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Economy
Fitch Ratings has revised the outlook on Nigeria’s Long-Term Issuer Default Ratings (IDRs) to positive from stable and affirmed the IDRs at ‘B’.
The equities segment of the Nigerian Exchange (NGX) gained more than N44 billion on Thursday over positive price movement in Airtel Africa.
Global prices of crude oil climb as all eyes are on the decision by members of the Organisation of Petroleum Exporting Countries and allies (OPEC+) resolve on output for 2024.
Gov. Mohammed Presents N300bn Budget For 2024 to Bauchi State Assembly Gov. Bala Mohammed of…
Meeting in Abidjan on 29 November 2023, the Board of Directors of the African Development Bank approved a loan of €73 million to Kenya to support Phase III of the Competitiveness and Economic Recovery Support Programme. The financing will cover the fiscal year 2023-2024.
Africa Finance Corporation (AFC) has invested US$60 million in Etu Energias (formerly Somoil), the largest private Angolan oil company, as part of a drive to boost indigenous participation in the continent’s energy sector.
The Supreme Court on Wednesday ruled that both the old and the redesigned naira notes remain valid legal tenders in the country beyond December 31.