Nigeria orders banks to cut forex exposures as naira plunges
The Central Bank of Nigeria ordered banks to limit their foreign exchange exposure to curb risks to the financial…
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Nigeria
Nigeria wastes $1bn of gas despite shortages for power…
Natural gas estimated at $1 billion and capable of powering millions of households was flared in Nigeria last year,…
Nana Kwasi Gyan-Apenteng’s AFCON 2024 Diary – 9: (Most Of)…
First, let’s deal with the small matter of the name of the current AFCON. This 34th AFCON is known as both AFCON 23…
Nigeria Central Bank vows to clear forex backlog ‘within a…
Nigeria’s central bank said it plans to clear a foreign-exchange backlog estimated at about $5 billion within a…
Nigeria’s Dangote refinery set to import US crude oil
Nigeria’s Dangote refinery, the biggest in Africa, is gearing up to bring in crude from the US in the next…
Nigeria seals massive $7 billion investment deal with India
The Federal Government of Nigeria has secured $7 billion out of the $14 billion investment deal promised to the…
Morocco-Nigeria: the King speaks on the telephone with…
His Majesty King Mohammed VI held 23rd of January 2024 a telephone conversation with His Excellency Mr. Bola Ahmed…
Shell to sell Nigeria onshore oil business for $1.3 billion
Shell Plc agreed to sell its Nigerian onshore oil business to a consortium of local companies for more than…
Nigeria aims to boost tax collections by 57% in 2024
Nigeria expects to significantly boost revenue collections this year as plans to overhaul its tax system start to…
Nigeria loses its top spot to Kenya in Africa’s tech market
In 2023, Africa’s tech market experienced a readjustment of investments across the continent, particularly…
Nigeria needs power to stop investors from fleeing
Chronic electricity shortages have been a perennial problem in Nigeria, which has Africa’s biggest economy and…