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Business – Gist Alerts

The Board of The AfDB Has Approved a $10 Billion Borrowing Plan For 2022

The Board of Directors, African Development Bank (AfDB), has approved the 2022 borrowing program of the institution for up to…

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Naira Falls to 570/Dollar Ahead of Yuletide

The naira continued its downward trend as the dollar was sold for N570 in the parallel market on Tuesday. Operators,…

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OPEC Report: Nigeria Regains Top Crude Oil Production Spot in Africa

Nigeria has regained the top spot among crude oil-producing countries in Africa with the nation’s crude oil production averaging 1.27…

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Time Magazine Names Elon Musk as Person of The Year

Time magazine on Monday named Tesla founder and space entrepreneur Elon Musk as its person of the year, capping a…

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Bitcoin Loses $10,000 In Nervous Market

The bitcoin dropped sharply overnight, losing $10,000 in value in a nervous market before recouping some of its losses Saturday…

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In Nine Months, Nigeria Has Earned N1.5tn From VAT– NBS

Nigeria earned N1.5tn from Value Added Tax in the first nine months of 2021. The National Bureau of Statistics disclosed…

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Just In: Twitter’s New CEO Becomes Parag Agrawal

The Board of Directors of Twitter, Inc. has unanimously appointed Parag Agrawal as CEO and a member of the Board…

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Exchange Rate For Dollar to Naira on 24 November 2021

According to the FMDQ Security Exchange, the official forex trading portal, the Naira opened at *413.82 per dollar on Wednesday,…

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World Bank: Nigeria Should End Fuel Subsidy in Six Months

Nigeria should end its expensive fuel subsidy regime within three to six months, the World Bank said on Tuesday. The…

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Just In: CBN Keeps Lending Rate at 11.5%

The Monetary Policy Committee of the Central Bank of Nigeria has left the Monetary Policy Rate unchanged at 11.5 per…

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