Author: Marketforces Africa

The Naira depreciated by 0.04% at the official market, closing at N902.45 per US dollar on Friday

Ghana has received access to an additional loan of $600 million from the multilateral lender, IMF

GCR Ratings (GCR) has placed Union Bank of Nigeria Plc on Rating Watch Negative following the dissolution…th

The Federal Capital Territory Administration (FCTA), has earmarked N1.7 billion in the 2024 …

An FCT High Court, Maitama on Friday, fixed Feb. 12 for the trial of the suspended Central Bank Governor

NCC to Drive Telecom Industry Growth with Collaboration, Compliance, Data Dr Aminu Maida, the Executive Chairman, of the Nigerian Communication Commission (NCC), says the commission will foster growth in the telecoms industry by focusing on collaboration, compliance, data and quality of experience. Aminu said this during a special engagement with the media in Lagos on Thursday to discuss his vision and strategy after spending 100 days in office. He said it was very vital to collaborate with stakeholders, who ranged from government agencies to the media, telecom operators and consumers. Maida said the commission would focus more on being data-centric,…

FG Seeks Foreign Investment Partners in Hydrogen Production The Federal Government has restated its commitment to partnering with genuine investors to unlock the country’s natural gas resource’s full potential for national growth and development. The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, made this known in an address at the Americas Energy Summit and Exhibition in New Orleans, Louisiana, U.S.A. Louis Ibah, the minister’s Spokesperson quoted him in a statement on Thursday as saying that Nigeria was open for business and willing to partner with foreign investors and countries with requisite technologies and experience in developing the country’s…

Purchasing value of the naira declined further at the parallel market while the exchange rate …

Oil prices climbed due to several bullish factors, including the likelihood of US production disruptions

Driven by output growth in Nigeria and others, total crude oil production of the Organization of Petroleum Exporting Countries