Suez Canal Economic Zone signs $2.6bn methanol plant contract
Egypt’s Suez Canal Economic Zone on Tuesday signed a 2.6 billion dollars contract to build a methanol plant at Egypt’s...
Foreign
Chinese yuan strengthens to 6.3729 against USD
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 204 pips to 6.3729 against the U.S....
Togo, Benin, Niger yet to remit payment of N770m to NERC
The Nigerian Electricity Regulatory Commission (NERC) has said that three neighbouring countries did not make any payment for the second...
Lira rallies late after Erdogan props up currency
Turkey's lira ended the session up over 20% on Monday after President Tayyip Erdogan introduced a series of steps that...
May & Baker eyes Ghana, Senegal to boost market share
Determined to increase market share, May & Baker Plc Nigeria Plc is perfecting plans to establish its footprint in select...
China to partner with Nigeria on renewable energy
The Federal Government is set to partner the People’s Republic of China on renewable clean energy that will boost electricity...
Exporters want Onne port corridor opened to boost free trade in Africa
Exporters in Imo have appealed to the Federal Government to open the Onne export corridor in Rivers, as a way...
World Bank approves $700m for climate-resilient landscape in Nigeria
The World Bank has approved a 700 million dollar credit from its International Development Association (IDA) for the Nigeria Agro-Climatic...
World Bank contributes $23.5bn to IDA for the poor
The World Bank today announced a $93 billion replenishment package of the International Development Association (IDA) to help low-income countries...
Tit-for-tat as Emirates Airline suspends flights to Nigeria
Ahmed Mohammed Abuja, December 11, 2021 (NIGERIA) In less than 24 hours after the Nigerian Civil Aviation Authority (NCAA) limited...
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