuri Ngelale, in a statement, on Saturday said the[Read More…]

by Comments are Disabled

Elumelu’s Transcorp Consolidates its Power Play, Acquire 60% Majority stake in AEDC

Elumelu’s Transcorp Consolidates its Power Play, Acquire 60% Majority stake in AEDC   In a strategic move to consolidates Transcorp’s position in the Nigerian power sector, Christopher Ezeafulukwe, Managing Director/CEO of Transcorp Power Limited, has been entrusted by the Board of the Abuja Electricity Distribution Company (AEDC) to lead the[Read More…]

by Comments are Disabled

Nigeria’s Inflation Hits 24.08% As Food Prices Rise

Nigeria’s Inflation Hits 24.08% As Food Prices Rise     Nigeria’s annual inflation rate rose to 24.08 per cent in July from 22.79 per cent in the previous month, the National Bureau of Statistics (NBS) said Tuesday. The NBS said on a year-on-year basis, the headline inflation rate was 4.44[Read More…]

by Comments are Disabled

Ecobank To Promote Ease Of Cross-Border Business Through Foreign Currency Transfer On Its Mobile And Omnilite Apps

Ecobank To Promote Ease Of Cross-Border Business Through Foreign Currency Transfer On Its Mobile And Omnilite Apps   Ecobank has reiterated that the introduction of Foreign Currency transfer on Ecobank Mobile and Omnilite app is to promote and facilitate ease of cross-border business and financial transactions, stressing that it would[Read More…]

by Comments are Disabled
1 … 87 88 89 90 91 … 120