In an effort to address Nigeria’s reliance on imports and bolster its domestic food processing capabilities, food processors have reportedly invested a total of N23.8 billion…
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Binance revealed that it blocked 281 accounts linked to Nigerian individuals owing to money laundering concerns in 2022 and worked closely with the FG to protect…
Nigerian Breweries have announced another increase in the price of beer due to rising production costs, marking the third hike in less than a year for…
The Organisation of Petroleum Exporting Countries(OPEC) said Nigeria’s crude oil production month-on-month dropped by 7.94% to 1.322 million barrels per day, bpd in February 2024, from…
The World bank has revealed that 3G coverage has been linked to poverty reduction in Nigeria and Senegal commenting on the impact of digital connectivity on…
The Central Bank of Nigeria (CBN) reported a large increase in foreign exchange inflows to the economy in February 2024. The surge is attributable to significant…
The Central Bank of Nigeria reported on Friday that foreign exchange inflows to the country reached $2.3 billion in February, driven by a surge in remittances…
In a recent assessment, Moody’s Ratings upgraded the deposit ratings of seven major South African banks, demonstrating their resilience in capital, funding, and profitability. The banks…
S&P Global Ratings recently expressed optimism about the financial support pouring into Egypt, citing the $35 billion investment from the UAE to develop the Ras al-Hikma…
Nigeria saw a 37.2% increase in its overall foreign trade in 2023 compared to 2022, rising from N52.38 trillion to N71.88 trillion. This is in line…