Economy - Page 7

FG Unveils $10bn Nigeria Diaspora Fund to Attract Foreign Investments

April 26, 2024

By Adedapo Adesanya The federal government has announced the launch of a $10 billion Nigeria Diaspora Fund, a multi-sectoral investment opportunity to encourage remittances,

Economy

Naira Nears N1,000/$1 at Official, Parallel Markets

April 18, 2024

Adedapo Adesanya

By Adedapo Adesanya The Naira bounced back from the previous day’s loss on Wednesday, appreciating by 6.6 per cent or N75.40 against the United

cbn governor yemi cardoso external reserves

Economy

Reserves Used to Repay Debts, Not Defend Naira—CBN Governor

April 18, 2024

Adedapo Adesanya

By Adedapo Adesanya The Governor of the Central Bank of Nigeria (CBN), Mr Yemi Cardoso, has said the recent depletion of the nation’s foreign

Economy

Oil Market Dips on High Stockpiles, Weaker Economic Data

April 18, 2024

Adedapo Adesanya

By Adedapo Adesanya The oil market slid by 3 per cent on Wednesday, pressured by a rise in US inventories, weaker economic data from

Economy

How to Invest in Bitcoin and Convert to Naira: A Comprehensive Guide

April 18, 2024

Dipo Olowookere

Bitcoin has become a popular investment and trading option for the youths in Nigeria. This is because the entry barrier is lower than traditional

Economy

NGX All-Share Index Falls Below 100,000 points After 0.80% Midweek Loss

April 17, 2024

Dipo Olowookere

By Dipo Olowookere The free-fall of the Nigerian Exchange (NGX) Limited depleted the All-Share Index (ASI) below 100,000 points on Wednesday after it closed

Economy

Oando to Sponsor 2024 African Energy Week

April 17, 2024

Modupe Gbadeyanka

By Modupe Gbadeyanka A Nigerian energy firm, Oando Plc, has been announced as a diamond sponsor of the 2024 African Energy Week (AEW) slated

Economy

IMF Forecasts 3.3% GDP Growth, 23.6% Inflation for Nigeria in 2024

April 17, 2024

Adedapo Adesanya

By Adedapo Adesanya The International Monetary Fund (IMF) has raised Nigeria’s 2024 economic growth forecast from the 3 per cent it had previously estimated

Economy

Nigeria Pleads for More Concessional Debt to Ease FX Pressures

April 17, 2024

Adedapo Adesanya

By Adedapo Adesanya The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has called for more concessional debt, saying such

Economy

FCCPC Vows to Deal With Traders Inflating Commodity Prices

April 17, 2024

Adedapo Adesanya

By Adedapo Adesanya The federal government, through its agency, the Federal Competition and Consumer Protection Commission (FCCPC), has vowed to take stringent regulatory measures

Economy

NASD OTC Bourse Remains in Red Zone After 0.02% Loss

April 17, 2024

Adedapo Adesanya

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange recorded yet another marginal drop, this time by 0.02 per cent on Tuesday, April 16,

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Economy - Page 7

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