Nigerians Express Concern as Naira Falls and Oil Prices Rise, Fueling Apprehensions of Petrol Price Hike
The declining value of the Nigerian naira against the US dollar, accompanied by a recent surge in global crude oil…
Day: August 11, 2023
National Pension Commission Empowers RSA Owners with Mortgage Access
The National Pension Commission (PenCom) has revealed that a total of 187 Retirement Savings Account (RSA) holders have accessed 25…
Nigerian Exchange Collaborates for Dollar Settlement Platform to Boost Tech Startup Funding
The Nigerian Exchange Limited (NGX) has revealed its partnership with the Central Securities Clearing System (CSCS) Plc and Euroclear to…
Nigeria’s Telecoms Sector Faces Nearly 50% Drop in Foreign Investment, Data Consumption Surges
The Nigerian telecoms sector experienced a substantial decline in foreign direct investment (FDIs) in 2022, with capital inflow plummeting by…
Nigeria’s Oil Production Drops 13.6% in July, Strains Budget and OPEC Quota Targets
In July 2023, Nigeria experienced a significant decline in oil production, registering a 13.6% decrease to an average of 1.08…