Nigeria’s FX Reserves Get a Boost: $591.78m Surge After Eurobond Auction
In December 2024, Nigeria's foreign exchange (FX) reserves experienced a significant boost, increasing by $591.78 million following a successful Eurobond issuance. This strategic move...
CBN Reforms Drive 63.7% Surge in Nigeria’s IMTO Inflows: A Boost to Economic Growth
The Central Bank of Nigeria (CBN) has recorded a remarkable 63.7% increase in Inward Money Transfer Operations (IMTO) inflows during the first nine months...
Landmark Africa Relocates Headquarters After Lagos Beach Demolition, Expands Operations Across Africa
Landmark Africa, the prominent real estate and hospitality conglomerate renowned for its flagship Landmark Beach Resort in Lagos, has announced plans to relocate its...
Airtel Nigeria Backs Tariff Hike Amid 300% Operational Cost Surge, Industry Faces Sustainability Challenges
Airtel Nigeria, one of the leading telecommunications operators in the country, has joined the growing call for an upward adjustment of telecommunications tariffs. The...
Nigeria’s Non-Oil Exports Soar by 19.23% in October 2024, Driven by Brazil and Netherlands as Key Markets – CBN Report
Nigeria's non-oil export sector has shown remarkable growth, with earnings rising by 19.23% in October 2024, reaching $620 million from $520 million in September,...