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Exchange rate to hit N1.993/$ by 2028 — Fitch
Fitch Solutions, a financial intelligence service provider, has predicted that the Naira would depreciate to N1,993 per USdollar by 2028. ...NDIC sets December 4 date for sale of Heritage Bank’s assets
The Nigeria Deposit Insurance Corporation (NDIC) has announced that the sale of Heritage Bank’s assets will commence on December 4, ...Cement hits N8,800 as cost of building materials skyrockets
High cost of building materials in the country is currently affecting activities in the property sector, posing a huge challenge ...Petrol landing cost drops to N971/litre – Report
The estimated cost of landing Premium Motor Spirit, commonly known as petrol, on Nigeria’s shores has seen a considerable reduction ...WTO confirms Okonjo-Iweala as sole candidate for director-general role
The World Trade Organisation (WTO) has confirmed Ngozi Okonjo-Iweala, the current director-general, as the sole candidate for the position. According ...Heritage Bank customers yet to recover their money should come forward – NDIC
The Nigeria Deposit Insurance Corporation (NDIC) says customers of the defunct Heritage Bank who are yet to receive payment should ...Bankruptcy: AMCON to take over Dapo Abiodun’s Heyden Petroleum
The Lagos Division of the Federal High Court has ordered an interim takeover of Heyden Petroleum Limited by the ...International firm hires depot to blend substandard petrol in Nigeria — Dangote
Dangote Petroleum Refinery, yesterday, alleged that an international trading company has hired a depot to blend substandard petroleum products in ...Operators lament, say Inflation forcing hotels to shut down
The high rate of inflation in NIgeria is taking its toll on hotels, forcing them to shut down operations, industry ...UBA plans subsidiary in Saudi Arabia, restates commitment to investment in Africa
Africa’s Global Bank, United Bank for Africa Plc, has set the wheels in motion to expand its operations in the ...
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