Business
Ghana Becomes First African Country To Sell $2bn Social Bonds
Ghana plans to issue up to $2 billion in green and social bonds by November, making it the first African...
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Jeff Bezos Resigns From Amazon, Earns $4bn Daily
The world’s richest man, Jeff Bezos, recorded a daily gain of about $4.02 billion and has officially resigned his position...
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Naira Appreciates at I&E Window as Crude Oil Prices Reach 3-yr High
The exchange rate between the naira the US dollar closed at N411.13/$1 at the Investors and Exporters window, where forex...
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Spectrum License Fees Spike NCC Revenue by N150bn in 2021
The Nigerian Communications Commission (NCC), has earned over N150bn from spectrum license fees within the first five months of 2021,...
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PIB Permits Dangote Refinery, Others to Purchase Crude Oil in Naira
Holders of refining licences in the country can pay for domestic crude oil supply in naira, according to the Petroleum...
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Nigeria To Raise Oil Production By 2m Barrels
The Organisation of the Petroleum Exporting Countries and its allies appear set to increase their combined oil production by about...
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FG Says It Spent N1.8trn on Debt Servicing in 5 Months
... Laments High Petrol Subsidy Costs The Federal Government says it released N973.13bn for the implementation of capital projects contained...
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Nigeria’s External Reserves Nosedives, $905.5m Lost in June
The country’s external reserves maintained a downward trend as it lost $905.5m in June, figures obtained from the Central Bank...
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FAAN Pleads Amid Check-in System Failure at Lagos Airport, Blames SITA
The abrupt withdrawal of services by Societe International Telecommunication Aeronautiques (SITA) has been blamed for the persistent downtime of automated...
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Exchange Rate Rises at Forex Market Despite Dollar Supply Shortfall
The exchange rate between the naira and US dollar closed at N410.7/$1 at the Investors and Exporters window, where forex...
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