European Bank Unveils Billion-Dollar Strategy for Nigeria

European Bank Unveils Billion-Dollar Strategy for Nigeria

The European Bank for Reconstruction and Development has announced plans to invest at least 1.5 billion dollars in Nigeria over the next three years. The multilateral lender launched its Lagos office this week, marking its first operational base in Sub-Saharan Africa. Directors cited stabilizing macroeconomic reforms, improving foreign exchange liquidity, and a growing pipeline of…

Read Full News
Naira Weakens To N1,334 At Official Window

Naira Trades at N1,360 Against the Dollar 

The Nigerian naira opened trading today, holding firm within its familiar N1,360 threshold at the official foreign exchange window. Latest transactional data shows the local currency hovering around N1,360.50 per US dollar at the official Nigerian Foreign Exchange Market. The parallel market mirrors this relative calm, with street traders quoting buying and selling rates between…

Read Full News