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Mr Charles Eghobamien, the President and Chief Executive Officer, of Sunora Foods, says the company will commit about US$100 million as foreign direct investment in oil palm production and other crops in Edo.
The Bank of England (BoE) Thursday kept rates on hold for a second consecutive meeting and, barring some major unpleasant surprises in the data between now and Christmas, it’s fair to say the tightening cycle is over, said ING.
Mr Fife Banks, an entrepreneur has urged Nigerian investors to leverage the opportunities that the United States provides through its Employment Based (EB) platform.
The House of Representatives, says it will investigate the N200 billion expended on the postponed 2023 census by the National Population Commission (NPC).
Africa Finance Corporation (AFC) has exited its 35% equity investment in Atlantic Terminal Services Limited (ATSL), the concessionaire for the expansion of Ghana’s Takoradi Port, to the global ports and container terminals operator Yilport Holding.
Amidst Nigeria’s foreign exchange crisis, the apex bank said it has started to clear outstanding foreign currency forwards owed to deposit money banks.
President Bola Tinubu on Wednesday in Abuja urged members of his cabinet to work assiduously towards achieving the mandate of their ministries or be ready to leave the government.
Vice President Kashim Shettima has sought the assistance of the United States Government on President Bola Tinubu’s administration’s food security agenda.
The benchmark yield on Nigerian Treasury Bills has expanded further amidst selloffs pressures in the secondary market. At the close of the trading session on Wednesday, the yield shifted upward by 20 basis points to 11.1% as investors’ risk appetite continued to shift.
Oil prices climbed as the US Federal Reserve maintained the status quo on funds rates, while the dollar index strengthened against a basket of currency.