Tuesday, April 23, 2024
MARKET UPDATE
Advertisement Topt

TheCable

Advertisement lead

Business

After losing Nigeria’s rice market, Thai exporters cut 2020 export forecast by 5m tonnes

    After losing Nigeria’s rice market, Thai exporters cut 2020 export forecast by 5m tonnes

Thailand Rice Exporters Association has slashed rice export forecasts for 2020 by five million tonnes. It is now projected that the country will now export 6.5 million tonnes of rice

0 comment Read Full Article

National theatre: Previous concession winners head to court, vow to fight ‘illegal’ handover

    National theatre: Previous concession winners head to court, vow to fight ‘illegal’ handover

In October 2019, the Central Bank of Nigeria (CBN) made public its plans to improve infrastructure in the creative industry; this included a renovation of the national theatre in Iganmu,

0 comment Read Full Article

Azura power contract is another P&ID in our hands, says Omo-Agege

    Azura power contract is another P&ID in our hands, says Omo-Agege

Ovie Omo-Agege, deputy senate president, says Nigeria’s agreement with Azura Power could be another P&ID case on the neck of the country.  He is seeking an outright cancellation of the

0 comment Read Full Article

Naira weakens despite dollar selloff

    Naira weakens despite dollar selloff

As the worldwide race for a coronavirus vaccine gathers pace and fiscal stimulus uplifts global sentiment, investors seem to be favouring riskier currencies at the expense of the dollar. The

0 comment Read Full Article

NCC mandates six telcos to submit their financial statements

    NCC mandates six telcos to submit their financial statements

The Nigerian Communications Commissions (NCC) has said it is now mandatory that six telecom licensees, including Airtel and MTN, submit

0 comment Read Full Article

FG plans fresh N4.28trn loans to finance 2021 budget

    FG plans fresh N4.28trn loans to finance 2021 budget

The federal government intends to borrow N4.28 trillion in 2021 to fund its budget deficit. This is according to the

0 comment Read Full Article

COVID-19: Access Bank gets $50m IFC loan to support SMEs

    COVID-19: Access Bank gets $50m IFC loan to support SMEs

Access Bank Plc has secured a $50 million loan from the International Finance Corporation (IFC), a member of the World

1 comment Read Full Article

$40 oil benchmark, N360/$1… Buhari sends 2021-2023 MTEF to n’assembly

    $40 oil benchmark, N360/$1… Buhari sends 2021-2023 MTEF to n’assembly

President Muhammadu Buhari has sent the medium term expenditure framework (MTEF) and fiscal strategy paper (FSP) to the national assembly

0 comment Read Full Article

CBN plans N15trn consortium to boost infrastructure development

    CBN plans N15trn consortium to boost infrastructure development

The Central Bank of Nigeria (CBN) has announced plans to establish a N15 trillion infrastructure development company. Godwin Emefiele, CBN

0 comment Read Full Article

AU denies endorsing Egyptian candidate for WTO top job

    AU denies endorsing Egyptian candidate for WTO top job

The African Union has denied endorsing any candidate for the office of the director-general of the World Trade Organization.  The

0 comment Read Full Article
error: Content is protected from copying.