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FG to Raise N350 Billion in February 2025 Bond Auction
The Debt Management Office (DMO) of the Federal Government of Nigeria (FGN) has announced an auction subscription offer to raise N350 billion by issuing...
Olam Sells 44.6% Agribusiness Stake to Saudi Fund for $2.35B
In a strategic move to reshape its business portfolio, Olam Group has announced the sale of a 44.58% stake in its agribusiness unit, Olam...
CBN Governor Pushes for Stronger Nigeria-Saudi Economic Ties
The Central Bank of Nigeria (CBN) said in a statement issued on Sunday that it is committed to strengthening economic cooperation between the Kingdom...
Meta Boosts Executive Bonuses to 200% After Laying Off Workers
Just days after cutting 5% of its workforce, Meta has approved a 200% increase in executive bonuses, raising eyebrows across the industry.
According to a...
FG Spends $8 Billion to Stabilize Naira –Rewane Warns of Temporary Gains
The naira’s recent appreciation is largely driven by the $8 billion the federal government has injected to stabilize the currency, according to Bismarck Rewane,...
