The 2024 oil block bid rounds have started, with the Nigerian Upstream Petroleum Regulatory Commission (NUPRC)…
Monthly Archives
April 2024
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Business And Money
MTN reports second straight financial loss amid weak naira
by samsunblogby samsunblogDespite a 32.0% increase in service revenue to N747.3 billion, MTN Nigeria Communications Plc has recorded…
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The foreign currency market opened on Monday with Nigerian naira gains starting 5.93 percent higher on…
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Business And Money
Economic Growth: Nigeria establishes a $10bn diapora fund
by samsunblogby samsunblogThe Nigerian government has declared the opening of a $10 billion Nigeria Diaspora Fund, a multisectoral…
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In the upcoming months, the Netherlands plans to inject $250 million into Nigerian economy, of which…
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Business And Money
US President, Biden just signed possible TikTok ban into law
by samsunblogby samsunblogA bill that could result in a statewide ban on TikTok was signed into law by…
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UBS has received a warning from the Switzerland government that it might need to come up…
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At the official market (NAFEM) and on the black market, the naira has declined for the…
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Business And Money
EFCC blocks 300 individual forex accounts to protect naira
by samsunblogby samsunblogTo avoid another naira crisis, the Economic and Financial Crimes Commission (EFCC) has banned over 300…
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Businesses in Nigeria are family enterprises which account for up to $100 billion of the country’s…