Finance & Economy - Page 125

Lagos Corners 69% Of Capital Inflows To Nigeria As Foreign Investors Shun 28 States

Nigeria’s foreign investment in Nigeria witnessed a significant downturn with 28 states of the federation missing out on foreign capital importation in the first half of 2023.

Victor Ezeja

1 year ago

Business·Oil & Gas

Nigerian Govt Still Pays Fuel Subsidy, PENGASSAN Insists

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has challenged President Bola Tinubu’s declaration that the era of fuel subsidies had ended. PENGASSAN’s National President, Festus Osifo, who also

Emmanuel Ochayi

1 year ago

Marketers Assure Petrol Price Drop, Zero Scarcity During Yuletide

Business·Oil & Gas

Depot Owners Struggle With Rising Fuel Cost Amid Forex Fluctuations

Nigeria's fuel industry is facing a grim reality as foreign exchange rate fluctuations have left numerous petroleum product depots empty.

Emmanuel Ochayi

1 year ago

Nigeria's Exchange Rate Will Soon Stabilise, Bagudu Assures Investors

Finance & Economy·News

Agenda 2050 Targets $33,000 GDP per Capita, 0.6% Poverty Rate – FG

Minister of Budget and Economic Planning, Abubakar Atiku Bagudu, has declared the federal government’s dedication to the ambitious Agenda 2050 during a media conference ahead of the 29th Nigerian Economic Summit (NES29).

Emmanuel Ochayi

1 year ago

How Everyone Can Make Money On Tiktok Easily

Business·Personal Finance

10 Ways To Save Money In Nigeria

Saving money is a financial goal that can benefit everyone, regardless of what they earn. In the face of the current cost of living crisis in the country, cultivating good saving

Bisina Somto

1 year ago

Business·Finance & Economy

Amid Nigeria’s 2.8% Slow Economic Growth In 2023, These Four Sectors Are Top Performers

Utilities (read electricity industry), financial services, information & communication as well as construction have been identified to be the fastest growing sectors of the Nigerian economy this year. Their growth rates were

Victor Ezeja

1 year ago

Naira To Sustain Depreciation In 2024 - Analysis Reveals

Business·Currency

40% Depreciation Pushes Nigeria’s Naira Among Worst Currencies In Africa

A World Bank report released this October has ranked the Naira among the worst-performing currencies in Africa, as the Nigerian currency lost 40 per cent of its value following the devaluation

Victor Ezeja

1 year ago

Naira Rises Against Dollar, Ends Week On Positive Note

Business·Currency

Naira Depreciates To N756/$ In I&E Window

In a dynamic twist of events, the Nigerian naira faced a rollercoaster ride in the financial markets on Wednesday. The currency, which had exchanged for N745.19 to a dollar just a day

Emmanuel Ochayi

1 year ago

Naira Gains More As Exchange Rate Drops To N1,300/$1 At Official Market

Business·Finance & Economy

Unprecedented Naira Depreciation As Black Market Rate Hits N1000/$1 In Q3 2023

Nigeria’s currency, the Naira, experienced a significant depreciation during the third quarter of 2023, with the unofficial market rate plummeting to N1000/$1. This alarming drop, coupled with a decline in external reserves,

Emmanuel Ochayi

1 year ago

Reps Launch Inquiry To Retrieve N10 Trillion For Pensioners

Business·Finance & Economy·News

Reps To Launch Inquiry To Retrieve N10 Trillion For Pensioners

The House of Representatives has unanimously voted to launch an inquiry into the status of pension funds and take action to retrieve the staggering N10 trillion that was lent to the Federal

Emmanuel Ochayi

1 year ago

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Finance & Economy - Page 125

Lagos Corners 69% Of Capital Inflows To Nigeria As Foreign Investors Shun 28 States

Nigerian Govt Still Pays Fuel Subsidy, PENGASSAN Insists

Depot Owners Struggle With Rising Fuel Cost Amid Forex Fluctuations

Agenda 2050 Targets $33,000 GDP per Capita, 0.6% Poverty Rate – FG

10 Ways To Save Money In Nigeria

Amid Nigeria’s 2.8% Slow Economic Growth In 2023, These Four Sectors Are Top Performers

40% Depreciation Pushes Nigeria’s Naira Among Worst Currencies In Africa

Naira Depreciates To N756/$ In I&E Window

Unprecedented Naira Depreciation As Black Market Rate Hits N1000/$1 In Q3 2023

Reps To Launch Inquiry To Retrieve N10 Trillion For Pensioners

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