Page 9 - Pascal Oparada News Today

The Association of Cement Producers in Nigeria (CEPA) has given the Nigerian government the condition on which the price of the product could reduce.

BUA Foods Plc, owned by Abdul Samad Rabiu, Nigeria's second-richest man, has invested about $200 million in sugar estate to expand the company's product line.

The governor of the Central Bank of Nigeria, Olayemi Cardoso, said the Nigerian economy received a Forex inflow of $1.8 billion in just one week to boost the naira.

The Chief Executive of Nigeria Upstream Petroleum Regulatory Commission (NUPRC) said that Nigeria is OPEC's most improved oil-producing country globally.

Geregu Power, owned by billionaire investor, Femi Otedola, has crossed the N2 trillion mark in market capitalisation at the Nigerian Exchange Limited.

The United Kingdom has set out plans to take about 600,000 international students every year from five countries, including Nigeria, India, and Vietnam

The Minister of Industry, Trade and Investment, Doris Uzoka-Anite, has announced an investment pledge amounting to about $30 billion from local and foreign investors

The naira crossed N1,500 in the official exchange rate market on Friday, February 16, 2024, while the unofficial parallel market approached N1,700 to a dollar.

The Nigerian government is about to borrow about N2.5 trillion from the FGN bonds in February, with full repayment set for February 21, 2024 to fund budget deficit.

Nigeria's headline inflation has risen to a 17-year-high for January 2024 at 29.90% as food inflation, transport, clothing and other items contribute