Day: March 23, 2022
Forex exchange crisis lingers, threatens production, job security
The Manufacturers Association of Nigeria (MAN) has decried shortage in foreign exchange and fear that the situation could...
CBN disburses N1.3trn to support power supply
The Central Bank of Nigeria (CBN) says it has disbursed over N1.3 trillion to support the provision power...
CBN forecasts 3.24% growth in 2022 despite inflation
The Central Bank of Nigeria (CBN) has projected that the Nigerian economy will grow by 3.24 per cent...
Chinese yuan strengthens to 6.3664 against USD
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 13 pips to 6.3664 against...
Nigeria remains attractive investment destination
The Senior Vice President of the Africa Finance Corporation (AFC), Mr Fola Fagbule, on Tuesday said that Nigeria...
China becomes world leader in computing power
China is standing out in Artificial Intelligence (AI) computing, digital transformation of manufacturing and many other fields against...
Diesel: Truckers running at deficit, needs special consideration
The Council of Maritime Transport Unions and Associations (COMTUA) on Tuesday said that increase in price of diesel...
Dangote fertiliser plant to boost forex earnings, economic growth – Buhari
President Muhammadu Buhari says the 2.5 billion dollar Dangote Fertiliser Plant in Ibeju Lekki, Lagos, will boost Nigeria’s...
AfDB’s president begins visit in South Africa
The African Development Bank (AfDB) Group President, Dr Akinwumi Adesina, begins a three-day official visit to South Africa...
10 ships with petrol berth at Lagos ports
The Nigerian Ports Authority (NPA) on Tuesday said 10 ships that had arrived the ports were waiting to...
