Category: Business

Fidelity Bank Named “Nigeria’s Best Private Bank” at Euromoney Awards

  Fidelity Bank PLC, has been named “Nigeria’s Best Private Bank” at the prestigious Euromoney Awards 2025. The recognition was formally unveiled at the...

Pound

Yuan strengthens 7.2085 against dollar

  Dollar The central parity rate of the Chinese currency renminbi, or the Yuan, strengthened 48 pips to 7.2085 against the dollar on Thursday. Also...

FG Laying Foundation For Stable, Efficient Power Sector, Adelabu Tells World Bank

  The Federal Government is laying a solid foundation for a stable, reliable, and effective power supply for Nigeria and is willing to partner with international...

Nigeria Signs ECOWAS Tariff Offers

…… Advancing AfCFTA Implementation Nigeria has officially gazetted and transmitted to the AfCFTA Secretariat, the ECOWAS Schedule of Tariff Offers for Trade...

Nigerian banks ready for recapitalisation, rising globally – CBN

  The Central Bank of Nigeria (CBN) has affirmed the preparedness of the Nigerians banks for the ongoing recapitalisation exercise. The Director of Banking...

Power: FG Seeks further collaboration With EU

Hon. Minister of Power, Chief Adebayo Adelabu the EU Ambassador to Nigeria, Gautier Mignot during his Courtesy called to the Hon. Minister of Power recently. Nigeria’s...

Tinubu,US Adisor explores areas of economic and strategic cooperation

President Tinubu with US envoy,Massad Boulous President Bola Ahmed Tinubu received a State Department representative from President Donald J. Trump’s...

Nigeria’s gas sector attracts over $5bn in investments

  Gas   The Nigerian Gas Association (NGA) says the gas sector has attracted more than five billion dollars in new investments as at 2024.   Mr Akachukwu...

Fitch Upgrades Nigeria’s Rating On Policy Reforms

    Fitch Ratings has upgraded Nigeria’s Long-Term Foreign-Currency Issuer Default Rating to ‘B’, from ‘B-‘ with a stable outlook. According to the...

Crude Oil Reserves Hit 37bn Barrels, Gas Soars To 210.54TCF – NUPRC

  The Nigerian Upstream Petroleum Regulatory Commission has declared the country’s official petroleum reserves position, revealing a staggering 37.28 billion...