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Experts express optimism as Nigeria’s Foreign Reserves Hit $34.416

Experts express optimism as Nigeria’s Foreign Reserves Hit $34.416 President Bola Ahmed Tinubu’s foreign exchange reforms appear to be yielding the desired result. This is because Nigeria’s foreign exchange reserves hit $34.416 billion, the highest in nine months. The previous recent highest was $34.449 billion on June 20, 2023,[Read More…]

March 18, 2024 by Eberechi Constance Comments are Disabled

Business

FG releases N12.7bn for prepaid meters in army barracks nationwide

FG releases N12.7bn for prepaid meters in army barracks nationwide Minister of power, Adebayo Adelabu, has said that the federal government has released N12.7 billion to provide meters in army barracks across the country. Adelabu said the amount is from the N40 billion earmarked for the mass metering project,[Read More…]

March 18, 2024 by Eberechi Constance Comments are Disabled

Business

At Polaris Bank IWD Webinar, Guest Speakers Advocate Empowering Opportunities for Women

At Polaris Bank IWD Webinar, Guest Speakers Advocate Empowering Opportunities for Women …as CEO, Kayode Lawal highlights the indispensable contributions of women to societal progress, economic development Polaris Bank’s International Women’s Day (IWD) webinar themed: ‘Empowering Voices: Women Leading Change,’ offered a dynamic platform for insightful conversations. [Read More…]

March 18, 2024 by Eberechi Constance Comments are Disabled

Business

Perm Sec Speaks on Nigeria importing yam from China

Perm Sec Speaks on Nigeria importing yam from China The Permanent Secretary, Federal Ministry of Agriculture and Rural Development (FMARD), Ernest Umakihe, has said that Nigerians may soon be importing yam for local consumption from China. Umakihe who was speaking at a Stakeholders Workshop on Repositioning Yam as[Read More…]

March 18, 2024 by Eberechi Constance Comments are Disabled

Business

NBS says Nigeria’s inflation climb 31.70% in February

NBS says Nigeria’s inflation climb 31.70% in February Nigeria’s inflation rate rose to 31.70 per cent in February from 29.90 per cent recorded in January 2024. This figure indicates an increase of 1.80 per cent, the National Bureau of Statistics said in its latest CPI and inflation report released on[Read More…]

March 15, 2024 by Eberechi Constance Comments are Disabled

Business

FG unveils presidential conditional grant scheme for Nano business

FG unveils presidential conditional grant scheme for Nano business The Federal Government has rolled out Presidential Conditional Grant Scheme, PCGS, to empower Nano businesses across the country. This is as part of the Presidential Palliative Programme meant to curb the increasing level of hardship the country is currently facing. The[Read More…]

March 15, 2024 by Eberechi Constance Comments are Disabled

Business

Nigeria to issue eurobonds after two years

Nigeria to issue eurobonds after two years Nigeria has hired investment banks including Citibank NA, JPMorgan Chase & Co., and Goldman Sachs, to seek advice on its first eurobond issue since 2022. According to a Bloomberg report, the size of the eurobond offer, which is expected before June,[Read More…]

March 14, 2024 by Eberechi Constance Comments are Disabled

Business

Tinubu directs immediate opening of borders with Niger Republic, lifting of all sanctions

Tinubu directs immediate opening of borders with Niger Republic, lifting of all sanctions In what would amount to another policy somersault, President Bola Tinubu, on Wednesday, ordered the immediate re-opening of Nigeria’s land and air borders with neighbouring Niger Republic. According to a statement issued by his special adviser[Read More…]

March 13, 2024 by Eberechi Constance Comments are Disabled

Business

UBA Gets $100m Fund to empower women led SMEs

UBA Gets $100m Fund to empower women led SMEs The African Guarantee Fund (AGF) and United Bank for Africa (UBA) has signed a partnership that ensures that UBA provides $100 million in new loans to Small and Medium Enterprises (SME) and business owners across the 20 African countries where[Read More…]

March 12, 2024 by Eberechi Constance Comments are Disabled

Business

TCN Transmission vandalized for the fifth time in 4 weeks

TCN Transmission vandalized for the fifth time in 4 weeks The Transmission Company of Nigeria (TCN) has reported a destruction of its infrastructure -the Shiroro-Katampe 330kV transmission line which makes it the fifth time the incident has occurred since February. A statement by the company said that the latest incident[Read More…]

March 11, 2024 by Eberechi Constance Comments are Disabled

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Experts express optimism as Nigeria’s Foreign Reserves Hit $34.416

FG releases N12.7bn for prepaid meters in army barracks nationwide

At Polaris Bank IWD Webinar, Guest Speakers Advocate Empowering Opportunities for Women

Perm Sec Speaks on Nigeria importing yam from China

NBS says Nigeria’s inflation climb 31.70% in February

FG unveils presidential conditional grant scheme for Nano business

Nigeria to issue eurobonds after two years

Tinubu directs immediate opening of borders with Niger Republic, lifting of all sanctions

UBA Gets $100m Fund to empower women led SMEs

TCN Transmission vandalized for the fifth time in 4 weeks

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