The Implementation Committee on Crude Oil Sales in Naira says the commencement of Naira payments for crude oil sales to the Dangote Refinery is October 1, 2024, marking a significant milestone in Nigeria’s economic transformation. This information is contained in
Federation Accounts Allocation Committee (FAAC) has shared a total sum of N1,358,075,000,000 to the Federal Government, States and Local Government Councils in the country as revenue collected in July 2024. A statement by Bawa Mokwa, Director Press and Public Relations Office
The Federal Government has inaugurated the Technical Sub-Committee tasked with developing the framework for the sale of crude oil to local refineries in Naira in a step towards enhancing Nigeria’s refining capacity to promote economic growth and development of the
Ecobank has announced the top finalists for the first-ever and inaugural 2024 Ecobank Fintech Challenge Hybrid Semi-Final event; they were selected from a cohort of 40 highly competitive Fintechs that made it to the semi-final stage of the competition.
Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun has met with relevant stakeholders with a view to ensuring the realization of a policy objective of the Federal Government that seeks to sell crude oil to local
The African Export-Import Bank (Afreximbank) says it plans to double its financing of intra-African trade from US$20 billion in 2021 to US$40 billion by 2026. Mr. Haytham ElMaayergi, Afreximbank’s Executive Vice President, Global Trade Bank, made the disclosure while addressing
Nigeria is collaborating with the United States of America to strengthen bilateral relations and explore new frontiers for economic partnership. This came to the fore when the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun hosted
The Board of Governors of the International Monetary Fund IMF, the highest decision-making body of the fund, has increased the number of Executive Directors to 25. The resolution to increase the number of Executive Directors on the IMF’s Executive Board
More than 100 countries including China, India, Brazil, and South Africa—face serious obstacles that could hinder their efforts to become high-income countries in the next few decades; this is according to a new World Bank study that provides the first comprehensive
The federal government of Nigeria say it has put in place the Accelerated Stabilisation and Advancement Plan, a short term measure by the president’s economic team to address challenges to the economy with focus on production and supporting businesses.
Get weekly update of current commodity prices across Nigerian markets
We are a one stop shop for news and information that is focused on Economy, Finance and Business, telling the Nigerian story in a Nigerian way
Get weekly update of current commodity prices across Nigerian markets
Copyright 2023 Market Naija TV. All rights reserved.
