Nigeria Central Bank vows to clear forex backlog ‘within a… Mercy Aboagye Jan 30, 2024 0 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 Mercy Aboagye Jan 30, 2024 0 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 Mercy Aboagye Jan 29, 2024 0 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… SpyDa Jan 24, 2024 0 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 Mercy Aboagye Jan 16, 2024 0 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 Mercy Aboagye Jan 16, 2024 0 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 Mercy Aboagye Jan 9, 2024 0 In 2023, Africa’s tech market experienced a readjustment of investments across the continent, particularly…
Nigeria needs power to stop investors from fleeing Mercy Aboagye Jan 5, 2024 0 Chronic electricity shortages have been a perennial problem in Nigeria, which has Africa’s biggest economy and…
Nigeria commits to 11.85% interest on $3.3bn Afrexim Bank… Mercy Aboagye Jan 5, 2024 0 The $3 billion emergency loan was secured to stabilize the country’s volatile foreign exchange market, and…
Nigeria inflation rises more than forecast to match 2005… Mercy Aboagye Dec 15, 2023 0 Nigeria’s inflation rate climbed to a new 18-year high in November, matching a record level reached in 2005, which…
Nigeria and Napoli star Victor Osimhen wins African… Mercy Aboagye Dec 12, 2023 0 In a momentous event at the prestigious CAF Awards in Marrakech, Nigerian striker Victor Osimhen emerged as the…