IMF Urges Central Banks to Begin Interest Rate Cuts by End of 2024
In an interview with CNBC’s “Squawk on the Street,” Kristalina Georgieva, the managing director of the International Monetary Fund (IMF),...
Nigeria to Receive $1.05 Billion Afreximbank Loan Backed by Oil Revenues
Nigeria is poised to receive the balance of $1.05 billion from a $3.3 billion Afreximbank loan backed by oil revenues,...
CBN Raises N7.7 Trillion via NTBs and OMO in Q1 2024 to Address Excess Liquidity
In an effort to tackle excess liquidity within the banking sector, the Central Bank of Nigeria (CBN) has reported a...
Nigerian Breweries Plans to Raise N600 Billion through Rights Issue
Nigerian Breweries Plc (NB) has unveiled plans to raise N600 billion capital through a rights issue, subject to shareholders' approval....
The best places in the world to do business
Singapore, Denmark, and the United States have emerged as the leading destinations for conducting business, according to the latest business...
Customs Import Duty Exchange Rate Drops for Fifth Consecutive Time, Naira Strengthens
The exchange rate used for calculating customs import duties and cargo clearance has recorded its fifth consecutive decrease in less...
FG Deducts Over N415 Billion from State Allocations for External Debt Servicing
The Federal Government has reportedly deducted a total of over N415 billion from state government allocations to service their external...
China Pledges Equal Treatment for Foreign Firms to Boost International Investment
China has announced its commitment to providing equal treatment for foreign companies, aiming to attract more foreign investment and enhance...
FG Anticipates Over N5 Billion Quarterly Savings from Ban on Public-Funded Foreign Trips
The Federal Government of Nigeria is poised to achieve significant savings, estimated to exceed N5 billion every quarter, following the...
Price of Kerosene Soars to N1,340 Per Litre Amid Escalating Inflation
The National Bureau of Statistics (NBS) has reported a concerning surge in the price of Household Kerosene (HHK), a vital...
