IMF Forecasts Nigeria’s Inflation Cooling to 25% in 2025
Oct 23, 2024 · The International Monetary Fund (IMF) expects Nigeria’s inflation to steady at 25 per cent in 2025 and moderate to 14 per cent by 2029.
Nigeria Raises Crude Production Target to 3 million bpd in 2025
Dec 31, 2024 · Nigeria has set an increased target of 3 million barrels per day by the end of 2025, the Minister of State for Petroleum Resources (Oil), Mr Heineken Lokpobiri, has said.
Dangote Refinery Capacity Now at 85%, Targets European …
Dec 23, 2024 · Nigeria’s Dangote Refinery is now operating at 85 per cent capacity and is on course to deliver European-standard products by January 2025.
Stanbic IBTC Bank Accounts for 28.30% of Nigeria’s Foreign …
Dec 27, 2024 · Stanbic IBTC Bank has solidified its position as the leading bank for capital importation in Nigeria, capturing an impressive 28.30 per cent of total foreign capital inflows in the first nine months of 2024, according to data from the Central Bank of Nigeria (CBN).
Nigeria’s 364-Day Treasury Bills Rate Down 0.13% Amid Strong …
Dec 13, 2024 · By Dipo Olowookere Increased appetite for one-year Nigerian treasury bills forced the Central Bank of Nigeria (CBN) to trim the stop rate at primary market auction (PMA) conducted on Wednesday. Business Post reports that the rate was brought down by 0.13 per cent during the exercise by the bank to 22.80 per cent from
CBN, SEC Okay GTCO’s N209bn Capital Raise | Business Post Nigeria
Jan 7, 2025 · Guaranty Trust Holding Company (GTCO) Plc has completed the first phase of its equity capital raise programme aimed to boost the capital base of its banking arm, GTBank Nigeria Limited. Recall that about a year ago, the Central Bank of Nigeria (CBN) gave financial institutions in the country till ...
GTBank, UBA, Others Announce Early Closure of Branches as 2024 …
Dec 31, 2024 · By Dipo Olowookere Banking operations at the branches of most financial institutions in Nigeria will end
UBA N239.4bn Rights Issue Commences Today | Business Post …
Nov 15, 2024 · Subscription for the N239.4 billion rights issue of United Bank for Africa (UBA) Plc is commencing today, Friday, November 15, 2024.
Naira Appreciates to N1,658/$1 at NAFEM | Business Post Nigeria
Nov 22, 2024 · By Adedapo Adesanya The Naira appreciated on the US Dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Thursday, November 21, by 1.71 per cent or N9.89 to settle at N1,658.67/$1, in contrast to the preceding day’s N1,687.52/$1. This strengthening of the value of the Nigerian Naira came despite a further decline in the supply of forex to the official market yesterday, with ...
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