The foreign exchange market ended the week with naira losing 1.55 percent of its value to the dollar at the Investors and Exporters (I&E) forex window, despite improved liquidity. This was due to strong demand for dollars by the end users to meet their obligations. The market closed with the dollar being quoted at N404.67k […] Read Full Story
Nigeria is yet to reach a conclusion with the World Bank over a $1.5 billion loan it approached the bank since last year, Zainab Ahmed, minister of finance, budget and national planning said. The World Bank loan which is supposed to provide some comfort to Africa’s biggest economy after being hard-hit by the fall-out of […] Read Full Story
By Providence Adeyinka ECONOMY A firm, 234Parts.com has introduced online platform for the automobile sector, to connect spare parts buyers and sellers, dealers, auto workshops and car owners. A statement from the Managing Director of 234Parts.com, Mr. Godson Madu, said that the site boasts of over 370,000 car parts listings with 28,000 unique products from
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