Daily Archives: November 12, 2020

Nigeria’s fragile fiscal regime may stall $24bn oil, gas projects

Nigeria’s fragile fiscal regime may stall $24bn oil, gas projects

With the continued delay in the passage of the Petroleum Industry Bill (PIB) leading to a frigile fiscal regime mired by uncertainty, the African Energy Chamber (AEC), has said Nigeria and other African countries should expect a capital expenditure (CAPEX) ...

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Forex demand pressure worries CBN MPC members

Forex demand pressure worries CBN MPC members

Some members of the Monetary Policy Committee of the Central Bank of Nigeria have expressed concerns over the high demand pressure in the nation’s foreign exchange market. The MPC members voiced their concerns at the last MPC meeting in their ...

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$1m capital: 753 Nigerian traders in Ghana request evacuation

$1m capital: 753 Nigerian traders in Ghana request evacuation

About 753 members of the  Nigerian Union of Traders Association in Ghana have presented a  letter to the Federal Government requesting for evacuation from the former Gold Coast. The Save-Our-Soul letter was presented to the Chairman, Nigerians in Diaspora Commission,  ...

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