FG to finance 2021 budget deficit of N5.1 trillion with loans
The FG says is will seek loans and borrow an finance 2021 budget deficit of N5.1 Trillion The national assembly…
Category: Finance
Oil Prices Extends Gain As Global Outlook Improve
Oil prices reversed its losses by a 2% gain globally backed by data showing a decline in the U.S crude…
Nigeria: Inflation Rate Up By 13.71%, Predicted To Go Higher in November
The Financial Derivatives Company (FDC) had made an earlier prediction that Nigeria’s inflation rate will go up to 14.56%. That…
Drone Tech Startup In Nigeria Secures $100 000 Funding From UK
A UK based organisation and a capital agency Zetagon is providing funding to a drone tech startup in Nigeria, Airsmat.…
Buhari To Tackle Money Laundering and Freeze Accounts, Seeks Approval
The House of Representatives has received a bill from President Muhammadu Buhari which requests approval for the Economic and Financial…
Egbin Power Electric Vehicles Launch in Nigeria, Targets Clean Energy
Egbin Power PLC is moving towards clean energy to reduce carbon emissions and protect the environment in Nigeria with electric…
Brent Crude Oil Price Rises Even As Global Oil Supplies Rise
Oil prices appear to rise regardless of the surge in global oil supplies There were some negative forecasts on the…
Africa’s Business Heroes 2020 Selects One Nigerian Among 10 Finalists
Africa’s Business Heroes 2020 top 10 with one Nigerian on the list of 10 finalists Ten names and businesses have…
Nigerian Stock Exchange (NSE) – Investors Make Weekly Gain Of N747 Billion
Nigerian Stock Exchange (NSE) market capitalisation rose by N747 billion to N15 trillion last week, however, it stalled and closed at…
First Industrial Gold Production Worth $98m Begins In Nigeria In 2021
The first industrial gold production is taking off in Nigeria by the first quarter of 2021. A $98 million gold…