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Naira-for-Crude policy poses risks to FDIs, exchange stability – DAPPMAN

The Naira-for-crude oil transaction framework presents significant risks that could affect Nigeria’s foreign exchange stability and deter Foreign Direct Investment (FDI), Olufemi Adewole, Executive Secretary, Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has said.

Finance ministry secures N100bn to finance housing project

By Yinka Kolawole,  with agency report The Ministry of Finance Incorporated (MOFI) says it has secured N100 billion through the MOFI Real Estate Investment Fund (MREIF) to finance affordable housing. MOFI had earlier in December 20, 2024 announced  that the N150 billion MREIF series one bond was fully subscribed. With the N100 billion series 2 offering […]

Adeyanju faults killing of Tantita security personnel 

Human rights lawyer and activist, Comrade Deji Adeyanju has raised alarm over the killings of personnel and officers of Tantita Security Services Ltd, a private security firm dedicated to safeguarding Nigeria’s vital oil pipelines and critical infrastructure.

Stock market volatility persists, records 4th consecutive week downturn 

By Peter Egwuatu The volatility in the Nigerian stock market continued last week with market recording a fourth consecutive week downturn following losses recorded by highly capitalised stocks across the sectors. Analysts have emphasised that the volatility experienced last week were compounded by the    global economic uncertainties, coupled with the political upheaval in Rivers State […]

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