Finance & Economy
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Manufacturing, transport sectors top major drivers of N41trn Lagos economy
…as Sanwo-Olu seeks OPS collaboration, assures the enabling environment….Lagos, world 19 best city to visit in 2024-UK Mag…sets to create…
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US economy no longer overheated, Fed’s Powell tells Congress
– The U.S. is “no longer an overheated economy” with a job market that has cooled from its pandemic-era extremes…
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FG seeks N300 billion from July 2024 bond auction as demand weakens
FGN Bonds, bond, DMO set to auction N150 billion in FGN Bonds to investors , FGN Bond for February 2020…
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Naira appreciates as foreign reserves hit 13-month high
The naira reclaimed part of losses sustained over the weeks as foreign exchange liquidity pressures reduced over the weekend, with…
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Foreign investments in manufacturing sector drop by 54% — NBS
Foreign investments in Nigeria’s manufacturing sector fell by $326m (54 per cent) to $279.5m in the third quarter of 2023…
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Glitch: fintech giant OPay gets court order to restrict customer accounts
Chinese-backed fintech giant OPay has received approval from a Federal High Court in Lagos to freeze customer bank accounts in…
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How banking consolidation will grow economy, reduce pains of Tinubu’s ongoing reforms – Cardoso
Governor of the Central Bank of Nigeria, Olayemi Cardoso, has restated that the fresh round of banking consolidation in the…
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ATMs: CBN Reads Riot Act to Banks over Alleged Inhibition of Cash Circulation
*Says financial institutions conniving with PoS operators to frustrate customers The Central Bank of Nigeria (CBN) yesterday read the riot…
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Economy: Tinubu Unveils N2trn Stabilisation Plan Amid Funding Challenge
* Targets 2m bpd crude production *Inaugurates presidential economic coordination council *Declares mere 4.5GW power capacity shameful for Nigeria *Nigeria’s economy can…
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WE WILL FIX THE ECONOMY IN JUST MONTHS—-ALIKO DANGOTE.
President of the Dangote Industries Limited, Mr Aliko Dangote, says Nigeria has all it takes to turn its economy around…
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