Business - Page 318

Your Investments Are Safe In Nigeria – Tinubu Assures Saudi Investors

President Bola Tinubu has offered assurances to potential investors, asserting that their investments are secure in Nigeria. Speaking at the Saudi-Africa Summit in Riyadh, Saudi Arabia, on Friday, President Tinubu emphasized Nigeria’s

Emmanuel Ochayi

November 10, 2023

Nigerian Equities Surge To Global Top 3, As Returns Hit N8.7trn

Business·Markets·News

Nigerian Equities Gain N27.2 Billion As ASI Appreciated By 0.07%

The NGX, equities on Thursday put on their dancing shoes as the All-Share Index hit a new high, up by 0.07% to 70,819.49 points. The market capitalized on the upbeat atmosphere, gaining N27.2 billion, pushing

Emmanuel Ochayi

November 9, 2023

Business·News

Guarantco Provides $25 million Counter-Guarantee To InfraCredit For Lagos Free Zone Company

GuarantCo, part of the Private Infrastructure Development Group (PIDG), has provided a NGN 20.23 billion (USD 25 million) counter-guarantee with a sixteen-year tenor to Infrastructure Credit Guarantee Company Limited (InfraCredit) in support

Victor Ezejaand

Admin

November 9, 2023

Business·News

Tinubu Halts Tariff Hike, Probes Power Sector Licenses

President Bola Tinubu has halted the proposed electricity tariff hike, emphasizing the need for a nationwide subsidy on power consumption. The revelation came from the Minister of Power, Adebayo Adelabu, during a

Emmanuel Ochayi

November 9, 2023

Naira Rises Against Dollar, Ends Week On Positive Note

Business·Currency·News

Naira Gains To N1120/$1 As Nigerian Govt Aims To Boost Dollar Supply

The Naira experienced a gain of 1.75 percent against the dollar on the parallel market, reaching N1120/$1 on Thursday. This upward movement is attributed to growing optimism surrounding the government’s plans to enhance

Emmanuel Ochayi

November 9, 2023

Business·News·Tech News

Nigeria Govt, Raspberry Pi Foundation Partner To Launch Code Clubs In Nigeria

The Nigerian Government, through the Ministry of Communications, Innovation & Digital Economy, has joined forces with the UK-based Raspberry Pi Foundation to introduce Code Clubs across Nigeria. Aimed at students aged 7 to

Emmanuel Ochayi

November 9, 2023

Business·News

Vandalism Accounts For 13% Of Power Accidents, Urgent Measures Required-NERC

The Nigerian Electricity Supply Industry (NESI), Engr. Idris Aminu Idris, the SM in charge of Engineering Performance and Monitoring at the Nigerian Electricity Regulatory Commission (NERC), disclosed that vandalism has been a

Emmanuel Ochayi

November 9, 2023

Democracy Day: Nigeria In A Classical State Capture - Obi

Business·Finance & Economy·News·Politics

Obi Slams ‘Lavish’ Expenditure in 2023 Supplementary Budget, Calls For Focus On National Welfare

In a scathing critique of the approved N2.17 trillion 2023 supplementary budget, former Anambra state governor and Labour Party presidential candidate, Mr. Peter Obi, lambasted the government’s allocation of funds for what

Emmanuel Ochayi

November 9, 2023

Naira Ends Week With Marginal Gain Against Dollar

Business·Currency·News

Naira Depreciates In Official Market, Black Market On Wednesday

The naira took a dip against the U.S. dollar, leaving speculators scratching their heads. The official market, usually a bastion of stability, witnessed a 0.55% depreciation, closing at N874.71 to a dollar

Emmanuel Ochayi

November 9, 2023

Business

Fitch Retains Nigeria’s Credit Rating At B-, Predicts Inflation At Below 21%

Highlighting Nigeria’s major strengths as large economy, developed and liquid domestic debt market, and large oil and gas reserves, the global rating agency, Fitch, has affirmed the country’s long-term foreign-currency issuer default

Victor Ezejaand

Admin

November 9, 2023

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Business - Page 318

Your Investments Are Safe In Nigeria – Tinubu Assures Saudi Investors

Nigerian Equities Gain N27.2 Billion As ASI Appreciated By 0.07%

Guarantco Provides $25 million Counter-Guarantee To InfraCredit For Lagos Free Zone Company

Tinubu Halts Tariff Hike, Probes Power Sector Licenses

Naira Gains To N1120/$1 As Nigerian Govt Aims To Boost Dollar Supply

Nigeria Govt, Raspberry Pi Foundation Partner To Launch Code Clubs In Nigeria

Vandalism Accounts For 13% Of Power Accidents, Urgent Measures Required-NERC

Obi Slams ‘Lavish’ Expenditure in 2023 Supplementary Budget, Calls For Focus On National Welfare

Naira Depreciates In Official Market, Black Market On Wednesday

Fitch Retains Nigeria’s Credit Rating At B-, Predicts Inflation At Below 21%

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