Samuel Nwite
AUTHOR: Samuel Nwite
Nigeria’s Inaugural Dollar-Denominated Bond Oversubscribed by 80%, Signaling Strong Investor Confidence
Nigeria’s financial markets celebrated a historic milestone as the country’s maiden foreign-currency domestic bond achieved an overwhelming subscription of $900 million—far exceeding the initial...
Nigeria’s Trade Surplus Hits N6.95tn in Q2 2024 – NBS
Nigeria recorded a trade surplus of N6.95 trillion in the second quarter of 2024, a 6.60% increase from the N6.52 trillion surplus recorded in...
Regulatory and High Compliance Costs Threaten Nigerian Banking Industry – Elumelu
The Nigerian banking sector is currently facing significant challenges that threaten its ability to sustain growth and drive innovation. High regulatory and compliance costs...
TUC Urges Central Bank of Nigeria to Grant NNPCL N1,000/$1 Special FX Rate to...
The Trade Union Congress (TUC) has urged the Central Bank of Nigeria (CBN) and the Nigeria Customs Service (NCS) to grant the Nigerian National...
Dangote Refinery to Commence Polypropylene Production in October, Cutting Nigeria’s $267.7m Annual Import Cost
The Dangote Refinery is set to make a significant impact on Nigeria’s industrial sector by commencing polypropylene production by the end of October 2024....