Saturday, September 18, 2021

Economy

September 18, 2021

Buhari justifies borrowing spree, says $4 billion loan for 15 projects

The World Bank is to finance seven of the 15 listed projects across the six geo-political zones.

September 18, 2021

PIA should be reviewed every five years: ICSAN

Such periodic review would help to consolidate the gains of the legislation, according to ICSAN.

TAIWO OLUSESI
September 17, 2021

AfDB budgets $1 million for Africa’s ageing hydropower stations

The move would add 200 megawatts in generation capacity, create 150 jobs and reduce greenhouse gas emissions.

Akinwunmi Adesina
September 17, 2021

CBN retains lending rate, other parameters for seventh consecutive time

The CBN is retaining the MPR and other parameters constant for the seventh consecutive time.

CBN Governor Godwin Emefiele
September 17, 2021

AbokiFX shuts down to see if it’ll help naira rise again

abokiFX purely provides benchmark parallel rate information which helps guide our users in almost 200 countries across the world.

Aboki FX
September 17, 2021

Dollar shortage cause of Naira’s freefall: LCCI

The LCCI said Nigeria needs to boost the supply side of the forex market through inflows from exports, diaspora remittances and crude revenues.

LCCI DG, Chinyere Almona
September 17, 2021

NGX market indicators rebound by N17 billion

The market capitalisation, which opened trading at N20.273 trillion, rose by N17 billion to close at N20.290 trillion.

September 17, 2021

CBN declares AbokiFX boss wanted over naira collapse

AbokiFX is a platform known for publishing the exchange rate of Naira against other currencies. It began operations in 2015.

CBN Governor, Godwin Emefiele.
September 17, 2021

Kerosene, cooking gas prices increased in August: NBS

The NBS said while residents in Enugu bought at N494.05 per litre, the highest of any state, those in Bayelsa paid N255.56.

A filling station dispensing fuel
September 17, 2021

World Bank axes ‘Doing Business’ ranking after officials falsified data to favour China, Saudi Arabia

The bank accused former staff and board members of unethical practices that led to the artificial doctoring of data to favour countries including China and Saudi Arabia.

Vice President Yemi Osinbajo and World Bank Chief David Malpass