Finance & Economy - Page 108

Tomato Supply Threat Sparks Fear Of Price Hike In Lagos Over Market Clash

Food Prices Skyrocket Beyond Reach As Tomato Prices In Nigeria Soar 48.73% To N675.91/kg

Nigeria faces surge in food prices, according to the latest report by the National Bureau of Statistics (NBS) for October. The cost of essential commodities has soared with tomatoes, rice, boneless beef,

Emmanuel Ochayi

1 year ago

Africa·Business·News·Oil & Gas

Nigerian Govt Pledges Commitment To West African Gas Pipeline Project

Minister of State for Petroleum Resources (Gas) Ekperikpe Ekpo has reiterated Nigeria’s support for the West African Gas Pipeline Project, emphasizing the government’s dedication to realizing its full potential. In his speech,

Emmanuel Ochayi

1 year ago

Agro-Economy·Business·News

Nigeria’s Stockfish Imports From Norway Declines Amid Economic Challenges

Nigeria which is traditionally the largest importer of Norwegian stockfish, experienced a drop in imports in 2023. Expressing concern over the reduction, the Norwegian Seafood Council revealed during a workshop in Lagos

Emmanuel Ochayi

1 year ago

Agro-Economy·Business·News

The Alternative Bank Signs Multi-Sector Deal For Niger State’s Development

The Alternative Bank has sealed a multiyear deal with the Niger State government, aiming to drive growth across sectors including agriculture, transportation, energy, and infrastructure. “This Memorandum of Understanding represents a pivotal step

Emmanuel Ochayi

1 year ago

CBN Reforms Yielding Positive Returns As FX Transactions Surge To $800m, CBN Gov Assert

Business·Finance & Economy·News

CBN Governor Reveals $1.4B Loss Over 8 Years From 43-Item Forex Restrictions

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso has revealed losses amounting to $1.4 billion over eight years due to the CBN’s ban on 43 items. Cardoso made this revelation at

Emmanuel Ochayi

1 year ago

Agro-Economy·Business·News·World News

French Minister Launches Agri-Food Platform To Boost Nigeria Ties

In a move strengthening ties between France and Nigeria, Minister Olivier Becht inaugurated the “Food for Nations” agri-food platform on Friday. “This collaboration marks an exciting milestone,” Becht stated, emphasizing the platform’s role

Emmanuel Ochayi

1 year ago

Naira Strengthens By N63.72 Against Dollar In January As CBN Policies Boost Confidence

Finance & Economy·News

CBN’s Cardoso Hints On New Recapitalisation For Nigerian Banks

The Central Bank of Nigeria (CBN) has hinted on the plan to implement a new round of banking recapitalisation for the Deposit Money Banks (DMBs). This entails commercial banks in the country

Victor Ezejaand

Admin

1 year ago

CBN Governor Predicts Decline In Inflation, Exchange Rates In 2024

Business·Finance & Economy·News

How CBN Strayed From Core Mandate- Cardoso Vows Realignment

Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has unveiled it vision to recalibrate the apex bank’s direction, citing how it strayed away from it core mandate during the previous administration. Highlighting a

Emmanuel Ochayi

1 year ago

Agro-Economy·Business·News

Beef Stew Costs Surge By 17% , Escalating Financial Strain On Nigerian Households

In a disconcerting revelation from the latest stew index report by PricePally, the expense of preparing a pot of beef stew surged by 17 percent in 2023, painting a worrisome picture of

Emmanuel Ochayi

1 year ago

Naira Falls Against Dollar In Black Market As Demand Increases In FX Market

Business·Currency·News

Naira Slides To N956/$ As Dollar Supply Dwindles

Amidst a 13.78% plunge from its Wednesday closing rate, the Nigerian naira tumbled to N956 against the US dollar on Thursday, marking a distressing downturn in the forex market. According to data

Emmanuel Ochayi

1 year ago

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Finance & Economy - Page 108

Food Prices Skyrocket Beyond Reach As Tomato Prices In Nigeria Soar 48.73% To N675.91/kg

Nigerian Govt Pledges Commitment To West African Gas Pipeline Project

Nigeria’s Stockfish Imports From Norway Declines Amid Economic Challenges

The Alternative Bank Signs Multi-Sector Deal For Niger State’s Development

CBN Governor Reveals $1.4B Loss Over 8 Years From 43-Item Forex Restrictions

French Minister Launches Agri-Food Platform To Boost Nigeria Ties

CBN’s Cardoso Hints On New Recapitalisation For Nigerian Banks

How CBN Strayed From Core Mandate- Cardoso Vows Realignment

Beef Stew Costs Surge By 17% , Escalating Financial Strain On Nigerian Households

Naira Slides To N956/$ As Dollar Supply Dwindles

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