Nigerian inflation rose for the tenth month in a row in October, increasing pressure on the new central bank governor to raise interest rates when the monetary policy committee meets for the first time since […]
Nigeria’s state oil firm said it has launched a new grade of crude called Nembe, as Africa’s largest oil producer aims to ramp up crude production. The Nigerian National Petroleum Corporation (NNPC) made this known […]
Fidelity Bank Plc’s leadership in the export space has once again been reaffirmed with the bank’s emergence as the Export Finance Bank of the Year at the BusinessDay and other Financial Institutions (BAFI) Awards 2023. […]
The City of Houston has designated October 25 as “Fidelity International Trade and Creative Connect Day” in recognition of Fidelity Bank Plc’s commitment to fostering bilateral trade and economic development between the city of Houston, […]
Nigeria’s naira is on the brink of breaching 1,000 per dollar after falling to an official record low of 999 last week, Refinitiv data showed, tracing its weakness on the unofficial market where it trades […]
• Signs $40million deal with AFREXIM Bank and JohnVents Industries for cocoa export The much-anticipated second edition of the Fidelity International Trade and Creative Connect (FITCC) got off to a boisterous start on Tuesday, October […]
Nigeria has won its bid to overturn an $11 billion damages bill for a collapsed gas processing project it said was procured by a concerted campaign of bribery. This was ascertained as the court sitting […]
By Marvellous Nyang Finance Minister, Wale Edun, says Nigeria expects $10 billion in new foreign currency inflows in the next few weeks to ease liquidity in the foreign exchange market. Edun who disclosed this in […]
China’s President Xi Jinping has pledged that his country will increase investments in Nigeria’s power generation sector and its digital economy, the Nigerian vice president’s office said in the wake of a Belt And Road […]
• Offical rate now N999/$1 Nigeria’s naira hit a new record low of N999 per dollar on the official market on Thursday, October 19, 2023, Refinitiv data showed, in line with weakness on the parallel […]
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