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$2.4bn Grenada Resort opens citizenship window for African investors- Optiva Capital

$2.4bn Grenada Resort opens citizenship window for African investors- Optiva Capital

$2.4bn Grenada Resort opens citizenship window for African investors- Optiva Capital By Babajide Komolafe Optiva Capital Partners has announced that the $2.4 billion Grenada National Resort, the largest single investment in Grenada and one of the Caribbean’s most ambitious hospitality projects, is set to open in 2027. The government-approved development offers investors a pathway to Grenadian […]

Dangote Refinery to supply 65m litres of petrol daily

Dangote Refinery to supply 65m litres of petrol daily

… Exports 20m litres surplus By Udeme Akpan In a landmark shift for Nigeria’s downstream petroleum sector, Dangote Petroleum Refinery & Petrochemicals will supply between 60 and 65 million litres of Premium Motor Spirit (PMS) daily to meet national demand, effectively positioning the country for sustained fuel self sufficiency while exporting up to 20 million litres […]

CBN reduces interest rate to 26.5%. 

CBN reduces interest rate to 26.5%. 

…As External Reserves hit $50.4 b …20 banks cross recapitalization threshold, mobilise N4.05 trn Emma Ujah,  Abuja Bureau Chief The Central Bank of Nigeria (CBN), yesterday, reduced the Monetary Policy Rate (MPR), the benchmark interest rate   by 50 basis points from 27 per cent to 26.5 per cent. The Governor of the CBN, Mr. Olayemi Cardoso, disclosed […]