Category: Economy and Capital Markets

Tinubu Promises to Improve Foreign Exchange Liquidity

President Bola Tinubu, speaking at the 29th Nigerian Economic Summit, made several commitments to the business community and outlined his administration’s goals.   He pledged to improve foreign exchange liquidity…

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Raw material export era is finished, according to Alake

Dr. Oladele Alake, Minister for Solid Minerals Development, reaffirmed the general policy of value addition by any enterprise with the necessary license and permissions to mine minerals, and he issued…

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Naira Depreciates to N1040 Per Dollar on the Exchange Market

The parallel market exchange rate for the naira is now N1040. The depreciation, according to Forex dealers who spoke with Nairametrics, is the result of heightened scarcity, with the influx…

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Building Institute Urges FG To Reduce Cement Price

The Federal Government has been requested to intervene and lower the price of cement in the nation by the Lagos Chapter of the Nigerian Institute of Building. The institute made…

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Cement Cost Will Reach N9,000, Say Manufacturers

The Cement Producers Association of Nigeria has cautioned that the federal government's ongoing plan to install concrete roads will increase cement's price from its present level of N5,000 per bag…

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NDE Empowers 37 Youths

Under the youngsters Transformation Training Scheme (YTTS) of the National Directorate of Employment (NDE), around 37 youngsters have started a six-month entrepreneurship skills training in Enugu State. The NDE Director-General…

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Tinubu Rings NASDAQ Closing Bell, Assures Investors of Safe Haven

The closing bell of the Nasdaq stock market in New York was rung by Nigerian President Bola Tinubu on Wednesday, making him the first president of Africa to do so.…

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Four Options To Consider For Earning Foreign Exchange As A Nigerian

Nigerians are finding it more challenging to make a living as a result of the global economic slowdown in recent months. The cost of products and services has been steadily…

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BUA Cement to bring down cement price from N5,500 to M3,500 per bag

BUA Cement Plc has announced plans to reduce the price of cement in Nigeria from the present N5,500 to between N3,000 to N3,500. This was made known by the Chairman…

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The IEA predicts that the global demand for coal, gas, and oil will peak this decade.

A historic turning point in the world's energy landscape was forecasted by the International Energy Agency (IEA) on Tuesday. According to IEA Executive Director Fatih Birol, the demand for oil,…

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