The Central Bank of Nigeria has denied devaluing the naira to trade close to the black market rate. The bank denied the currency devaluation on Thursd
The Central Bank of Nigeria (CBN) has threatened to penalize shipping companies exporting undocumented cargoes from the country. CBN Governor, Godwin
Shell on Thursday posted first-quarter net profit of $9.65 billion, topping analysts’ forecasts, as strong earnings from fuel trading offset cooling o
Mr. Lamin Barrow …Searches for Investors The African Development Bank has vowed to support Nigeria’s gas transition project amidst calls to defund oi
Nigeria’s total public debt rose to 46.25 trillion naira ($103.1 billion) in 2022, from 39.56 trillion naira a year earlier, as the government ramped
The Nigerian Content Development and Monitoring Board, NCDMB, in conjunction with the Federal Inland Revenue Service, FIRS, has organized a one-day wo
Ratings agency Fitch on Wednesday upgraded Ghana’s long-term local-currency issuer default rating to ‘CCC’ from ‘restricted default’, after the countr
The Central Bank of Nigeria (CBN) on Monday said old N200, N500 and N1,000 notes remain legal tender till December 31, 2023. Its acting director of co
President Muhammadu Buhari has distanced himself from the Central Bank of Nigeria’s alleged disobedience to orders of the Supreme Court regarding the
Dangote Sugar Refinery Plc has reported a profit before tax (PBT) of N82.3 billion in the year ended December 31, 2022, indicating an increase of 142