Unification: Producers Bemoan the Lack of FX Availability.
After the Central Bank of Nigeria (CBN) unified the foreign exchange (FX) market, manufacturers in the country are expressing concerns…
Day: June 27, 2023
Unicem Cement’s Eco-label is Introduced by Lafarge Africa.
Lafarge Africa Plc has launched its Eco Label branding, which supports the company’s commitment to net zero emissions and aims…
Credit to the Private Sector Increased 14.97% to N44.21 trillion in May.
The Central Bank of Nigeria (CBN) has reported a significant 14.9% year-on-year increase in credit to the private sector, reaching…
World Bank Approves A New $500 million Loan for FG.
The World Bank Group has approved a $500 million loan to Nigeria to support women’s empowerment efforts. This funding is…
Shareholders of Union Bank will receive N7 Ser shares from Titan Trust Bank.
Union Bank Plc has announced that minority shareholders will receive N7.00 per scheme share as consideration for the transfer of…
Discos Reverse their Rate Increase Decision as they Wait for NERC Clearance.
Power distribution companies (Discos) in Nigeria have retracted their earlier announcement of a tariff hike scheduled for July 1, 2023,…
Nigeria’s Oil Production Falls Below the Target Set by OPEC.
According to data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Nigeria’s oil production has fallen below the target set…