HomeBusiness

Business

IMF Forecasts 3.3% Economic Growth for Nigeria in 2024

The International Monetary Fund (IMF) has recently revised its economic growth forecast for Nigeria, increasing it from 3.0% to 3.3% for 2024.

CBN, NIPSS Collaborate to Drive Nigeria’s Digital Economy Prospects for Job Creation

The Central Bank of Nigeria (CBN) and the National Institute for Policy and Strategic Studies (NIPSS) are set to collaborate on enhancing Nigeria's digital economy potential for the purpose of empowering and creating jobs for millions of youths.

Revenue Generation: Tinubu Launches Single Window Initiative, Targets $2.7bn Annually 

President Bola Tinubu on Tuesday launched the National Single Window initiative, a transformative project that will propel the nation's economy to new heights. 

Dangote Refinery Crashes Diesel Price to N1000 Per Litre

The Dangote Petroleum Refinery has announced further reduction of the price of diesel from 1200 to 1,000 naira per litre. 

Nigerian Equities Open With N304bn Loss

Nigerian Equities Open With N304bn Loss   Nigerian equities opened this week with a continuation of bearish sentiment as investors sought to lock in gains into fixed income securities. Benchmark indices at the Nigerian Exchange (NGX) indicated average decline of 0.53 per cent, equivalent to net capital...

Naira Closes at N1,050 per Dollar at Parallel Market

Naira Closes at N1,050 per Dollar at Parallel Market The naira yesterday exchanged at N1,050 to dollar at the parallel market. It exchanged at N1,125 to dollar on over the weekend, representing N75 appreciation. Naira appreciated by 0.56 per cent to close at N1,136 to dollar...