Business

Importers Return to Parallel Market as Naira Rebounds

Importers have returned to the parallel market to source for their forex needs as liquidity challenges persist in the official…

2 years ago

Tinubu Canvasses N2tn Discos’ Recapitalisation, Tariff Review

President Bola Tinubu, on Monday, disclosed that Nigeria’s power sector privatisation had failed to meet its objectives, as the national…

2 years ago

FG Stops Workers’ Salaries Not on IPPIS.

The Federal Government will on Friday stop the salaries of any public officer whose records cannot be verified on the…

2 years ago

Private Equity Firms in Nigeria Face Worst Year for Investment Exit.

Private equity firms in Nigeria have not been spared from the global lull in the sale of portfolio companies this…

2 years ago

Nigerian Railway Begins E-ticketing Next Week

The Nigerian Railway Corporation has said it will launch electronic ticketing for the standard gauge network next week. The announcement…

2 years ago

Petroleum Producers Fault Speedy Energy Transition in Nigeria.

The African Petroleum Producers Organisation has kicked against the push for a speedy implementation of energy transition in Nigeria and…

2 years ago

Naira Speculators in Trouble as FG Moves to Digitise Fx Transactions.

The federal government will automate transactions in the entire foreign exchange market to tame wide arbitrage and punish naira speculators.…

2 years ago

Naira Seen to Stabilise if Announced $10bn Flows Into Economy

Nigeria’s currency will stabilise in the short-term if the expected $10 billion flows through the economy, analysts said on Monday.…

2 years ago

FG Attracts $2bn Investments in Renewable Energy Sector.

The Federal Government, on Sunday, announced that it attracted over $2bn in investments in the renewable energy sector over the…

2 years ago

Nigeria Listed Among Countries to See Worsening Hunger

The latest Global Hunger Index (GHI)has disclosed that  Nigeria is among the nine countries expected to see its hunger levels…

2 years ago