Chinese Yuan Rally after Crackdown on Vicious Selling
Chinese Yuan Rally after Crackdown on Vicious Selling The yuan, Chinese currency, rose to around 7.21 per US dollar, rebounding slightly from three-week lows as the prospect of more forceful…
Uganda Inflation Rate Rises to 2.8%
Uganda Inflation Rate Rises to 2.8% The annual inflation rate in Uganda rose to a five-month high of 2.8% in January 2024, up from 2.6% in each of the previous…
NAFDAC bans the Production of Alcoholic Beverages in Sachets
NAFDAC bans the Production of Alcoholic Beverages in Sachets The National Agency for Food and Drug Administration and Control (NAFDAC) has banned the production of alcoholic beverages in sachets and…
MTNN, Tier-1 Banks Stock Drags NGX Down by N437bn
MTNN, Tier-1 Banks Stock Drags NGX Down by N437bn Equities investors lost N436 billion in the stock market as profit-taking on telecom, and banking stocks dragged the Nigerian Exchange (NGX)…
Cardoso, CBN And The Nigerian Economy – Reuben Abati
It is not just the menace of insecurity in the land that has been in the news in Nigeria, the economy too, and indeed the latter for obvious reasons as…
AfDB begins disbursement of $540m SAPZs fund – Official
AfDB begins disbursement of $540m SAPZs fund – Official The African Development Bank (AfDB), says it will commence the disbursement of US$540 million to the first batch of states for…
Wheat production: African countries spend $20bn on importation annually – TAAT
Wheat production: African countries spend $20bn on importation annually – TAAT The Technologies for African Agricultural Transformation (TAAT) on Monday said African countries spend about $20 billion annually on importation…
Oil Prices Stay Below $80 after UK, US Attack Houthis
Oil Prices Stay Below $80 after UK, US Attack Houthis Oil Rallies on Monday after the United States and United Kingdom attacked Houthis last week. Today, brent price increased to…
DMO offers 2 FGN savings bonds for subscription for February
DMO offers 2 FGN savings bonds for subscription for February The Debt Management Office (DMO) has announced two Federal Government of Nigeria (FGN savings bonds for subscription at N1,000 per…
NIS repatriates 18 Cameroonian irregular immigrants from Benue
NIS repatriates 18 Cameroonian irregular immigrants from Benue The Nigerian Immigration Service (NIS), Benue Command, on Monday, sent back home 18 Cameroonian irregular immigrants residing in Makurdi. The State Comptroller,…