Naira slips to N1,475.35 against dollar at official market
The Naira depreciated on Friday, trading at N1,475.35 to the Dollar at the official foreign exchange market, according to figures released by the Central Bank of Nigeria (CBN). The decline…
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World Bank unveils plan to boost private investment, drive job growth
………via International Finance CorporationThe World Bank is developing the International Finance Corporation (IFC2030) strategy to strengthen private capital mobilisation, its President Ajay Banga, said this on Friday in Washington DC.…
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Google unveils AI skills training for public servants
Google.org has unveiled an Apolitical’s Government Artificial Intelligence (AI) Campus skills training for the Nigerian public servants, a trusted global hub for AI excellence in government. Google announced on Thursday…
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CBN Gov assures foreign investors of conducive business environment
The Central Bank of Nigeria (CBN) has assured foreign investors that the government will continue to advance reforms and unlock opportunities for sustainable investment and growth. CBN Governor, Yemi Cardoso,…
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Hope for Gencos as FG rolls out N4trn bond to settle arrears
The Federal Government has finalised implementation frameworks for a ₦4 trillion government-backed bonds to settle verified arrears owed to power Generation Companies (GenCos) and gas suppliers. The Special Adviser to…
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Minister: Solid minerals sector, next jugular of Nigeria’s economy
The Minister of Solid Minerals Development, Dr Dele Alake, says the solid minerals sector is the next jugular of Nigeria’s economy. Alake stated this at the opening of the 10th…
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Transcorp Power posts results of N91.2bn pbt, grows revenu by 38%
Transcorp Power Plc (“Transcorp Power” or the “Company”), (NGX: TRANSPOWER), one of the power subsidiaries of Nigeria’s leading listedconglomerate, Transnational Corporation Plc (“Transcorp Group”), has announced its unaudited Q3 financial…
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CBN Gov replaces Edun as Nigeria’s delegation leader to W’Bank-IMF meeting
…….in Washington DC Governor of the Central Bank Nigeria, Mr Olayemi Cardoso, will lead Nigeria’s delegation to the World Bank and International Monetary Fund Annual Meeting in Washington DC, which…
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Stocks: Investors gain N459bn as bullish sentiment persists
The Nigerian equities market has sustained its bullish streak on Wednesday, with investors gaining N459 billion. Specifically, the market capitalisation, which opened at N92.031 trillion, gained N459 billion or 0.50…
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CBN promises to provide clean currency notes
The Central Bank of Nigeria (CBN) has reaffirmed its commitment to ensuring the availability of clean currency notes with the right mix. The CBN also encouraged citizens to be ambassadors…
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