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Naira Gains Against Dollar in Black Market, NAFEM, Sept 1 

Naira Gains Against Dollar in Black Market, NAFEM, Sept 1  The naira appreciated against the US dollar on Monday, September 1, recording a marginal gain in both the parallel and official foreign exchange markets. Currency traders in Abuja told Economic Confidential that the naira exchanged at...

Dangote, Ethiopia to Build $2.5bn Fertiliser Plant

Ethiopian Investment Holdings (EIH), the strategic investment arm of the Government of Ethiopia, and Dangote Group have signed a comprehensive shareholders’ agreement to develop, construct, and operate a world-class urea fertilizer production complex in Gode, Ethiopia.

Cardoso, Brazil Central Bank Explore Fintech Opportunities

The Central Bank of Nigeria (CBN) and the Banco Central do Brasil (Brazil’s Central Bank) have opened fresh talks aimed at strengthening economic and financial cooperation between Africa’s largest economy and Latin America’s biggest market.

FG Issues New NELFUND Loan Guidelines, Projects Wider Access for Students

FG Issues New NELFUND Loan Guidelines, Projects Wider Access for Students The Federal Government has unveiled revised guidelines for the Nigerian Education Loan Fund (NELFUND) to streamline disbursement, strengthen accountability, and expand access to more students in tertiary institutions across the country. The new framework, presented...

Naira Slides in Black Market, Gains at Official Window

Naira Slides in Black Market, Gains at Official Window The naira slipped against the US dollar on Friday, August 29, recording a marginal depreciation in the parallel market. Currency traders in Abuja told Economic Confidential that the naira exchanged at ₦1,540/$1 for buying and ₦1,550/$1 for...

PHOTOS: NIPR Hails Latest PRNigeria Books at Economic Confidential Lecture

PHOTOS: NIPR Hails Latest PRNigeria Books at Economic Confidential Lecture The Nigerian Institute of Public Relations (NIPR) has lauded Image Merchants Promotion Limited (IMPR), publishers of PRNigeria and Economic Confidential, for its pioneering role in promoting intellectual development and national discourse through its annual public...