Naira Trades N1,652/$1 at Official FX Market
Adedapo Adesanya By Adedapo Adesanya The value of the Naira to the US Dollar depreciated by 0.12 per cent or…
2024
Oil Market Slumps on Weak Chinese Economic Outlook
By Adedapo Adesanya The oil market closed lower by more than 2 per cent on Friday due to…
Nigeria Plans Another $2.2bn External Borrowing Before Year End
By Adedapo Adesanya Nigeria will be seeking to borrow $2.2 billion from external bodies, including a potential Eurobond…
Dangote Cement Plans Fresh Bond Sale to Refinance Debt
Dipo Olowookere By Dipo Olowookere One of the top cement makers in Nigeria, Dangote Cement Plc, may again approach the…
Nigeria Targets 20% From $90bn Deepwater Projects Financing
By Adedapo Adesanya Nigeria wants to corner 20 per cent of the $90 billion in financing available for…
Jendol Superstores to Open New Outlet in Ifo
Business Post Contributor By Emmanuel Udom There are strong indications that Jendol Superstores, founded by Mr Mark Akhabue, may soon open…
Supreme Court Throws Out Suit Challenging Establishment of EFCC, Others
By Adedapo Adesanya The Supreme Court has dismissed the suit instituted by 16 states of the federation against…
Subsidy Removal: Poor Approach Worsening Shocks in Nigeria, a Comparative Study of Nigeria and India
By Peace Otonihu The removal of fuel subsidies has been a recurring policy issue for many countries, including…
Inflation Rises to 33.88% in Nigeria as Food Inflation Hits 39.16%
Modupe Gbadeyanka By Modupe Gbadeyanka The National Bureau of Statistics (NBS) on Friday said inflation in Nigeria increased by 1.18…
FG Arrests 300 Illegal Miners Across Nigeria
By Adedapo Adesanya About 300 illegal miners across the country have been arrested by the federal government in…